Purchase of Restricted Securities for Investment. The Top Favour Shareholders each acknowledge that the Ableauctions Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Ableauctions Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Ableauctions Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Top Favour Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each Top Favour Shareholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The BBC Shareholders each acknowledge that the Pubco Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Pubco Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Pubco Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each BBC Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each BBC Shareholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. Each Priveco Stockholder acknowledges that the Exchange Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Exchange Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Exchange Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Priveco Stockholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each Priveco Stockholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. Each Priveco Noteholder acknowledges that the Conversion Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Conversion Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Conversion Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Priveco Noteholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each Priveco Noteholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The Enerkon Florida Shareholder acknowledges that the Enerkon Nevada Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Enerkon Nevada Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Enerkon Nevada Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Enerkon Florida Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, the Enerkon Florida Shareholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The Tonix Shareholders each acknowledge that the Pubco Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Pubco Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Pubco Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Tonix Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each Tonix Shareholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The Shareholder acknowledges that the Company Stock will not be registered pursuant to the Securities Act or any other applicable securities laws. Further, the Shareholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The Warrantholders each acknowledge that the T3 Motion Shares will not be registered pursuant to the Securities Act of 1933, as amended (“Securities Act”) or any applicable state securities laws, that the T3 Motion Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the T3 Motion Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Warrantholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each Warrantholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The AEC New York Shareholder each acknowledge that the AEC Nevada Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the AEC Nevada Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the AEC Nevada Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each AEC New York Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each AEC New York Shareholder acknowledges and agrees that:
Purchase of Restricted Securities for Investment. The Jintai HK Shareholders each acknowledge that the Jintai Delaware Shares will not be registered pursuant to the Securities Act or any applicable state securities laws, that the Jintai Delaware Shares will be characterized as “restricted securities” under federal securities laws, and that under such laws and applicable regulations the Jintai Delaware Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom. In this regard, each Jintai HK Shareholder is familiar with Rule 144 promulgated under the Securities Act, as currently in effect, and understands the resale limitations imposed thereby and by the Securities Act. Further, each Jintai HK Shareholder acknowledges and agrees that:
