Common use of Investment Intention Clause in Contracts

Investment Intention. The Purchaser represents and warrants that the Purchaser is acquiring the Shares solely for the Purchaser's own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser agrees that the Purchaser will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holding, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to Holding, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser it is acquiring the Shares solely for the Purchaser's its own account for investment and not with a view to or for sale in connection with any distribution thereof in any transaction or series of transactions that would be in violation of the securities laws of the United States or any state thereof. The Purchaser agrees that the Purchaser it will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "“Securities Act"”), and the rules and regulations of the Securities and Exchange Commission (the "“Commission"”) thereunder, and in compliance with applicable state and foreign securities or "“blue sky" ” laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of unless (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act Act, or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iiiii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser it is acquiring the Shares solely for the Purchaser's its own account for investment and not with a view to or for sale in connection with any distribution thereof in any transaction or series of transactions that would be in violation of the securities laws of the United States or any state thereof. The Purchaser agrees that the Purchaser it will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of unless (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act Act, or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iiiii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Such Purchaser is acquiring the Halter Shares solely for the Purchaser's his or her own account for investment and not with a view to or for sale in connection with any distribution thereof in any transaction or series of transactions that would be in violation of the securities laws of the United States or any state thereof. The Each Purchaser agrees that the Purchaser he or she will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Halter Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Halter Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Each Purchaser further understands, acknowledges and agrees that none of the Halter Shares may be transferred, sold, pledged, hypothecated hypothecate or otherwise disposed of unless (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) such disposition (including but not limited to any transfer, sale, pledge, hypothecation or other disposition of the Halter Shares by each Purchaser to any of his or her affiliates, or by any such affiliate to another such affiliate) is exempt from the provisions of Section 5 of the Securities Act and each Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and of counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iiiii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser is acquiring the Shares solely for the Purchaser's own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser agrees that the Purchaser will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws and foreign securities laws, if any. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless any transferee of the Purchaser shall have agreed in writing, pursuant to an instrument of assumption satisfactory in form and substance to Holding, to make the representations and warranties set forth in Section 3 hereof, other than Section 3(f), and to be bound by the provisions of Sections 4 3 through 8 5 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holding, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to Holding, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser he is acquiring the Shares solely for the Purchaser's his own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser agrees that the Purchaser he will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding Worldwide an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to HoldingWorldwide, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to HoldingWorldwide, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser Participant represents and warrants that the Purchaser Participant is acquiring the Series E Shares solely for the Purchaser's Participant’s own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser Participant agrees that the Purchaser Participant will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Series E Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Series E Shares), except in compliance with the Securities Act of 1933, as amended (the "“Securities Act"”), and the rules and regulations of the Securities and Exchange Commission (the "“Commission"”) thereunder, and in compliance with applicable state and foreign securities or "“blue sky" ” laws. The Purchaser Participant further understands, acknowledges and agrees that none of the Series E Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser Participant shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section section 5 of the Securities Act or Act, (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and disposition, or (iiiD) following a Qualified IPO, in an exempt transaction under Rule 144, (ii) unless such disposition is pursuant to registration under any applicable state or and foreign securities laws or an exemption therefromtherefrom and (iii) unless the applicable provisions of the Plan, this Agreement and the Securityholders Agreement shall have been complied with or have expired.

Investment Intention. The Purchaser Director represents and warrants that the Purchaser Director is acquiring the Shares solely for the PurchaserDirector's own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser Director agrees that the Purchaser Director will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities SECURITIES Act"), and the rules and regulations of the Securities and Exchange Commission (the "CommissionCOMMISSION") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser Director further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections 4 through 8 6 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser Director shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser is acquiring the Shares solely for the Purchaser's its own account for investment and not with a view to or for sale in connection with any distribution thereof in any transaction or series of transactions that would be in violation of the securities laws of the United States or any state thereof. The Purchaser agrees that the Purchaser it will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of unless (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act Act, or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iiiii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the -------------------- Purchaser is acquiring the Shares solely for the Purchaser's own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser agrees that the Purchaser will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections Section 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Securities and Exchange Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser is acquiring the Shares solely for the Purchaser's own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser agrees that the Purchaser will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations of the Securities and Exchange Commission (the "Commission") thereunder, and in compliance with applicable state and foreign securities or "blue sky" laws. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections 4 through 8 6 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser represents and warrants that the Purchaser is acquiring the Shares solely for the Purchaser's ’s own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser agrees that the Purchaser will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Shares), except in compliance with the Securities Act of 1933, as amended (the "“Securities Act"”), and the rules and regulations of the Securities and Exchange Commission (the "“Commission"”) thereunder, and in compliance with applicable state securities or “blue sky” laws and foreign securities or "blue sky" laws, if any. The Purchaser further understands, acknowledges and agrees that none of the Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections Section 4 through 8 hereof, inclusive, herein and the Shareholders Agreement shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section 5 of the Securities Act or (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and (iii) unless such disposition is pursuant to registration under any applicable state or foreign securities laws or an exemption therefrom.

Investment Intention. The Purchaser Participant represents and warrants that the Purchaser Participant is acquiring the Series F Shares solely for the Purchaser's Participant’s own account for investment and not with a view to or for sale in connection with any distribution thereof. The Purchaser Participant agrees that the Purchaser Participant will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of any of the Series F Shares (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of any Series F Shares), except in compliance with the Securities Act of 1933, as amended (the "“Securities Act"”), and the rules and regulations of the Securities and Exchange Commission (the "“Commission"”) thereunder, and in compliance with applicable state and foreign securities or "“blue sky" ” laws. The Purchaser Participant further understands, acknowledges and agrees that none of the Series F Shares may be transferred, sold, pledged, hypothecated or otherwise disposed of (i) unless the provisions of Sections 4 through 8 hereof, inclusive, shall have been complied with or have expired, (ii) unless (A) such disposition is pursuant to an effective registration statement under the Securities Act, (B) the Purchaser Participant shall have delivered to Holding the Company an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to Holdingthe Company, to the effect that such disposition is exempt from the provisions of Section section 5 of the Securities Act or Act, (C) a no-action letter from the Commission, reasonably satisfactory to Holdingthe Company, shall have been obtained with respect to such disposition and disposition, or (iiiD) following a Qualified IPO, in an exempt transaction under Rule 144, (ii) unless such disposition is pursuant to registration under any applicable state or and foreign securities laws or an exemption therefromtherefrom and (iii) unless the applicable provisions of the Plan, this Agreement and the Securityholders Agreement shall have been complied with or have expired.