Common use of Consultation With Professional Tax and Investment Advisors Clause in Contracts

Consultation With Professional Tax and Investment Advisors. The holder of this Option acknowledges that the grant, exercise, vesting or any payment with respect to this Option, and the sale or other taxable disposition of the shares of Stock acquired pursuant to the exercise thereof, may have tax consequences pursuant to the Code or under local, state or international tax laws. The holder further acknowledges that such holder is relying solely and exclusively on the holder's own professional tax and investment advisors with respect to any and all such matters (and is not relying, in any manner, on any Participating Company or any of its employees or representatives). Finally, the holder understands and agrees that any and all tax consequences resulting from the Option and its grant, exercise, vesting or any payment with respect thereto, and the sale or other taxable disposition of the shares of Stock acquired pursuant to the Plan, is solely and exclusively the responsibility of the holder without any expectation or understanding that any Participating Company or any of its employees or representatives will pay or reimburse such holder for such taxes or other items. ¨ Incentive Stock Option Participant: ¨ Nonstatutory Stock Option IsoRay, Inc. Attention: Chief Financial Officer ________________________ ________________________ Ladies and Gentlemen:

Appears in 2 contracts

Samples: Stock Option Agreement (IsoRay, Inc.), Stock Option Agreement (IsoRay, Inc.)

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Consultation With Professional Tax and Investment Advisors. The holder of this Option acknowledges that the grant, exercise, vesting or any payment with respect to this Option, and the sale or other taxable disposition of the shares of Stock acquired pursuant to the exercise thereof, may have tax consequences pursuant to the Code or under local, state or international tax laws. The holder further acknowledges that such holder is relying solely and exclusively on the holder's own professional tax and investment advisors with respect to any and all such matters (and is not relying, in any manner, on any Participating Company or any of its employees or representatives). Finally, the holder understands and agrees that any and all tax consequences resulting from the Option and its grant, exercise, vesting or any payment with respect thereto, and the sale or other taxable disposition of the shares of Stock acquired pursuant to the Plan, is solely and exclusively the responsibility of the holder without any expectation or understanding that any Participating Company or any of its employees or representatives will pay or reimburse such holder for such taxes or other items. ¨ Incentive Stock Option Participant: ¨ Nonstatutory Stock Option IsoRay, Inc. Attention: Chief Financial Officer ________________________ ________________________ Ladies and Gentlemen:

Appears in 1 contract

Samples: Stock Option Agreement (IsoRay, Inc.)

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Consultation With Professional Tax and Investment Advisors. The holder of this Option acknowledges that the grant, exercise, vesting or any payment with respect to this Option, and the sale or other taxable disposition of the shares of Stock acquired pursuant to the exercise thereof, may have tax consequences pursuant to the Code or under local, state or international tax laws. The holder further acknowledges that such holder is relying solely and exclusively on the holder's ’s own professional tax and investment advisors with respect to any and all such matters (and is not relying, in any manner, on any Participating Company or any of its employees or representatives). Finally, the holder understands and agrees that any and all tax consequences resulting from the Option and its grant, exercise, vesting or any payment with respect thereto, and the sale or other taxable disposition of the shares of Stock acquired pursuant to the Plan, is solely and exclusively the responsibility of the holder without any expectation or understanding that any Participating Company or any of its employees or representatives will pay or reimburse such holder for such taxes or other items. ¨ Incentive Stock Option Participant: ¨ Nonstatutory Stock Option IsoRayDate: Rivulet Media, Inc. Attention: Chief Financial Officer ________________________ ________________________ 1000 Xxxx Xxxxxx Xxxx, Xxxxx 000-X Xxxxxxx, Xxxxxxx 00000 Ladies and Gentlemen:

Appears in 1 contract

Samples: Stock Option Agreement (Rivulet Media, Inc.)

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