Common use of Investment Intent at Exercise Clause in Contracts

Investment Intent at Exercise. In the event that common stock issued under this Agreement is not registered under the Act but an exemption is available which requires an investment representation or other representation, Optionee shall represent and agree at the time of exercise that the common stock being acquired upon exercising 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.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Cachet Financial Solutions, Inc.), Non Qualified Stock Option Agreement (Cachet Financial Solutions, Inc.), Non Qualified Stock Option Agreement (Medicalcv Inc)

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Investment Intent at Exercise. In If the event that common stock issued Common Shares under this Agreement is the Plan 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 common stock Common Shares being acquired upon exercising the this Option is 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.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Schwab Charles R), Nonstatutory Stock Option and Performance Unit Agreement (Schwab Charles Corp), Nonstatutory Stock Option Agreement (Schwab Charles Corp)

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Investment Intent at Exercise. In the event that common stock Common Stock issued under this Agreement is not registered under the 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 stock Common Stock being acquired upon exercising the this 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.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (K Tel International Inc)

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