Common use of Investment Intent; Capacity to Protect Interests Clause in Contracts

Investment Intent; Capacity to Protect Interests. Purchaser is purchasing the Stock solely for Purchaser's own account for investment and not with a view to or for sale in connection with any distribution of the Stock or any portion thereof and not with any present intention of selling, offering to sell or otherwise disposing of or distributing the Stock or any portion thereof. Purchaser also represents that the entire legal and beneficial interest of the Stock is being purchased, and will be held, for Purchaser's account only, and neither in whole or in part for any other person. Purchaser either (i) has a pre-existing business or personal relationship with the Company or at least one of its officers, directors or controlling persons, or (ii) by reason of Purchaser's business or financial experience (or the business or financial experience of Purchaser's professional advisors who are unaffiliated with and who are not compensated by the Company or any affiliate or selling agent of the Company, directly or indirectly), can be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Company and to protect Purchaser's own interests in connection with this transaction.

Appears in 11 contracts

Samples: Restricted Stock Purchase Agreement (Smartserv Online Inc), Security Agreement (Smartserv Online Inc), Agreement (Nanosys Inc)

AutoNDA by SimpleDocs

Investment Intent; Capacity to Protect Interests. Purchaser He or she is purchasing the Stock solely for Purchaser's his or her own account for investment and not with a view to or for sale in connection with any distribution of the Stock or any portion thereof and not with any present intention of selling, offering to sell or otherwise disposing of or distributing the Stock or any portion thereofthereof in any transaction other than a transaction exempt from registration under the Act. The Purchaser also represents that the entire legal and beneficial interest interests of the Stock is being purchased, and will be held, for the Purchaser's account only, and neither in whole or nor in part for any other person. Purchaser either (i) has a pre-existing preexisting business or personal relationship with the Company Corporation or at least one any of its officers, directors or controlling persons, persons or (ii) by reason of Purchaser's his or her business or financial experience (or the business or financial experience of Purchaser's his or her professional advisors who are unaffiliated with and who are not compensated by the Company Corporation or any affiliate or selling agent of the CompanyCorporation, directly or indirectly), can could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Company Corporation and to protect Purchaser's his or her own interests in connection with this transaction.

Appears in 3 contracts

Samples: Employee Stock Purchase Agreement (J Bird Music Group LTD), Restricted Stock Purchase Agreement (J Bird Music Group LTD), Employee Restricted Stock Purchase Agreement (J Bird Music Group LTD)

Investment Intent; Capacity to Protect Interests. Purchaser The Employee ------------------------------------------------ is purchasing the Stock Shares solely for Purchaser's his own account for investment and not with a view to or for sale in connection with any distribution of the Stock Shares or any portion thereof and not with any present intention of selling, offering to sell or otherwise disposing of or distributing the Stock Shares or any portion thereof. Purchaser The Employee also represents that the entire legal and beneficial interest of the Stock Shares is being purchased, and will be held, for Purchaserthe Employee's account only, and neither in whole or in part for any other person. Purchaser Employee either (i) has a pre-existing preexisting business or personal relationship with the Company or at least one any of its officers, directors or controlling persons, persons or (ii) by reason of PurchaserEmployee's business or financial experience (or the business or financial experience of PurchaserEmployee's professional advisors advisers who are unaffiliated with and who are not compensated by the Company or any affiliate or selling agent of the Company, directly or indirectly), can could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Company and to protect PurchaserEmployee's own interests in connection with this transaction.

Appears in 1 contract

Samples: Employee Restricted Stock Agreement (Balance Bar Co)

AutoNDA by SimpleDocs

Investment Intent; Capacity to Protect Interests. Purchaser is purchasing the Stock Shares solely for Purchaser's his own account for investment and not with a view to or for sale in connection with any distribution of the Stock Shares or any portion thereof and not with any present intention of selling, offering to sell or otherwise disposing of or distributing the Stock Shares or any portion thereofthereof in any transaction other than a transaction exempt from registration under the Act. Purchaser also represents that the entire legal and beneficial interest of the Stock Shares is being purchased, and will be held, for Purchaser's account only, and neither in whole or in part for any other person. Purchaser either (i) has a pre-existing business or personal relationship with the Company or at least one of its officers, directors or controlling persons, persons or (ii) by reason of Purchaser's business or financial experience (or the business or financial experience of Purchaser's professional advisors who are unaffiliated with and who are not compensated by the Company or any affiliate or selling agent of the Company, directly or indirectly), can could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Company and to protect Purchaser's own interests in connection with this transaction.

Appears in 1 contract

Samples: Employee Restricted Stock Purchase Agreement (Intelligent Controls Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.