Examples of Rule 144 Sale in a sentence
Each Holder shall also furnish to the Company such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of such securities as shall be reasonably required to effect the registration of the Registrable Securities.5.3.5 Rule 144 Sale.
The obligations of the Company and the Selling Stockholder to consummate the transactions contemplated by this Agreement shall be subject to the consummation, at or prior to the Closing, of the closing of the Rule 144 Sale.
The Selling Stockholder wishes to sell to the Company, and the Company wishes to repurchase from the Selling Stockholder, shares of the Common Stock held by the Selling Stockholder at the per share block price of the Rule 144 Sale used as the reference price to determine the terms of the VPF Transactions (the “ Per Share Purchase Price”) and upon the terms and conditions provided in this Agreement (the “Repurchase”).
Neither Parkinson nor Shefte have moved to remove the Rule 144 Sale Restriction or otherwise sell any of their officer-owned shares in the past three years.
No fewer than 10 days prior to any proposed transfer of any Common Shares by a Stockholder (other than under the circumstances described in Article IV or pursuant to a Registered Sale or a Rule 144 Sale), the Stockholder shall give written notice to the Company and the other Stockholder of its intention to effect such transfer.