Common use of RESTRICTIONS ON SALE OR TRANSFER OF MERGER STOCK Clause in Contracts

RESTRICTIONS ON SALE OR TRANSFER OF MERGER STOCK. LEGEND The shares of Merger Stock will not have been registered under the Securities Act or the blue sky laws of any state by reason of their contemplated issuance in a transaction exempt from the registration and prospectus delivery requirements of the Securities Act and of such state laws. Such shares may not be sold, transferred, or otherwise disposed of without registration under the Securities Act and such state laws or an exemption therefrom.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Bridgestreet Accommodations Inc), Agreement and Plan of Merger (Bridgestreet Accommodations Inc), Agreement and Plan of Merger (Bridgestreet Accommodations Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.