Common use of No Shareholder Rights; Representations and Agreements Upon Issuance Clause in Contracts

No Shareholder Rights; Representations and Agreements Upon Issuance. This Note shall not entitle the Holder to any voting rights or other rights as a stockholder of the Parent, or to any other rights whatsoever except the rights herein expressed and such as are set forth, and no dividends shall be payable or accrue in respect of this Note or the interest represented hereby or the Parent Stock purchasable hereunder until or unless, and except to the extent that, the outstanding principal amount hereof and any accrued interest due thereon shall be converted. No shares of Parent Stock can or will be issued upon conversion until the Holder becomes a party to a Shareholders' Agreement in the form required by the Parent and gives appropriate investment representations concerning knowledge about the investment and acknowledgments of any applicable restrictions on transferability.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Us Legal Support Inc), Employment Agreement (Us Legal Support Inc), Employment Agreement (Us Legal Support Inc)

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No Shareholder Rights; Representations and Agreements Upon Issuance. This Note shall not entitle the Holder to any voting rights or other rights as a stockholder of the Parent, or to any other rights whatsoever except the rights herein expressed and such as are set forth, and no dividends shall be payable or accrue in respect of this Note or the interest represented hereby or the Parent Stock purchasable hereunder until or unless, and except to the extent that, the outstanding principal amount hereof and any accrued interest due thereon shall be converted. No shares of Parent Stock can or will be issued upon conversion until the Holder becomes a party to a Shareholders' Agreement in the form required by the Parent and gives appropriate investment representations concerning knowledge about the investment and acknowledgments of any applicable restrictions on transferability.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Us Legal Support Inc), Contingent Stock Pledge Agreement (Us Legal Support Inc), Stock Purchase Agreement (Us Legal Support Inc)

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