Investment Intent; Restrictions on Transfer. (a) Optionee represents and agrees that if Optionee exercises this Option in whole or in part, Optionee will in each case acquire the Shares upon such exercise for the purpose of investment and not with a view to, or for resale in connection with, any distribution thereof; and that upon such exercise of this Option in whole or in part, Optionee shall furnish to the Company a written statement to such effect, satisfactory to the Company in form and substance.
Appears in 5 contracts
Samples: Employee Nonstatutory Stock Option Agreement (Heartland, Inc.), Employee Nonstatutory Stock Option Agreement (Solar Thin Films, Inc.), Nonstatutory Stock Option Agreement (National Investment Managers Inc.)
Investment Intent; Restrictions on Transfer. (a) Optionee represents and agrees that if Optionee exercises this Option in whole or in part, Optionee will in each case acquire the Shares upon such exercise for the purpose of investment and not with a view to, or for resale in connection with, any distribution thereof; and that upon such the exercise of this Option in whole or in part, Optionee (or any person or persons entitled to exercise this Option under the provisions of Sections 7 and 8 of this Award Agreement) shall furnish to the Company a written statement to such effect, satisfactory to the Company in form and substance.
Appears in 2 contracts
Samples: Award Agreement (WindTamer Corp), Award Agreement (WindTamer Corp)
Investment Intent; Restrictions on Transfer. (a) Optionee represents and agrees that if Optionee exercises this Option in whole or in part, Optionee will in each case acquire the Shares upon such exercise for the purpose of investment and not with a view to, or for resale in connection with, any distribution thereof; and that upon such the exercise of this Option in whole or in part, Optionee (or any person or persons entitled to exercise this Option under the provisions of Section 5 of this Agreement) shall furnish to the Company a written statement to such effect, satisfactory to the Company in form and substance.
Appears in 1 contract
Investment Intent; Restrictions on Transfer. (a) Optionee represents and agrees that if Optionee exercises this Option in whole or in part, Optionee will in each case acquire the Shares upon such exercise for the purpose of investment and not with a view to, or for resale in connection with, any distribution thereof; and that upon such exercise of this Option in whole or in part, Optionee (or any person or persons entitled to exercise this Option under the provisions of Sections 7 and 8 hereof) shall furnish to the Company a written statement to such effect, satisfactory to the Company in form and substance.and
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.)
