Common use of Restricted Shares Clause in Contracts

Restricted Shares. The Selling Shareholders acknowledge that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable securities laws.

Appears in 28 contracts

Samples: Share Exchange Agreement (Silverstar Mining Corp.), Share Exchange Agreement (Silverstar Mining Corp.), Share Exchange Agreement (T & G Apothecary Inc)

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Restricted Shares. The Selling Shareholders acknowledge Shareholder acknowledges that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable securities laws.

Appears in 5 contracts

Samples: Share Exchange Agreement (Narnia Corp.), Share Purchase and Exchange Agreement (Secure Luggage Solutions Inc.), Share Exchange Agreement (China Forest Energy Corp.)

Restricted Shares. The Selling Shareholders acknowledge Shareholder acknowledges that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will shall have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable securities laws.

Appears in 2 contracts

Samples: Share Exchange Agreement (China Wind Energy Inc.), Share Exchange Agreement (China Wind Energy Inc.)

Restricted Shares. The Selling Shareholders acknowledge that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable state or provincial securities laws.

Appears in 1 contract

Samples: Share Exchange Agreement (Kitcher Resources Inc.)

Restricted Shares. The Each of Xxxxxxxx and the Selling Shareholders acknowledge acknowledges that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable securities laws.

Appears in 1 contract

Samples: Share Exchange Agreement (Metasun Enterprises Inc)

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Restricted Shares. The Selling Shareholders acknowledge that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will shall have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, disposed of except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act Act, and in each case only in accordance with all applicable securities laws.

Appears in 1 contract

Samples: Share Exchange Agreement (Tropic International Inc.)

Restricted Shares. The Selling Shareholders acknowledge Pantera acknowledges that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable securities laws.

Appears in 1 contract

Samples: Share Purchase Agreement (Pantera Petroleum Inc.)

Restricted Shares. The Selling Shareholders acknowledge Shareholder acknowledges that the Pubco Shares issued pursuant to the terms and conditions set forth in this Agreement in exchange for the Priveco Shares will have such hold periods as are required under applicable securities laws and as a result may not be sold, transferred or otherwise disposed, except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in each case only in accordance with all applicable securities laws.

Appears in 1 contract

Samples: Share Exchange Agreement (Noble Quests Inc)

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