Common use of Investment Intent at Exercise Clause in Contracts

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, it shall be a condition of exercise of this Option that the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee Grantee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option the Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that If the sale of Shares under the Plan this Agreement is not registered under the Securities Act but an exemption is available which that requires an investment representation or other representation, the Optionee shall will represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the their sale or distribution thereofdistribution, and shall will make such any other representations as that are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act Act, but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that If the sale of Shares shares of Stock under the Plan is not registered under the Securities Act federal or state securities laws, but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares shares of Stock being acquired upon exercising exercise of this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that If the sale of Shares shares of Common Stock under the Plan is not registered under the Securities Act federal or state securities laws, but an exemption is available which requires an investment representation or other representation, the Optionee Participant shall represent and agree at the time of exercise that the Shares being acquired upon exercising exercise of this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan Agreement is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that If the sale of Shares shares of Common Stock under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan Stock issued upon exercise of the Options is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares Stock being acquired upon exercising this option are the Options is being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Option Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee Employee shall represent and agree at the time of exercise that the Option Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the 1997 Plan is not registered under the Securities Act but an exemption is available which requires an investment representation representations or other representationrepresentations, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option any exercise of the Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan this Agreement is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, as set forth in the form of Notice of Exercise and Agreement Concerning Shares at Exhibit "A", and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act of 1933, as amended (the “Securities Act”) but an exemption is available which requires an investment representation or other representation, the Optionee Participant shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of ----------------------------- any Shares under or the Plan Warrant is not registered under the Securities 1933 Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares or Warrant being acquired upon exercising this option the Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of the Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee Grantee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.are

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is ----------------------------- not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that If the sale of Shares under the Plan is are not registered under the Securities Act Act, but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which that requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is this Agreement are not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares Stock under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being Stock acquired upon exercising this option are the Option is being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option Agreement are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Common Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Common Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Option Shares under the Plan this Option Agreement is not registered under the Securities Act Act, but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Option Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan this Agreement is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereofthereof in violation of applicable securities laws, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan that might be received upon exercise of this Option is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are set forth in the Shareholders' Agreement or which are deemed necessary or appropriate by the Company and its counsel.or

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is are not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee Holder shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option warrant are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are set forth in the Shareholders' Agreement or which are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of Shares under the Plan this Warrant is not registered under the Securities Act but an exemption is available which requires an investment representation or other representation, the Optionee Holder shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.

Investment Intent at Exercise. In the event that the sale of ----------------------------- Shares under the Plan is not registered under the Securities Act Act, but an exemption is available which requires an investment representation or other representation, it shall be a condition of exercise of this Option that the Optionee shall represent and agree at the time of exercise that the Shares being acquired upon exercising this option Option are being acquired for investment, and not with a view to the sale or distribution thereof, and shall make such other representations as are deemed necessary or appropriate by the Company and its counsel.