No Registration of the Shares. The Holder understands that the conversion of the Indebtedness to the Shares has not been registered with the Securities and Exchange Commission (the “Commission”) pursuant to the Securities Act of 1933, as amended (the “Act”), because of that certain exemption from the registration and prospectus delivery requirements of the Act specified by the provisions of Section 3(a)(9) of the Act. The Holder understands that the Holder has no right to require that the Shares be registered or qualified with any securities commission, regulator, administrator, or similar authority of any jurisdiction. The Holder is aware that the Company has no obligation to assist the Holder in obtaining any exemption from any registration or qualification requirements imposed by applicable law or registering or qualifying the Shares in any jurisdiction. The Holder is aware that the Holder shall be responsible for compliance with all conditions on transfer imposed by the Commission or any securities administrator or similar authority of any state of province.
Appears in 3 contracts
Samples: Conversion Agreement (Source Gold Corp.), Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Grid Petroleum Corp.), Conversion Agreement (MICROELECTRONICS TECHNOLOGY Co)
No Registration of the Shares. The Holder understands Holders understand that the conversion of the Indebtedness to the Shares has not been registered with the Securities and Exchange Commission (the “Commission”) pursuant to the Securities Act of 1933, as amended (the “Act”), because of that certain exemption from the registration and prospectus delivery requirements of the Act specified by the provisions of Section 3(a)(9) of the Act. The Holder understands Holders understand that the Holder has Holders have no right to require that the Shares be registered or qualified with any securities commission, regulator, administrator, or similar authority of any jurisdiction. The Holder is Holders are aware that the Company has no obligation to assist the Holder Holders in obtaining any exemption from any registration or qualification requirements imposed by applicable law or registering or qualifying the Shares in any jurisdiction. The Holder is Holders are aware that the Holder Holders shall be responsible for compliance with all conditions on transfer imposed by the Commission or any securities administrator or similar authority of any state of province.
Appears in 2 contracts
Samples: Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Pleasant Kids, Inc.), Agreement for Conversion of Indebtedness to Series B Voting Preferred Stock (Pleasant Kids, Inc.)
