Securities Covenants. VPI shall meet the current public information requirements of Rule 144, promulgated by the SEC, for the two-year period following the Closing Date. In addition, unless otherwise advised by counsel, VPI agrees that it will promptly remove the restricted stock legend from the VPI Stock received by the STOCKHOLDERS pursuant to this Agreement when the restrictions against transfer under applicable securities laws have lapsed.
Appears in 10 contracts
Samples: Merger Agreement (Vacation Properties International Inc), Merger Agreement (Vacation Properties International Inc), Merger Agreement (Vacation Properties International Inc)
Securities Covenants. VPI shall meet the current public information requirements of Rule 144, promulgated by the SEC, for the two-year period following the Closing Date. In addition, unless otherwise advised by counsel, VPI agrees that it will promptly remove the restricted stock legend from the VPI Stock received by the STOCKHOLDERS STOCKHOLDER pursuant to this Agreement when the restrictions against transfer under applicable securities laws have lapsed.
Appears in 1 contract
Samples: Agreement and Plan of Organization (Vacation Properties International Inc)