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

Investment Intent; Capacity to Protect Interests. The Employee is purchasing the Stock solely for Employee’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 in any transaction other than a transaction exempt from registration under the Act. The Employee also represents that the entire legal and beneficial interests of the Stock is being purchased, and will be held, for the Employee’s account only, and neither in whole nor in part for any other person. Employee either has a preexisting business or personal relationship with the Corporation or its officers, directors or controlling persons, or, by reason of Employee’s business or financial experience or the business or financial experience of Employee’s professional advisors who are unaffiliated with and who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, is reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Corporation and to protect Employee’s own interests in connection with this transaction.

Appears in 2 contracts

Samples: Employee Restricted Stock Purchase Agreement (GrubHub Seamless Inc.), Employee Restricted Stock Purchase Agreement (GrubHub Seamless Inc.)

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Investment Intent; Capacity to Protect Interests. The Employee Investor is purchasing acquiring the Stock Shares solely for Employee’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 in any transaction other than a transaction exempt from registration under the ActSecurities Act of 1933, as amended (the "ACT"). The Employee Investor also represents that the entire legal and beneficial interests interest of the Stock Shares is being purchasedacquired by, and will be heldheld for, for the Employee’s Investor's account only, and neither in whole nor or in part for any other person. Employee The Investor either has a preexisting pre-existing business or personal relationship with the Corporation Company or any of its officers, directors or controlling persons, or, persons or by reason of Employee’s the Investor's business or financial experience experience, or the business or financial experience of Employee’s the Investor's professional advisors who are unaffiliated with and who are not compensated by the Corporation Company or any affiliate or selling agent of the CorporationCompany, directly or indirectly, is could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Corporation Company and to protect Employee’s the Investor's own interests in connection with this transaction.

Appears in 1 contract

Samples: Stock Issuance Agreement (Euphonix Inc \Ca\)

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

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Netobjects Inc)

Investment Intent; Capacity to Protect Interests. The Employee Purchaser is purchasing the Stock solely for Employee’s his 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 in any transaction other than a transaction exempt from registration under the Securities Act of 1933, as amended (the "Act"). The Employee Purchaser also represents that the entire legal and beneficial interests interest of the Stock is being purchased, and will be held, for the Employee’s Purchaser's account only, and neither in whole nor or in part for any other person. Employee Purchaser either has a preexisting pre-existing business or personal relationship with the Corporation Company or any of its officers, directors or controlling persons, or, persons or by reason of Employee’s Purchaser's business or financial experience or the business or financial experience of Employee’s Purchaser's professional advisors who are unaffiliated with and who are not compensated by the Corporation Company or any affiliate or selling agent of the CorporationCompany, directly or indirectly, is could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Corporation Company and to protect Employee’s Purchaser's own interests in connection with this transaction.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Sagent Technology Inc)

Investment Intent; Capacity to Protect Interests. The Employee Purchaser is purchasing the Stock solely for Employee’s 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 in any transaction other than a transaction exempt from registration under the Act. The Employee Purchaser also represents that the entire legal and beneficial interests interest of the Stock is being purchased, and will be held, for the Employee’s Purchaser's account only, and neither in whole nor in part for any other person. Employee Purchaser either has a preexisting business or personal relationship with the Corporation or any of its officers, directors or controlling persons, or, persons or by reason of Employee’s Purchaser's business or financial experience or the business or financial experience of Employee’s Purchaser's professional advisors who are unaffiliated with and who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, is could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Corporation and to protect Employee’s Purchaser's own interests in connection with this transaction.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Redwood Trust Inc)

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Investment Intent; Capacity to Protect Interests. The Employee Purchaser is purchasing the Stock solely for EmployeePurchaser’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 in any transaction other than a transaction exempt from registration under the Act. The Employee Purchaser also represents that the entire legal and beneficial interests interest of the Stock is being purchased, and will be held, for the EmployeePurchaser’s account only, and neither in whole nor in part for any other person. Employee Purchaser either has a preexisting business or personal relationship with the Corporation or any of its officers, directors or controlling persons, or, persons or by reason of EmployeePurchaser’s business or financial experience or the business or financial experience of EmployeePurchaser’s professional advisors who are unaffiliated with and who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, is could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Corporation and to protect EmployeePurchaser’s own interests in connection with this transaction.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Redwood Trust Inc)

Investment Intent; Capacity to Protect Interests. The Employee Purchaser is purchasing the Stock solely for Employeethe 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 in any transaction other than a transaction exempt from registration under the Act. The Employee Purchaser also represents that the entire legal and beneficial interests interest of the Stock is being purchased, and will be held, for the EmployeePurchaser’s account only, and neither in whole nor in part for any other person. Employee The Purchaser either has a preexisting business or personal relationship with the Corporation or any of its officers, directors or controlling persons, or, persons or by reason of Employeethe Purchaser’s business or financial experience or the business or financial experience of Employeethe Purchaser’s professional advisors who are unaffiliated with and who are not compensated by the Corporation or any affiliate or selling agent of the Corporation, directly or indirectly, is could be reasonably assumed to have the capacity to evaluate the merits and risks of an investment in the Corporation and to protect Employeethe Purchaser’s own interests in connection with this transaction.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Redwood Trust Inc)

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