Restrictions on Transfer of Securities. I understand that (i) there may be no market for the Common Stocks, (ii) the purchase of the Common Stocks is a long- term investment, (iii) the transferability of the Common Stocks is restricted, (iv) the Common Stocks may be sold by me only pursuant to registration under the Securities Act and State Laws, or an opinion of counsel that such registration is not required, and (v) the Company does not have any obligation to register the Common Stocks.
Appears in 3 contracts
Sources: Subscription Agreement, Subscription Agreement, Subscription Agreement