Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 10 contracts
Samples: Director Option Agreement (Enel Societa Per Azioni), Director Option Agreement (Synplicity Inc), Director Option Agreement (McClatchy Co)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 8 contracts
Samples: Director Option Agreement (Avistar Communications Corp), Stock Option Agreement (Realnetworks Inc), Director Option Agreement (Netiq Corp)
Federal Restrictions on Transfer. Optionee understands that the -------------------------------- Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 6 contracts
Samples: Stock Option Agreement (Avanex Corp), Director Option Agreement (Natus Medical Inc), Director Option Agreement (Clearcommerce Corp)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer the Shares in the amounts or at the times proposed by Optionee.
Appears in 4 contracts
Samples: Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "“1933 Act"”), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 4 contracts
Samples: Director Option Agreement (Intraware Inc), Director Option Agreement (Artisan Components Inc), Director Option Agreement (Symmetricom Inc)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed desired by Optionee.
Appears in 2 contracts
Samples: Outside Director First Option Agreement (Endocare Inc), Outside Director Subsequent Option Agreement (Endocare Inc)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities 1933 Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, available and that the certificate(s) representing the Shares may will bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares Shares, and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 2 contracts
Samples: Stock Option Grant (NovaBay Pharmaceuticals, Inc.), Stock Option Grant (NovaBay Pharmaceuticals, Inc.)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "“1933 Act"”), or unless an exemption from such the registration requirements of the 1933 Act is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Broadway Financial Corp \De\)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration registraton is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by the Optionee.
Appears in 1 contract
Samples: Director Option Agreement (Mission Critical Software Inc)
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 “Securities Act"”), or unless an exemption from such the registration requirements of the Securities Act is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not to permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 1 contract
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "1933 Act"), or unless an exemption from such registration is available, and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 1 contract
Federal Restrictions on Transfer. Optionee understands that the Shares -------------------------------- must be held indefinitely unless they are registered under the Securities Act of 1933, as amended (the "“1933 Act"), ”) or unless an exemption from such registration is available, available and that the certificate(s) representing the Shares may bear a legend to that effect. Optionee understands that the Company is under no obligation to register the Shares and that an exemption may not be available or may not permit Optionee to transfer Shares in the amounts or at the times proposed by Optionee.
Appears in 1 contract
