Restrictive Legend on Acquiror Common. Upon Closing the Sole Shareholder shall transfer the MSH Common to Acquiror solely in exchange for 9,670,500 shares of restricted, non-registered Acquiror Common, which are voting shares, pursuant to the terms and provisions hereof. Certificates evidencing such shares of Acquiror Common shall bear the following restrictive legend: The securities represented by this certificate have not been registered under the Securities Act of 1933, as amended, and may not be sold, transferred, pledged, hypothecated, or otherwise disposed of in the absence of (i) an effective registration statement for such securities under such act or (ii) an opinion of company counsel that such registration is not required.
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Samples: Acquisition Agreement (Americas Power Partners Inc), Acquisition Agreement (Oak Brook Capital Iii)
Restrictive Legend on Acquiror Common. Upon Closing Closing, the Sole Shareholder Shareholders shall transfer the MSH SBI Common to Acquiror solely in exchange for 9,670,500 an aggregate of 14,000,000 shares of restricted, non-registered Acquiror Common, which are voting shares, pursuant to the terms and provisions hereof. Certificates evidencing such shares of Acquiror Common shall bear the following restrictive legend: The securities represented by this certificate have not been registered under the Securities Act of 1933, as amended, and may not be sold, transferred, pledged, hypothecated, or otherwise disposed of in the absence of (i) an effective registration statement for such securities under such act or (ii) an opinion of company counsel that such registration is not required.
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Samples: Acquisition Agreement (Moneyflow Systems International Inc)
Restrictive Legend on Acquiror Common. Upon Closing the Sole Shareholder Shareholders shall transfer the MSH RSMI Common to Acquiror solely in exchange for 9,670,500 an aggregate of 3,750,000 shares of restricted, non-registered Acquiror Common, which are voting shares, pursuant to the terms and provisions hereof. Certificates evidencing such shares of Acquiror Common shall bear the following restrictive legend: The securities represented by this certificate have not been registered under the Securities Act of 1933, as amended, and may not be sold, transferred, pledged, hypothecated, or otherwise disposed of in the absence of (i) an effective registration statement for such securities under such act or (ii) an opinion of company counsel that such registration is not required.
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