Common use of Federal Securities Law Matters Clause in Contracts

Federal Securities Law Matters. The Stockholder has been advised that (a) neither the sale nor the offer of the shares of WasteMasters Common Stock issuable pursuant to the terms of this Agreement has been registered under the Securities Act, (b) such shares must be held and the Stockholder must continue to bear the economic risk of the investment in the shares of WasteMasters Common Stock issuable to such Stockholder pursuant to the terms of this Agreement until such shares are subsequently registered under the Securities Act or an exemption from registration is available, (c) a restrictive legend in the form set forth in Section 1.5(c) hereof shall be placed on the certificates representing the shares of WasteMasters Common Stock issuable pursuant to the terms of this Agreement and (d) appropriate stop-transfer instructions shall be issued by WasteMasters, Inc. to its stock transfer agent with respect to such shares; provided that such legend shall be removed and such stop-transfer instructions lifted when and as contemplated by Section 1.5(c) hereof.

Federal Securities Law Matters. The Each Stockholder has been advised that (a) neither the sale nor the offer of the shares of WasteMasters Republic Common Stock issuable pursuant to the terms of this Agreement has been registered under the Securities Act, (b) such shares must be held and the each Stockholder must continue to bear the economic risk of the investment in the shares of WasteMasters Republic Common Stock issuable to such Stockholder pursuant to the terms of this Agreement until such shares are subsequently registered under the Securities Act or an exemption from registration is available, (c) a restrictive legend in the form set forth in Section 1.5(c) hereof shall be placed on the certificates representing the shares of WasteMasters Republic Common Stock issuable pursuant to the terms of this Agreement and (d) appropriate stop-transfer instructions shall be issued by WasteMasters, Inc. the Company to its stock transfer agent with respect to such shares; provided that such legend shall be removed and such stop-transfer instructions lifted when and as contemplated by Section 1.5(c) hereof.