Common use of PUBLICITY; SECURITIES LAWS Clause in Contracts

PUBLICITY; SECURITIES LAWS. The Seller and the Members acknowledge that the Buyer is a subsidiary of a publicly held company that is therefore subject to certain disclosure requirements under federal securities laws. The Seller, the Members and their representatives shall not directly or indirectly, make any public comment, statement or communication with respect to, or otherwise disclose or permit the disclosure of the existence of discussions regarding, the Agreement between the parties or any of the terms, conditions or other aspects of the Agreement. The Seller further understands that this Agreement represents information concerning the Buyer which has not been previously disclosed to the public and which may be material, all as determined in accordance with applicable laws, rules and regulations of the United States and the several states concerning securities (collectively, the "Securities Laws"). The Seller and the Members agree not to take any action in connection with this Agreement in violation of the Securities Laws, including but not limited to trading in the common stock of the Parent while in possession of material non-public information.

PUBLICITY; SECURITIES LAWS. The Seller Stockholders and the Members Company acknowledge that the Buyer Parent is a subsidiary of a publicly held company that is therefore subject to certain disclosure requirements under federal securities laws. The SellerStockholders, the Members Company and their representatives shall not directly or indirectly, make any public comment, statement or communication with respect to, or otherwise disclose or permit the disclosure of the existence of discussions regarding, the Agreement between the parties or any of the terms, conditions or other aspects of the Agreement. The Seller Stockholders further understands understand that this Agreement represents information concerning the Buyer Parent and BOL which has not been previously disclosed to the public and which may be material, all as determined in accordance with applicable laws, rules and regulations of the United States and the several states concerning securities (collectively, the "Securities Laws"). The Seller Stockholders and the Members Company agree not to take any action in connection with this Agreement in violation of the Securities Laws, including but not limited to trading in the common stock of the Parent while in possession of material non-public information.