Common use of Securities Law Representations Clause in Contracts

Securities Law Representations. The STOCKHOLDERS acknowledge that the shares of VPI Stock to be delivered to the STOCKHOLDERS pursuant to this Agreement have not been registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The VPI Stock to be acquired by such STOCKHOLDERS pursuant to this Agreement is being acquired solely for their own respective accounts, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of it in connection with a distribution.

Securities Law Representations. The STOCKHOLDERS acknowledge that the shares of VPI Stock to be delivered to the STOCKHOLDERS pursuant to this Agreement have not been registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The VPI Stock to be acquired by such STOCKHOLDERS pursuant to this Agreement is being acquired solely for their own respective accounts, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of it in connection with a distribution.respective

Securities Law Representations. The STOCKHOLDERS acknowledge STOCKHOLDER acknowledges that the shares of VPI Stock to be delivered to the STOCKHOLDERS STOCKHOLDER pursuant to this Agreement have not been registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act. The VPI Stock to be acquired by such STOCKHOLDERS the STOCKHOLDER pursuant to this Agreement is being acquired solely for their his own respective accountsaccount, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of it in connection with a distribution.