Common use of Sale of Shares Pursuant to Regulation D Clause in Contracts

Sale of Shares Pursuant to Regulation D. The parties hereto acknowledge and agree that the shares of Acquiror Common Stock issuable to the Target shareholders pursuant to Section 1.6 hereof shall constitute "restricted securities" within the Securities Act. The certificates of Acquiror Common Stock shall bear the legends set forth in Section 2.6(i). Target will use its best efforts to cause each Target shareholder to execute and deliver to Acquiror an Investor Status Questionnaire or similar document indicating each shareholder's accredited or non-accredited status.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Intraop Medical Corp), Agreement and Plan of Reorganization (Digitalpreviews Com Inc)

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Sale of Shares Pursuant to Regulation D. The parties hereto acknowledge and agree that the shares of Acquiror Common Stock issuable to the Target shareholders Shareholder pursuant to Section 1.6 hereof hereof, shall constitute "restricted securities" within the Securities Act. The certificates of Acquiror Common Stock shall bear the legends set forth in Section 2.6(i1.6(f). It is acknowledged and understood that Acquiror is relying on certain written representations made by Target will use its best efforts to cause each Target shareholder to execute and deliver to Acquiror an Investor Status Questionnaire or similar document indicating each shareholder's accredited or non-accredited statusShareholder.

Appears in 2 contracts

Samples: Merger Agreement (Wachtel Harry M), Merger Agreement (Autoinfo Inc)

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Sale of Shares Pursuant to Regulation D. The parties hereto acknowledge and agree that the shares of Acquiror Common Stock issuable to the Target shareholders pursuant to Section 1.6 hereof hereof, shall constitute "restricted securities" within the Securities Act. The certificates of Acquiror Common Stock shall bear the legends set forth in Section 2.6(i1.6(j). Target will use its best efforts to cause each Acquiror acknowledges that, notwithstanding the foregoing, that it is the parties' intention that such the Target shareholder to execute shall receive Acquiror Common Stock which may be publicly traded as soon as practicable after the Effective Time by the filing and deliver to Acquiror an Investor Status Questionnaire or similar document indicating each shareholder's accredited or non-accredited statuseffectiveness of the Registration Statement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Cybercash Inc)

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