Common use of I know that the Tokens are restricted securities Clause in Contracts

I know that the Tokens are restricted securities. I understand that the Tokens are “restricted securities” in that the Company’s sale of the Tokens to me has not been registered under the Securities Act in reliance upon an exemption for non-public offerings. In this regard, I also understand and agree that: A. I must hold the Tokens indefinitely, unless any subsequent proposed resale by me is registered under the Securities Act, or unless an exemption from registration is otherwise available (such as Rule 144); and B. the Company is under no obligation to register any subsequent proposed resale of the Tokens by me.

I know that the Tokens are restricted securities. I understand that the Tokens are “restricted securities” in that the Company’s sale of the Tokens to me has not been registered under the Securities Act in reliance upon an exemption for non-public offerings. In this regard, I also understand and agree that: A. a. I must hold the Tokens indefinitely, unless any subsequent proposed resale by me is registered under the Securities Act, or unless an exemption from registration is otherwise available (such as Rule 144); and B. b. the Company is under no obligation to register any subsequent proposed resale of the Tokens by me.