Examples of PEC Common Stock in a sentence
The PEC Common Stock is designated as a national market security on an inter-dealer quotation system by the National Association of Securities Dealers, Inc.
The undersigned understands and acknowledges that the foregoing representations and warranties will be relied upon by PEC in connection with the issuance of the PEC Common Stock, the PEC Warrant and the PEC Warrant Shares.
The undersigned understands that PEC has not registered the offer or sale of the PEC Common Stock or the PEC Warrant or the PEC Warrant Shares under the Securities Act of 1933, as amended (the "Act"), in reliance upon an exemption therefrom under Section 4(2) of the Act and the provisions of Regulation D promulgated thereunder.
The undersigned acknowledges that stop transfer instructions will be placed with PEC's transfer agent to restrict the resale, pledge, hypothecation or other transfer of the PEC Common Stock, the PEC Warrant and the PEC Warrant Shares.
The undersigned therefore acknowledges that in no event may he/she sell or otherwise transfer the PEC Common Stock, PEC Warrant or the PEC Warrant Shares without registration under the Act (see paragraph (g) below).
The undersigned acknowledges that, except as provided in the Registration Rights Agreement attached as Exhibit B to the Merger Agreement, PEC is under no obligation to register the PEC Common Stock or the PEC Warrant Shares for sale under the Act or to assist the undersigned in complying with any exemption from registration under the Act, or any state securities laws.
The undersigned represents that he will acquire the PEC Common Stock for his/her own account, with no intention to distribute or offer to distribute the same to others without registration under the Act, and understands that the issuance by PEC of the PEC Common Stock, the PEC Warrant and the PEC Warrant Shares will be predicated upon the undersigned's lack of such intention.
As of the date hereof, the authorized capital stock of PEC consists of 50,000,000 shares of common stock, par value $0.01 per share ("PEC Common Stock") and 1,000,000 shares of preferred stock, par value $0.01 per share ("PEC Preferred Stock").
For example, the 2000 Amendment required 160 restaurants operating by the end of 2005; Subway Russiahad 19.
No certificates representing fractional shares of PEC Common Stock shall be issued.