Common use of No Registration Obligation Clause in Contracts

No Registration Obligation. The Company will be under no obligation to register the Securities or to comply with any exemption available for sale of the Securities by the Employee without registration, and the Company is under no obligation to act in any manner so as to make Rule 144 promulgated under the Securities Act of 1933 available with respect to any sale of the Securities by the Employee.

Appears in 1 contract

Samples: Restricted Stock Agreement (Smart Online Inc)

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No Registration Obligation. The Company will be under no obligation to register the Securities or to comply with any exemption available for sale of the Securities by the Employee Grantee without registration, and the Company is under no obligation to act in any manner so as to make Rule 144 promulgated under the Securities Act of 1933 available with respect to any sale of the Securities by the EmployeeGrantee.

Appears in 1 contract

Samples: Restricted Stock Agreement (Smart Online Inc)

No Registration Obligation. The Company will be under no obligation to register the Securities or to comply with any exemption available for sale of the Securities by the Employee Director without registration, and the Company is under no obligation to act in any manner so as to make Rule 144 promulgated under the Securities Act of 1933 available with respect to any sale of the Securities by the EmployeeDirector.

Appears in 1 contract

Samples: Restricted Stock Agreement (Smart Online Inc)

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No Registration Obligation. The Company will be under no obligation to register the Securities or to comply with any exemption available for sale of the Securities by the Employee Director without registration, and the Company is under no obligation to act in any manner so as to make Rule 144 promulgated under the Securities Act of 1933 available with respect to any sale of the Securities by the EmployeeDirector.

Appears in 1 contract

Samples: Restricted Stock Agreement (Smart Online Inc)

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