Issuance and Delivery of the Shares. The Company hereby represents and warrants that (i) the Shares, when issued by the Company pursuant to Section 1, have been duly authorized and, when issued in compliance with the provisions of this Agreement, will be validly issued, fully paid and nonassessable and assuming the accuracy of the representations made by the Holder in this agreement, the issuance by the Company of the Shares, when issued by the Company pursuant to Section 1, are exempt from registration under the Securities Act.
Appears in 5 contracts
Samples: Voluntary Conversion Agreement, Voluntary Conversion Agreement (Hc2 Holdings, Inc.), Voluntary Conversion Agreement (Hc2 Holdings, Inc.)