Distribution Compliance Period. The Subscriber understands and agrees that offers and sales of any of the Common Shares prior to the expiration of a period of two years after the date of transfer of the Common Shares under this Subscription Agreement (the “Distribution Compliance Period”), shall only be made in compliance with the safe harbor provisions set forth in Regulation S, pursuant to the registration provisions of the U.S. Securities Act or an exemption therefrom, and that all offers and sales after the Distribution Compliance Period shall be made only in compliance with the registration provisions of the U.S. Securities Act or an exemption therefrom, and in each case only in accordance with all applicable securities laws; and
Appears in 2 contracts
Samples: Kodiak Energy, Inc., Kodiak Energy, Inc.
Distribution Compliance Period. The Subscriber understands and agrees that offers and sales of any of the Common Flow-Through Shares prior to the expiration of a period of two years after the date of transfer of the Common Flow-Through Shares under this Subscription Agreement (the “Distribution Compliance Period”), shall only be made in compliance with the safe harbor provisions set forth in Regulation S, pursuant to the registration provisions of the U.S. Securities Act or an exemption therefrom, and that all offers and sales after the Distribution Compliance Period shall be made only in compliance with the registration provisions of the U.S. Securities Act or an exemption therefrom, and in each case only in accordance with all applicable securities laws; and
Appears in 2 contracts
Samples: Subscription Agreement (Kodiak Energy, Inc.), Subscription Agreement (Kodiak Energy, Inc.)
Distribution Compliance Period. The Subscriber understands and agrees that offers and sales of any of the Common Shares prior to the expiration of a period of two years six months after the date of transfer of the Common Shares under this Subscription Agreement (the “Distribution Compliance Period”), shall only be made in compliance with the safe harbor provisions set forth in Regulation S, pursuant to the registration provisions of the U.S. Securities Act or an exemption therefrom, and that all offers and sales after the Distribution Compliance Period shall be made only in compliance with the registration provisions of the U.S. Securities Act or an exemption therefrom, and in each case only in accordance with all applicable securities laws; and
Appears in 1 contract
Samples: Kodiak Energy, Inc.
