Kings New York Rule 144 Sellers Representation Letter Non-Affiliate is a legal document that allows non-affiliate sellers to comply with Rule 144 under the Securities Act of 1933 when selling restricted securities. This letter serves as a representation of the seller's compliance with Rule 144 and aims to provide protection against potential violations. The Kings New York Rule 144 Sellers Representation Letter Non-Affiliate ensures that non-affiliate sellers are aware of and adhere to the specific requirements set forth by Rule 144. This rule imposes restrictions on the sale of securities that were acquired through private placements, employee stock option plans, or other non-public offerings. The letter outlines the key elements necessary for compliance, including the holding period, volume limitations, current public information requirement, and manner of sale restrictions. It serves as a formal written confirmation of the seller's intention to abide by these rules during the sale of restricted securities. Moreover, Kings New York may offer different variations or types of Rule 144 Sellers Representation Letter Non-Affiliate based on specific circumstances or additional requirements. These variations could include: 1. Kings New York Rule 144 Sellers Representation Letter Non-Affiliate — Private Placement: This version of the letter is tailored for non-affiliate sellers who acquired restricted securities through private placements or similar transactions. 2. Kings New York Rule 144 Sellers Representation Letter Non-Affiliate — Employee Stock Option Plans: This type of letter is designed for sellers who obtained restricted securities through employee stock option plans or equity-based compensation schemes. 3. Kings New York Rule 144 Sellers Representation Letter Non-Affiliate — Non-Public Offerings: This variation targets sellers who acquired restricted securities through non-public offerings that do not fall under private placements or employee stock option plans. Each type of Kings New York Rule 144 Sellers Representation Letter Non-Affiliate ensures that sellers have a comprehensive understanding of the relevant rules and requirements associated with the sale of restricted securities. It helps protect both the seller and potential buyers by ensuring that all transactions comply with applicable regulations.