Investment Intent of Shareholders. Each shareholder of Green River represents and warrants to C/GRlP that the shares of C/GRIP being acquired pursuant to this Agreement are being acquired for his or her own account and for investment and not with a view to the public resale or distribution of such shares and further, acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (World Wide Energy Incorp)
Investment Intent of Shareholders. Each shareholder of Green River represents and warrants to C/GRlP GRIP that the shares of C/GRIP being acquired pursuant to this Agreement are being acquired for his or her own account and for investment and not with a view to the public resale or distribution of such shares and further, further acknowledges that the shares being issued have not been registered under the Securities Act and are "restricted securities" as that term is defined in Rule 144 promulgated under the Securities Act and must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available.
Appears in 1 contract
Sources: Reorganization Agreement (Worldwide E Commerce Inc)