Common use of Registration or Exemption Requirements Clause in Contracts

Registration or Exemption Requirements. The Purchaser further acknowledges and understands that the Shares may not be resold or otherwise transferred except in a transaction registered under the Securities Act or unless an exemption from such registration is available. The Purchaser understands that the certificate(s) evidencing the Shares will be imprinted with a legend in substantially the form set forth in Section 8.2.

Registration or Exemption Requirements. The Such Purchaser further acknowledges acknowledges, understands and understands agrees that the Shares being acquired on the date hereof may not be resold or otherwise transferred except in a transaction unless (i) they are registered or such registration is not required, and (ii) if the transfer is pursuant to an exemption from registration other than Rule 144 under the Securities Act or unless and, if the Company shall so request in writing, an exemption from such registration opinion of counsel reasonably satisfactory to the Company is availableobtained to the effect that the transaction is so exempt. The Purchaser understands that Company shall affix a legend to the certificate(s) evidencing the Shares will be imprinted with a legend in substantially to the form set forth in Section 8.2foregoing effect.

Registration or Exemption Requirements. The Purchaser further acknowledges and understands that the Shares may not be resold or otherwise transferred except in a transaction registered under the Securities Act or unless an exemption from such registration is available. The Purchaser understands that the certificate(s) evidencing the Shares will be imprinted with a legend in substantially the form set forth in Section 8.2.certificates evidencing

Registration or Exemption Requirements. The Purchaser further acknowledges and understands that the Shares may not be resold or otherwise transferred except in a transaction registered under the Securities Act or and applicable state securities laws unless an exemption from counsel to the Company shall advise the Company that such registration is availabletransfer may be effected without such registration. The Purchaser understands that until the certificate(s) Shares have been registered under the Securities Act and all applicable state securities laws, the certificates evidencing the Shares will be imprinted with a legend in substantially that prohibits the form set forth in Section 8.2transfer of the Shares.

Registration or Exemption Requirements. The Purchaser further ----------------------------------------- acknowledges and understands that the Shares may not be resold or otherwise transferred except in a transaction registered under the Securities Act or unless an exemption from such registration is available. The Purchaser understands that the certificate(s) evidencing the Shares will be imprinted with a legend in substantially the form set forth in Section 8.2.

Registration or Exemption Requirements. The Purchaser further acknowledges and understands that the Shares may not be resold or otherwise transferred except in a transaction registered under the Securities Act or unless an exemption from such registration is available. The Purchaser understands that the certificate(s) evidencing the Shares will be imprinted subject to restrictions on transfer in accordance with a the legend in substantially the form set forth in Section 8.24.2.