Document ID: 15726

Text:
(ii) it may not sell or otherwise transfer the Shares, except pursuant to an effective registration under the Securities Act and in accordance with the Investor Rights Agreement, or in a transaction which, in the opinion of counsel reasonably satisfactory to the Company or the Investor, qualifies as an exempt transaction under the Securities Act and the rules and regulations promulgated thereunder; provided, however, that no opinion of counsel will be required if the sale or transfer of such shares is pursuant to Rule 144 promulgated under the Securities Act ( or any other similar rule or regulation of the SEC that may at any time permit the Company to sell its securities to the public without registration);

Named Entities:
21
22
Act
28
30
Shares
92
93
Regulation

Tokenized Text:
(
ii
)
it
may
not
sell
or
otherwise
transfer
the
Shares
,
except
pursuant
to
an
effective
registration
under
the
Securities
Act
and
in
accordance
with
the
Investor
Rights
Agreement
,
or
in
a
transaction
which
,
in
the
opinion
of
counsel
reasonably
satisfactory
to
the
Company
or
the
Investor
,
qualifies
as
an
exempt
transaction
under
the
Securities
Act
and
the
rules
and
regulations
promulgated
thereunder
;
provided
,
however
,
that
no
opinion
of
counsel
will
be
required
if
the
sale
or
transfer
of
such
shares
is
pursuant
to
Rule
144
promulgated
under
the
Securities
Act
(
or
any
other
similar
rule
or
regulation
of
the
SEC
that
may
at
any
time
permit
the
Company
to
sell
its
securities
to
the
public
without
registration
)
;