Resale of Shares Permitted Sample Clauses

Resale of Shares Permitted. These Shares are not “restricted securities” under Rule 144 of the Securities Act and as a result, resales by you (assuming you are not an affiliate of the Company) are not subject to transfer restrictions under Rule 144, but resales may be subject to other applicable law. Although the Offering Circular has been filed with the SEC, to which this Subscription Agreement is attached as Exhibit 4.1, the Offering Circular does not include the same information that may be included in a registration statement under the Securities Act.
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Related to Resale of Shares Permitted

  • Sale of Shares The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term of this Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and of the laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions: Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered under the 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised by Fidelity Management & Research Company ("FMR") or any of its affiliates.

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