Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows: (a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws; (b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and (c) The Company shall have the authority to endorse upon the certificate or certificates representing the Shares covered by this Agreement such legends referring to the foregoing.
Appears in 7 contracts
Samples: Stock Units Award Agreement (Borgwarner Inc), Restricted Stock Agreement (Borgwarner Inc), Restricted Stock Agreement (Borgwarner Inc)
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate include stop-transfer orders, legends or certificates representing other restrictions relating to the Shares covered by this Agreement such legends referring to the foregoing.
Appears in 6 contracts
Samples: Stock Unit Award Agreement (Borgwarner Inc), Stock Unit Award Agreement (Phinia Inc.), Stock Unit Award Agreement (Phinia Inc.)
Acquisition of Shares For Investment Purposes Only. By accepting this Awardhis or her signature hereto, the Employee Director hereby agrees with the Company as follows:
(a) a. The Employee Director is acquiring the Shares shares of Stock covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares shares of the Stock in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) b. If any of the Shares shares of Stock covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shares shall be made by the Employee Director (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) c. The Company shall have the authority to endorse upon the certificate or certificates representing the Shares Stock covered by this Agreement such legends referring to the foregoingforegoing restrictions.
Appears in 6 contracts
Samples: Restricted Stock Agreement (Borgwarner Inc), Restricted Stock Agreement (Borgwarner Inc), Restricted Stock Agreement (Borgwarner Inc)
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate include stop-transfer orders, legends or certificates representing other restrictions relating to the Shares covered by this Agreement such legends referring to the foregoing.
Appears in 5 contracts
Samples: Restricted Stock Award Agreement (Borgwarner Inc), Restricted Stock Award Agreement (Borgwarner Inc), Restricted Stock Agreement (Phinia Inc.)
Acquisition of Shares For Investment Purposes Only. By accepting this Awardhis or her signature hereto, the Employee hereby agrees with the Company as follows:
(a) a. The Employee is acquiring the Shares shares of Stock covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares shares of the Stock in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) b. If any of the Shares shares of Stock covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) c. The Company shall have the authority to endorse upon the certificate or certificates representing the Shares Stock covered by this Agreement such legends referring to the foregoingforegoing restrictions.
Appears in 5 contracts
Samples: Restricted Stock Agreement (Borgwarner Inc), Restricted Stock Agreement (Borgwarner Inc), Restricted Stock Agreement (Borgwarner Inc)
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring shall acquire the Shares covered by this Award issuable with respect to the Performance Shares granted hereunder for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the such Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;.
(b) If any of Shares acquired with respect to the Performance Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any such other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate or certificates representing the Shares covered by this Agreement acquired hereunder such legends referring to the foregoing.
Appears in 4 contracts
Samples: Performance Share Award Agreement (Borgwarner Inc), Performance Share Award Agreement (Borgwarner Inc), Performance Share Award Agreement (Borgwarner Inc)
Acquisition of Shares For Investment Purposes Only. By accepting this Awardhis or her signature hereto, the Employee hereby Director xxxxxx agrees with the Company as follows:
(a) a. The Employee Director is acquiring the Shares shares of Stock covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares shares of the Stock in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) b. If any of the Shares shares of Stock covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shares shall be made by the Employee Director (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) c. The Company shall have the authority to endorse upon include such stop transfer orders, legends or other restrictions relating to the certificate or certificates representing the Shares covered by this Agreement such legends shares referring to the foregoingforegoing restrictions.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Phinia Inc.), Restricted Stock Agreement (Borgwarner Inc)
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring shall acquire the Shares covered by this Award issuable with respect to the Performance Stock Units granted hereunder for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the such Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;.
(b) If any of Shares acquired with respect to the Shares covered by this Award Performance Stock Units shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any such other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate include stop-transfer orders, legends or certificates representing other restrictions relating to the Shares covered by this Agreement such legends acquired hereunder referring to the foregoing.
Appears in 2 contracts
Samples: Performance Stock Units Award Agreement (Borgwarner Inc), Performance Stock Units Award Agreement (Borgwarner Inc)
Acquisition of Shares For Investment Purposes Only. By accepting this Awardhis or her signature hereto, the Employee hereby Director xxxxxx agrees with the Company as follows:
(a) a. The Employee Director is acquiring the Shares shares of Stock covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares shares of the Stock in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) b. If any of the Shares shares of Stock covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shares shall be made by the Employee Director (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) c. The Company shall have the authority to endorse upon the certificate or certificates representing the Shares Stock covered by this Agreement such legends referring to the foregoingforegoing restrictions.
Appears in 1 contract
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;; 4847-0319-6262.4
(b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate or certificates representing the Shares covered by this Agreement such legends referring to the foregoing.
Appears in 1 contract
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the such Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
; (b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
and (c) The Company shall have the authority to endorse upon the certificate include stop-transfer orders, legends or certificates representing other restrictions relating to the Shares covered by this Agreement such legends Award referring to the foregoing.
Appears in 1 contract
Samples: Performance Stock Unit Award Agreement (Phinia Inc.)
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the such Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon include stop-transfer orders, legends or other restrictions relating to the certificate or certificates representing the Awarded Shares covered by this Agreement such legends referring to the foregoing.
Appears in 1 contract
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the such Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations thereunder, or any applicable state securities or “blue sky” laws;
(b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate include stop-transfer orders, legends or certificates representing other restrictions relating to the Shares covered by this Agreement such legends Award referring to the foregoing.. NAI-1538254782v5
Appears in 1 contract
Acquisition of Shares For Investment Purposes Only. By accepting this Award, the Employee hereby agrees with the Company as follows:
(a) The Employee is acquiring the Shares covered by this Award for investment purposes only and not with a view to resale or other distribution thereof to the public in violation of the Securities Act of 1933, as amended (the “1933 Act”), and shall not dispose of any of the such Shares in transactions which, in the opinion of counsel to the Company, violate the 1933 Act, or the rules and regulations NAI-1539271955v1 thereunder, or any applicable state securities or “blue sky” laws;
(b) If any of the Shares covered by this Award shall be registered under the 1933 Act, no public offering (otherwise than on a national securities exchange, as defined in the Exchange Act) of any such Shares shall be made by the Employee (or any other person) under such circumstances that he or she (or any other such person) may be deemed an underwriter, as defined in the 1933 Act; and
(c) The Company shall have the authority to endorse upon the certificate include stop-transfer orders, legends or certificates representing other restrictions relating to the Shares covered by this Agreement such legends Award referring to the foregoing.
Appears in 1 contract
Samples: Performance Stock Unit Award Agreement (Phinia Inc.)