Because immediately seems to promise more than it can deliver, you should omit it from your contracts for purposes of obligations and conditions. Use promptly instead. If you want a standard more demanding than promptly, specify a limit in days. Or combine the two standards—promptly, but in no event later than X days after …. One exception is where you’re seeking to express a real sense of urgency, as in If Service Provider detects any unauthorized use of a User’s account, Service Provider shall suspend that account immediately. (Adams on Contract Drafting)
The Disclosure of All Material Facts Rule. Although the limited offering exemption does not contain any specific requirements relating to the disclosure of specific facts to shareholders, it is illegal ""to offer or sell a security in this state or buy or offer to buy a security in this state by means of any written or oral communication which includes an untrue statement of a material fact or omits to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading. (Cal. Corp. Code § 25401.)" (How to Form Your Own California Corporation)
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