Document ID: 13028

Text:
(h) Transfer or Sale. Each Buyer understands that (i) the Securities may not be offered for sale, sold, assigned or transferred unless (A) registered pursuant to the 1933 Act or (B) an exemption exists permitting such Securities to be sold, assigned or transferred without such registration; (ii) any sale of the Securities made in reliance on Rule 144 under the 1933 Act may be made only in accordance with the terms of Rule 144 under the 1933 Act and further, if Rule 144 under the 1933 Act is not applicable, any resale of the Securities under circumstances in which the seller (or the Person through whom the sale is made) may be deemed to be an underwriter (as that term is defined in the 1933 Act ) may require compliance with some other exemption under the 1933 Act or the rules and regulations of the SEC thereunder.

Named Entities:
36
37
Act
71
72
Regulation

Tokenized Text:
(
h
)
Transfer
or
Sale
.
Each
Buyer
understands
that
(
i
)
the
Securities
may
not
be
offered
for
sale
,
sold
,
assigned
or
transferred
unless
(
A
)
registered
pursuant
to
the
1933
Act
or
(
B
)
an
exemption
exists
permitting
such
Securities
to
be
sold
,
assigned
or
transferred
without
such
registration
;
(
ii
)
any
sale
of
the
Securities
made
in
reliance
on
Rule
144
under
the
1933
Act
may
be
made
only
in
accordance
with
the
terms
of
Rule
144
under
the
1933
Act
and
further
,
if
Rule
144
under
the
1933
Act
is
not
applicable
,
any
resale
of
the
Securities
under
circumstances
in
which
the
seller
(
or
the
Person
through
whom
the
sale
is
made
)
may
be
deemed
to
be
an
underwriter
(
as
that
term
is
defined
in
the
1933
Act
)
may
require
compliance
with
some
other
exemption
under
the
1933
Act
or
the
rules
and
regulations
of
the
SEC
thereunder
.