Common use of Federal Securities Act Representations Clause in Contracts

Federal Securities Act Representations. The U.K. Stockholder acknowledges that the shares of Healthworld Stock to be delivered to him pursuant to this Agreement have not been and will not be registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The Healthworld Stock to be acquired by the U.K. Stockholder pursuant to this Agreement is being acquired solely for his own account, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of it in connection with a distribution.

Federal Securities Act Representations. The U.K. Stockholder acknowledges that the shares of Healthworld Stock to be delivered to him pursuant to this Agreement have not been and will not be registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The Healthworld Stock to be acquired by the U.K. Stockholder pursuant to this Agreement is being acquired solely for his own account, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of it in connection with a distribution.. Healthworld Agreement and Plan of Organization/Garnham --------------------------------------------------------------------------------