No Transfer Restrictions. Subject to transfer restrictions required by applicable securities laws, there are no outstanding agreements, restrictions, contracts, commitments or demands of any character to which the Selling Stockholder is a party or of which the Selling Stockholder is aware which relate to or restrict the transfer of any of the Shares held by the Selling Stockholder. Upon consummation of the Transaction, the Purchaser will acquire good and marketable title to the Shares held by the Selling Stockholder, free and clear of all liens, pledges, claims, security interests, encumbrances, charges or restrictions of any kind, subject to transfer restrictions required by applicable securities laws.
Appears in 3 contracts
Sources: Restricted Stock Purchase Agreement (Authentic Teas Inc.), Restricted Stock Purchase Agreement (Authentic Teas Inc.), Restricted Stock Purchase Agreement (Authentic Teas Inc.)