Common use of Investment Covenant Clause in Contracts

Investment Covenant. I represent and agree that as a condition of this Option, the shares of Common Stock of the Corporation that I acquire under this option will be purchased for investment and not with a view for distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any government agency.

Appears in 3 contracts

Samples: Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc), Stock Option Grant Agreement (Safenet Inc), Nonqualified Stock Option Grant Agreement (Information Resource Engineering Inc)

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Investment Covenant. I represent and agree that as a condition of this Option, the shares of Common Stock of the Corporation that I acquire under this option will be purchased for investment and not with a view for toward distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any government agency.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc), Nonqualified Stock Option Grant Agreement (Nastech Pharmaceutical Co Inc)

Investment Covenant. I You represent and agree that as a condition to the exercise of this Option, the shares of Common Stock of the Corporation Company that I you acquire under this option Option will be purchased for investment and not with a view for distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, (the "Act") or any other applicable law, regulation or rule of any government governmental agency.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Information Resource Engineering Inc)

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Investment Covenant. I You represent and agree that as a condition to the exercise of this Option, the shares of Common Stock of the Corporation Company that I you acquire under this option Option will be purchased for investment and not with a view for distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, 1933 (the "Act") or any other applicable law, regulation or rule of any government governmental agency.

Appears in 1 contract

Samples: Nonstatutory Stock Option Award Agreement (Information Resource Engineering Inc)

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