Newly Formed Entity. The Company was organized solely for the purpose of effecting the transactions contemplated by the Merger Agreement and the other Transaction Documents, as of the Effective Time will have engaged in no activity other than in connection with such transactions. Investor recognizes that the Company was only recently formed and, accordingly, has no financial or operating history and that its investment in the Company is extremely speculative and involves a high degree of risk.
Appears in 5 contracts
Samples: Rollover Agreement, Rollover Agreement (Vector Capital III, L.P.), Rollover Agreement (Chen Robert I)
