No State Registration. The HSI Stockholder understands that the Exchange Shares are not being registered under state securities laws on the basis that the issuance thereof is exempt as an offer and sale not involving a public offering in such state. The HSI Stockholder understands that reliance on such exemptions is predicated in part on the truth and accuracy of the HSI Stockholder's representations and warranties and those of other purchasers of Exchange Shares. The undersigned covenants not to sell, transfer or otherwise dispose of an Exchange Share unless such Exchange Share has been registered under the applicable state securities laws, or an exemption from registration is available.
Appears in 5 contracts
Samples: Exchange Agreement (Warp 9, Inc.), Exchange Agreement (Warp 9, Inc.), Exchange Agreement (Warp 9, Inc.)
