Common use of NO RIGHTS TO PURCHASE OR REGISTER STOCK Clause in Contracts

NO RIGHTS TO PURCHASE OR REGISTER STOCK. Excepting only (a) the shares of Provant Common Stock to be issued as Merger Shares and as merger consideration in the Additional Mergers, (b) the shares of Provant Common Stock to be sold in the IPO, and (c) the shares of Provant Common Stock to be issued pursuant to Provant Options under the Plan, no person, firm, or corporation has any written or oral agreement, option, warrant, call, understanding, commitment, or any right or privilege capable of becoming a binding agreement, for either the purchase of any shares of Provant Common Stock or the acquisition of shares of any other class of capital stock of Provant, and Provant has not otherwise agreed to issue or sell any shares of its capital stock and has no obligation to register any shares of Provant Common Stock under the Securities Act. Provant is not obligated directly, indirectly or contingently to purchase any shares of Provant Common Stock. No person, firm, or corporation has any written or oral agreement, option, warrant, call, understanding, commitment, or any right or privilege capable of becoming a binding agreement, for the purchase or other acquisition of any shares of capital stock of Acquisition or of any subsidiary of Provant that will be merged with an Additional Company, and neither Acquisition nor any such other subsidiary has otherwise agreed to issue or sell any shares of its capital stock or to register any shares of its capital stock under the Securities Act.

NO RIGHTS TO PURCHASE OR REGISTER STOCK. Excepting only (a) the shares of Provant Common Stock to be issued as Merger Shares and as merger consideration in the Additional Mergers, (b) the shares of Provant Common Stock to be sold in the IPO, and (c) the shares of Provant Common Stock to be issued pursuant to Provant Options under the Plan, no person, firm, or corporation has any written or oral agreement, option, warrant, call, understanding, commitment, or any right or privilege capable of becoming a binding agreement, for either the purchase of any shares of Provant Common Stock or the acquisition of shares of any other class of capital stock of Provant, and Provant has not otherwise agreed to issue or sell any shares of its capital stock and has no obligation to register any shares of Provant Common Stock under the Securities Act. Provant is not obligated directly, indirectly or contingently to purchase any shares of Provant Common Stock. No person, firm, or corporation has any written or oral agreement, option, warrant, call, understanding, commitment, or any right or privilege capable of becoming a binding agreement, for the purchase or other acquisition of any shares of capital stock of Acquisition or of any subsidiary of Provant that will be merged with an Additional Company, and neither Acquisition nor any such other subsidiary has otherwise agreed to issue or sell any shares of its capital stock or to register any shares of its capital stock under the Securities Act...