Common use of GRANTEE’S REPRESENTATIONS AND WARRANTIES Clause in Contracts

GRANTEE’S REPRESENTATIONS AND WARRANTIES. Grantee represents and warrants that: (a) such Grantee has not and will not, directly or indirectly, Transfer any Award Shares except in accordance with the terms of this Agreement; (b) such Grantee has, or such Grantee together with such Grantee’s advisors, if any, have such knowledge and experience in financial, business and tax matters that such Grantee is, or such Grantee together with such Grantee’s advisors, if any, are capable of evaluating the merits and risks relating to such Grantee’s investment in the Award Shares and making an investment decision with respect to the Company; (c) such Grantee has been given the opportunity to obtain information and documents relating to the Company and to ask questions of and receive answers from representatives of the Company concerning the Company and such Grantee’s investment in the Award Shares; and (d) such Grantee realizes that there are substantial risks incident to an investment in the Award Shares.

Appears in 11 contracts

Samples: Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp)

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GRANTEE’S REPRESENTATIONS AND WARRANTIES. Grantee represents and warrants that: (a) such Grantee has not and will not, directly or indirectly, Transfer any Award Shares Performance Units except in accordance with the terms of this Agreement; (b) such Grantee has, or such Grantee together with such Grantee’s advisors, if any, have such knowledge and experience in financial, business and tax matters that such Grantee is, or such Grantee together with such Grantee’s advisors, if any, are capable of evaluating the merits and risks relating to such Grantee’s investment in the Award Shares Performance Units and making an investment decision with respect to the Company; (c) such Grantee has been given the opportunity to obtain information and documents relating to the Company and to ask questions of and receive answers from representatives of the Company concerning the Company and such Grantee’s investment in the Award SharesPerformance Units; and (d) such Grantee realizes that there are substantial risks incident to an investment in the Award SharesPerformance Units.

Appears in 8 contracts

Samples: Performance Unit Agreement (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp)

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GRANTEE’S REPRESENTATIONS AND WARRANTIES. Grantee represents and warrants that: (a) such Grantee has not and will not, directly or indirectly, Transfer any Award Shares except in accordance with the terms of this Agreement; (b) such Grantee has, or such Grantee together with such Grantee’s advisors, if any, have such knowledge and experience in financial, business and tax matters that such Grantee is, or such Grantee together with such Grantee’s advisors, if any, are capable of evaluating the merits and risks DAL:949754.4 relating to such Grantee’s investment in the Award Shares and making an investment decision with respect to the Company; (c) such Grantee has been given the opportunity to obtain information and documents relating to the Company and to ask questions of and receive answers from representatives of the Company concerning the Company and such Grantee’s investment in the Award Shares; and (d) such Grantee realizes that there are substantial risks incident to an investment in the Award Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Capstead Mortgage Corp)

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