Acquired Stock definition
Examples of Acquired Stock in a sentence
Purchaser will not offer or sell or otherwise dispose of any of the Acquired Stock so purchased in violation of the Securities Act or the Exchange Act.
Purchaser is purchasing the Acquired Stock for investment purposes and not with a view to offer or sale thereof in connection with any public distribution or in any other manner that would violate the Securities Act or the securities or blue sky laws of any state or of any foreign jurisdiction or require registration thereunder.
At the Closing, the Company shall deliver to Purchaser an irrevocable instruction letter to its transfer agent to issue to Purchaser a stock certificate representing all of the Acquired Stock (the "Instruction Letter").
All Acquired Stock shall be Restricted Securities and each certificate representing the Acquired Stock shall be stamped or otherwise imprinted with a legend in substantially the following form: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE.
The Purchaser understands that the offer and sale of the Acquired Stock has not been approved or disapproved by the SEC or any other Governmental Authority.