Form Njbos-3 - Form Of Rescission Offer

Form NJBOS-3

Rev. 8/2008

NEW JERSEY BUREAU OF SECURITIES

INSTRUCTIONS FOR RESCISSION OFFERS

SUBJECT TO THE UNIFORM SECURITIES LAW (1997)

The following procedure should be utilized for offers to repurchase securities in accordance with

N.J.S.A. 49:3-71(g).

A. All required offering material should be prepared for each person to whom the offer will be

made. Pursuant to N.J.S.A. 49:3-60, any offer of a security in New Jersey, including a rescission

offer, must be registered or exempt under the New Jersey Uniform Securities Law (1997), or

must be a Federal covered security for which any required filing is made.

B. An offer to repurchase the unregistered securities should be prepared and mailed to each

person for whom the offer will be made. This offer may be made via the form letter on the

following page.

C. The issuer should retain in its records all documentation necessary to prove compliance with

N.J.S.A. 49:3-71(g).

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