Common use of Investment Intentions and Restrictions on Disposition Clause in Contracts

Investment Intentions and Restrictions on Disposition. Such ----------------------------------------------------- Seller is acquiring the Class B Common Stock solely for such Seller's own account for investment and not with a view to, or for sale in connection with, any distribution thereof. Such Seller agrees that such Seller will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the shares of Class B Common Stock (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any of the Class B Common Stock) except in compliance with the Act, and Stockholders' Agreement. Such Seller further understands, acknowledges and agrees that none of the Class B Common Stock may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of the Stockholders' Agreement shall have been complied with and (ii) unless such disposition is pursuant to an effective registration statement under the Act and is exempt from (or in compliance with) applicable state securities laws, or is exempt from the provisions of Section 5 of the Act and is exempt from (or in compliance with) applicable state securities laws.

Investment Intentions and Restrictions on Disposition. Such Seller ----------------------------------------------------- Seller is acquiring the Class B Common Stock solely for such Seller's own account for investment and not with a view to, or for sale in connection with, any distribution thereof. Such Seller agrees that such Seller will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the shares of Class B Common Stock (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any of the Class B Common Stock) except in compliance with the Act, and Stockholders' Agreement. Such Seller further understands, acknowledges and agrees that none of the Class B Common Stock may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of the Stockholders' Agreement shall have been complied with and (ii) unless such disposition is pursuant to an effective registration statement under the Act and is exempt from (or in compliance with) applicable state securities laws, or is exempt from the provisions of Section 5 of the Act and is exempt from (or in compliance with) applicable state securities laws.