Agreements of the Subscriber. The Subscriber hereby agrees as follows: (a) This offer may be accepted or rejected, in whole or in part, in the sole discretion of the Corporation. (b) Any Common Stock acquired pursuant to this offer will not be sold or otherwise transferred: (i) without the prior written consent of the Corporation, which consent shall be conditioned on receipt of an opinion of counsel reasonably satisfactory to the Corporation to the effect that such proposed transfer is being made pursuant to the registration requirements of the Securities Act or pursuant to an exemption therefrom and complies in all respects with any applicable state securities or “Blue Sky” laws, or (ii) without registration under the Securities Act of 1933 and applicable state securities or “Blue Sky” laws. (c) In the event the subscription is not accepted, any money tendered will be refunded in full without interest and without deduction within a reasonable period of time. (d) In the event the subscription in this Agreement is accepted by the Corporation:
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Agreements of the Subscriber. The Subscriber hereby agrees as follows:
(a) This offer may be accepted or rejected, in whole or in part, in the sole discretion of the CorporationCompany.
(b) Any Common Stock acquired pursuant to this offer will not be sold or otherwise transferred: (i) without the prior written consent of the CorporationCompany, which consent shall be conditioned on receipt of an opinion of counsel reasonably satisfactory to the Corporation Company to the effect that such proposed transfer is being made pursuant to the registration requirements of the Securities Act or pursuant to an exemption therefrom and complies in all respects with any applicable state securities or “Blue Sky” laws, or (ii) without registration under the Securities Act of 1933 and applicable state securities or “Blue Sky” laws.
(c) In the event the subscription is not accepted, any money tendered will be refunded in full without interest and without deduction within a reasonable period of time.
(d) In the event the subscription in this Agreement is accepted by the Corporationaccepted:
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Sources: Subscription Agreement (American Education Center, Inc.)