Non-Affiliate Status. The Seller represents and warrants that: (a) the Seller is not now, nor has the Seller been within the preceding three (3) months, an “affiliate” of the Company, as that term is defined in paragraph (a)(1) of Rule 144 under the Securities Act of 1933, as amended (“Rule 144”); and (b) the Seller has been the beneficial owner of the Shares, which were acquired and fully paid for, for a period of not less than six (6) months preceding the date of this representation letter as required by Rule 144, including any tacking of the holding period of prior holders permitted by Rule 144.
Appears in 4 contracts
Samples: Stock Purchase Agreement (China Information Technology, Inc.), Stock Purchase Agreement (China Information Technology, Inc.), Stock Purchase Agreement (China Information Technology, Inc.)
