Common use of Conditions upon Issuance of Option Clause in Contracts

Conditions upon Issuance of Option. As a condition to the exercise of the Option, the Company may require the Participant to (i) represent and warrant at the time of any such exercise that the shares of Stock are being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of legal counsel for the Company, such a representation is required by any relevant provision of law; and (ii) enter into a lock-up or similar agreement with the Company with respect to such shares prohibiting, for up to ninety (90) days, the disposition of such shares.

Conditions upon Issuance of Option. As a condition to the exercise of the Option, the Company may require the Participant Optionee to (i) represent and warrant at the time of any such exercise that the shares of Common Stock are is being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of legal counsel for the Company, such a representation is required by any relevant provision of law; and (ii) enter into a lock-up or similar agreement with the Company with respect to such shares prohibiting, for up to ninety (90) days, the disposition of such shares.

Conditions upon Issuance of Option. As a condition to the exercise of the Option, the Company may require the Participant Employee to (i) represent and warrant at the time of any such exercise that the shares of Stock Shares are being purchased only for investment and without any present intention to sell or distribute such shares Shares if, in the opinion of legal counsel for the Company, such a representation is required by any relevant provision of law; and (ii) enter into a lock-up or similar agreement with the Company with respect to such shares Shares prohibiting, for up to ninety (90) days, the disposition of such sharesShares.

Conditions upon Issuance of Option. As a condition to the exercise of the Option, the Company may require the Participant Optionee to (i) represent and warrant at the time of any such exercise that the shares of Common Stock are is being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of legal counsel for the Company, such a representation is required by any relevant provision of law; and (ii) enter into a lock-up or similar agreement with the Company with respect to such shares prohibiting, for up to ninety (90) 90 days, the disposition of such shares.

Conditions upon Issuance of Option. As a condition to the exercise of the Option, the Company may require the Participant Recipient to (i) represent and warrant at the time of any such exercise that the shares of Stock Shares are being purchased only for investment and without any present intention to sell or distribute such shares Shares if, in the opinion of legal counsel for the Company, such a representation is required by any relevant provision of law; and (ii) enter into a lock-up or similar agreement with the Company with respect to such shares Shares prohibiting, for up to ninety (90) 90 days, the disposition of such sharesShares.

Conditions upon Issuance of Option. As a condition to the exercise of the OptionOptions, the Company may require the Participant Recipient to (i) represent and warrant at the time of any such exercise that the shares of Stock Shares are being purchased or held only for investment and without any present intention to sell or distribute such shares Shares if, in the opinion of legal counsel for the Company, such a representation is required by any relevant provision of law; and (ii) enter into a lock-up or similar agreement with the Company with respect to such shares Shares prohibiting, for up to ninety (90) days, the disposition of such sharesShares.