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 Shareholder 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 1.6(f). It is acknowledged and understood that Acquiror is relying on certain written representations made by Target Shareholder.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Autoinfo Inc), Agreement and Plan of Reorganization (Wachtel Harry M)

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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 Shareholder 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 1.6(f2.6(i). It is acknowledged Target will use its best efforts to cause each Target shareholder to execute and understood that deliver to Acquiror is relying on certain written representations made by Target Shareholderan 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 (Digitalpreviews Com Inc), Agreement and Plan of Reorganization (Intraop Medical Corp)

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