Issuance Exemption. Either (i) the issuance of the Spin-Off Shares shall be exempt from registration under the Securities Act, or (ii) a Registration Statement registering the issuance of the Spin-Off Shares shall have been filed and declared effective by the SEC.
Appears in 2 contracts
Samples: Master Agreement (CMG Holdings, Inc.), Master Agreement (Audioeye Inc)
Issuance Exemption. Either (i) the issuance of the Spin-Off Shares shall be exempt from registration under the Securities Actregistration, or (ii) a Registration Statement registering the issuance of the Spin-Off Shares shall have been filed and declared effective by the SEC.
Appears in 2 contracts
Samples: Master Agreement (CMG Holdings, Inc.), Master Agreement (Audioeye Inc)