Grantee Representation. As a condition to the receipt of any shares of Stock hereunder, the Company may require a representation from the Grantee that the Stock is being acquired only for investment purposes and without any present intention to sell or distribute such shares.
Appears in 6 contracts
Samples: Restricted Stock Rights Award Agreement (Public Service Co of New Mexico), Restricted Stock Rights Award Agreement (Public Service Co of New Mexico), Restricted Stock Rights Award Agreement (PNM Resources Inc)
Grantee Representation. As a condition to the receipt of any shares of Stock hereunder, the Company may require a representation from the Grantee that the Stock is being acquired only for investment purposes and without any present intention to sell or distribute such shares.
Appears in 2 contracts
Samples: Performance Restricted Stock Rights Award Agreement (PNM Resources Inc), Performance Restricted Stock Rights Award Agreement (PNM Resources Inc)
