Conditions and Limitations. The Company, in its discretion, may file a registration statement on Form S-8 under the Securities Act of 1933 to register shares of Common Stock reserved for issuance under the Plan. At any time at which such a registration statement is not in effect, it shall be an additional condition precedent to any exercise of this Option that the Holder shall deliver to the Company a customary “investment letter” satisfactory to the Company and its counsel in which, among other things, the Holder shall state that the Holder is purchasing the shares for investment and acknowledges that they are not freely transferable except in compliance with state and federal securities laws.
Appears in 6 contracts
Samples: Non Statutory Stock Option Agreement (Color Kinetics Inc), Incentive Stock Option Agreement (Color Kinetics Inc), Non Statutory Stock Option Agreement (Color Kinetics Inc)
Conditions and Limitations. The Company, in its discretion, may file a registration statement on Form S-8 under the Securities Act of 1933 to register shares of Common Stock reserved for issuance under the Plan. At any time at which such a registration statement is not in effect, it shall be an additional condition precedent to any exercise of this Option that the Holder shall deliver to the Company a customary “"investment letter” " satisfactory to the Company and its counsel in which, among other things, the Holder shall state that the Holder is purchasing the shares for investment and acknowledges that they are not freely transferable except in compliance with state and federal securities laws.
Appears in 4 contracts
Samples: Non Statutory Stock Option Agreement (Markland Technologies Inc), Non Statutory Stock Option Agreement (Color Kinetics Inc), Incentive Stock Option Agreement (Color Kinetics Inc)
Conditions and Limitations. The Company, in its discretion, may file a registration statement on Form S-8 under the Securities Act of 1933 to register shares of Common Stock reserved for issuance under the Plan. At any time at which such a registration statement is not in effect, it shall be an additional condition precedent to any exercise of this Option option that the Holder shall deliver to the Company a customary “"investment letter” " satisfactory to the Company and its counsel in which, among other things, the Holder shall state that the Holder is purchasing the shares for investment and acknowledges that they are not freely transferable except in compliance with state and federal securities laws.
Appears in 3 contracts
Samples: Employment Agreement (Able Laboratories Inc), Employment Agreement (Able Laboratories Inc), Incentive Stock Option Agreement (Plymouth Rubber Co Inc)
Conditions and Limitations. The Company, in its discretion, may file a registration statement on Form S-8 under the Securities Act of 1933 1933, as amended (the "Securities Act") to register shares of Common Stock reserved for issuance under the Planthis Option. At any time at which such a registration statement is not in effect, it shall be an additional condition precedent to any exercise of this Option option that the Holder shall deliver to the Company a customary “"investment letter” " satisfactory to the Company and its counsel in which, among other things, the Holder shall state that the Holder is purchasing the shares for investment and acknowledges that they are not freely transferable except in compliance with state and federal securities laws.
Appears in 2 contracts
Samples: Stock Option Agreement (Able Laboratories Inc), Stock Option Agreement (Able Laboratories Inc)
