Common use of Investment Status Clause in Contracts

Investment Status. Lxxxxx Laser represents to the Company that it is purchasing the Company Common Stock for its own account, for investment only and not with a view to, or any present intention of, effecting a distribution of such securities or any part thereof except pursuant to a registration or an available exemption under applicable law. Lxxxxx Laser acknowledges that shares of the Company Common Stock have not been registered under the Securities Act or the securities laws of any state or other jurisdiction and cannot be disposed of unless they are subsequently registered under the Securities Act and any applicable state laws or exemption from such registration is available.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Raptor Networks Technology Inc), Stock Purchase Agreement (Lantis Laser Inc.)

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Investment Status. Lxxxxx Laser The Company represents to the Company that it is purchasing the Company Lxxxxx Common Stock for its own account, for investment only and not with a view to, or any present intention of, effecting a distribution of such securities or any part thereof except pursuant to a registration or an available exemption under applicable law. Lxxxxx Laser acknowledges that shares of the Company Common Stock have not been registered under the Securities Act or the securities laws of any state or other jurisdiction and cannot be disposed of unless they are subsequently registered under the Securities Act and any applicable state laws or exemption from such registration is available.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Raptor Networks Technology Inc), Stock Purchase Agreement (Lantis Laser Inc.)

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