Fairness Hearing. Upon the execution hereof, Company and IBC agree, pursuant to Section 3(a)(10) of the Securities Act of 1933 (the “Act”), to immediately submit the terms and conditions of this Agreement to the Court for a hearing on the fairness of such terms and conditions, and the issuance exempt from registration of the Settlement Shares. This Agreement shall become binding upon the parties only upon entry of an order by the Court substantially in the form annexed hereto as Exhibit A (the “Order”).
Appears in 15 contracts
Samples: Settlement Agreement, Settlement Agreement (Peer to Peer Network), Settlement Agreement (Genufood Energy Enzymes Corp.)
Fairness Hearing. Upon the execution hereof, Company and IBC agree, pursuant to Section 3(a)(10) of the Securities Act of 1933 (the “"Act”"), to immediately submit the terms and conditions of this Agreement to the Court for a hearing on the fairness of such terms and conditions, and the issuance exempt from registration of the Settlement Shares. This Agreement shall become binding upon the parties only upon entry of an order by the Court substantially in the form annexed hereto as Exhibit A (the “"Order”").
Appears in 4 contracts
Samples: Settlement Agreement (Worthington Energy, Inc.), Settlement Agreement (ERF Wireless, Inc.), Settlement Agreement (Frontier Beverage Company, Inc)