Common use of Sale of Shares Pursuant to Section Clause in Contracts

Sale of Shares Pursuant to Section. 4(2) of the Securities Act. The parties hereto acknowledge and agree that the Merger Shares shall be issued and sold pursuant to the exemption available by Section 4(2) of the Securities Act and the rules and regulations promulgated thereunder including, without limitation, Regulation D, and also Regulation S under the Securities Act. As such, the Merger Shares, shall constitute "restricted securities" within the Securities Act. The certificates representing the Merger Shares shall bear the legends set forth in Section 2.4(k).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Fonix Corp), Agreement and Plan of Merger (Fonix Corp)

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Sale of Shares Pursuant to Section. 4(2) of the Securities Act. The ------------------------------------------------------------- parties hereto acknowledge and agree that the Merger Shares shall be issued and sold pursuant to the exemption available by Section 4(2) of the Securities Act and the rules and regulations promulgated thereunder including, without limitation, Regulation D, and also Regulation S under the Securities Act. As such, the Merger Shares, shall constitute "restricted securities" within the Securities Act. The certificates representing the Merger Shares shall bear the legends set forth in Section 2.4(k).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fonix Corp)

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Sale of Shares Pursuant to Section. 4(2) of the Securities Act. The parties Parties hereto acknowledge and agree that the Merger Shares shall be issued and sold pursuant to the exemption available by Section 4(2) of the Securities Act and the rules and regulations promulgated thereunder including, without limitation, Regulation D, and also Regulation S D promulgated under the Securities Act. As such, the Merger Shares, shall constitute "restricted securities" within the Securities Act. The certificates representing the Merger Shares shall bear the legends set forth in Section 2.4(k)) hereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dynatronics Corp)

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