Tradability of Shares. The Shares to be issued to the Young Members have not been registered under the 1933 Act, nor registered under any state securities law, and are "restricted securities" as that term is defined in Rule 144 under the 1933 Act. The securities may not be offered for sale, sold or otherwixx xxxxsferred except pursuant to an effective registration statement under the 1933 Act or pursuant to an exemption from registration under the 1933 Act. The Shares will bear the following restrictive legend: "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED, OR HYPOTHECATED WITHOUT EITHER: i) REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND APPLICABLE STATE SECURITIES LAWS, or ii) SUBMISSION TO THE CORPORATION OF AN OPINION OF COUNSEL, SATISFACTORY TO THE CORPORATION THAT SAID SHARES AND THE TRANSFER THEREOF ARE EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933 AND APPLICABLE STATE SECURITIES LAWS."
Tradability of Shares. The parties acknowledge that if Fortis decides to pay any fees in shares of registered common stock, such shares shall be, upon issuance, freely tradable by Independent Contractor without restriction and shall be deemed earned by the Independent Contractor, and not subject to return to Fortis for any reason whatsoever.
Tradability of Shares. The Shares to be issued to FTA Shareholder as part of the Compensation have not been registered under the 1933 Act, nor registered under any state securities law, and are "restricted securities" as that term is defined in Rule 144 under the 0000 Xxx. The securities may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The Shares will bear the following restrictive legend:
Tradability of Shares. The Anti-Dilution Shares and the Purchased Shares have not been, and will not be, registered under the Securities Act, nor registered under any state securities law, and are “restricted securities” as that term is defined in Rule 144 under the Securities Act. The Anti-Dilution Shares and the Purchased Shares may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the Securities Act, or pursuant to an exemption from registration under the Securities Act. All of such Anti-Dilution Shares and the Purchased Shares will bear the following restrictive legend or a reasonable facsimile thereof:
Tradability of Shares. The shares of the Common Stock of the Company to be ---------------------- issued to the Creditor have not been registered under the 1933 Act, nor registered under any state securities law, and are "restricted securities" as that term is defined in Rule 144 under the 0000 Xxx. The securities may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The shares to be issued to the Creditor will bear an appropriate restrictive legend to this effect.
Tradability of Shares. The Shares and Warrants of the Company to be issued ---------------------- to the Creditor have not been registered under the 1933 Act, nor registered under any state securities law, and will be "restricted securities" as that term is defined in Rule 144 under the 1933 Act, until such time as the Registration provided by Section 2 herein has been affected. Until such time as the Registration is effective with the Commission, the securities may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The shares to be issued to the Creditor will bear an appropriate restrictive legend to this effect until such time as the Registration has been affected.
Tradability of Shares. The shares of the Common Stock of the TMDN to be issued to Lallouz, Wellikoff, and Omniscent have not been registered under the 1933 Act, nor registered under any state securities law, and are "restricted securities" as that term is defined in Rule 144 under the 1933 Act. The securitixx xxx xot be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The shares to be issued to Lallouz, Wellikoff and Omniscenx xxxx xxar an appropriate restrictive legend to this effect.
Tradability of Shares. The Shares to be issued to the Gulf Shareholders have not been registered under the 1933 Act, nor registered under any state securities law, and are "restricted securities" as that term is defined in Rule 144 under the 0000 Xxx. The securities may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The Shares will bear the following restrictive legend:
Tradability of Shares. The Shares to be issued to the Eco-Tek Shareholders have not been registered under the 1933 Act, nor registered under any state securities law, and are "restricted securities" as that term is defined in Rule 144 under the 0000 Xxx. The securities may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The Shares will bear the following restrictive legend:
Tradability of Shares. The Shares to be issued to the Principal have not been registered under the 1933 Act, nor registered under any state securities law, and are “restricted securities” as that term is defined in Rule 144 under the 0000 Xxx. The securities may not be offered for sale, sold or otherwise transferred except pursuant to an effective registration statement under the 1933 Act, or pursuant to an exemption from registration under the 1933 Act. The Shares will bear the following restrictive legend:
