Common use of Secondary Market Trading Memorandum Clause in Contracts

Secondary Market Trading Memorandum. Until such time as the Public Securities are listed or quoted, as the case may be, on the New York Stock Exchange, the American Stock Exchange or Nasdaq National Market, the Company shall cause the Underwriters' legal counsel to deliver to the Underwriters at the times set forth below a written memorandum detailing those states in which Public Securities may be traded in non-issuer transactions under the Blue Sky laws of the fifty states ("Secondary Market Trading Memorandum"). The Secondary Market Trading Memorandum shall be delivered to the Underwriters on the Effective Date and on the first day of every calendar quarter thereafter. The Company shall pay to Underwriters' legal counsel a one-time fee of $5,000 for such services at the Closing.

Secondary Market Trading Memorandum. Until such time as the Public Securities are listed or quoted, as the case may be, on one of the following: the New York Stock Exchange, the American Stock Exchange or Nasdaq National Market, the Company shall cause the Underwriters' Underwriter's legal counsel to deliver to the Underwriters at the times set forth below Underwriter a written memorandum opinion detailing those states in which Public Securities may be traded in non-issuer transactions under the Blue Sky laws of the fifty states ("Secondary Market Trading Memorandum"). The Secondary Market Trading Memorandum shall be delivered ) and to update such memorandum and deliver same to the Underwriters Underwriter on a timely basis, but in any event on the Effective Date Date, and on the first day of every calendar quarter thereafter. The Company shall pay to Underwriters' the Underwriter's legal counsel a one-time fee of $5,000 for such services at the Closing.

Secondary Market Trading Memorandum. Until such time as the Public Securities are listed or quoted, as the case may be, on the New York Stock Exchange, the American Stock Exchange or Nasdaq National Market, the Company shall cause engage the Underwriters' legal counsel to deliver to the Underwriters and to the Company at the times set forth below a written memorandum opinion detailing those states in which Public Securities may be traded in non-issuer transactions under the Blue Sky laws of the fifty states ("Secondary Market Trading Memorandum"). The Secondary Market Trading Memorandum shall be delivered to the Underwriters and to the Company on the Effective Date and on the first day of every calendar quarter thereafter. The Company shall pay to Underwriters' legal counsel a one-time fee of $5,000 for such services at the Closing.