Common use of Investment Representation Clause in Contracts

Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock acquired upon vesting are being acquired for investment. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 29 contracts

Samples: Restricted Stock Units Agreement (MGM Resorts International), Employment Agreement (MGM Resorts International), Employment Agreement (MGM Resorts International)

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Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock Shares acquired upon vesting are being acquired for investment. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock Shares so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 19 contracts

Samples: Restricted Share Units Agreement (MGM Growth Properties Operating Partnership LP), Restricted Share Units Agreement (MGM Growth Properties Operating Partnership LP), Performance Share Units Agreement (MGM Growth Properties Operating Partnership LP)

Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock acquired upon vesting payment are being acquired for investment. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 5 contracts

Samples: Restricted Stock Units Agreement (MGM Resorts International), Restricted Stock Units Agreement (MGM Resorts International), Performance Share Units Agreement (MGM Resorts International)

Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock acquired upon vesting are being acquired for investmentinvestment and not with a view to the sale or distribution thereof. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (MGM Resorts International), Restricted Stock Units Agreement (MGM Resorts International), Restricted Stock Units Agreement (MGM Resorts International)

Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock Shares acquired upon vesting payment are being acquired for investment. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock Shares so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 3 contracts

Samples: Restricted Share Units Agreement (MGM Growth Properties Operating Partnership LP), Restricted Share Units Agreement (MGM Growth Properties Operating Partnership LP), Performance Share Units Agreement (MGM Growth Properties LLC)

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Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock acquired upon vesting exercise are being acquired for investment. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 3 contracts

Samples: Freestanding Stock Appreciation Right Agreement (MGM Resorts International), Freestanding Stock Appreciation Right Agreement (MGM Resorts International), Freestanding Stock Appreciation Right Agreement (MGM Resorts International)

Investment Representation. The Participant must, within five (5) days of demand by the Company furnish the Company an agreement satisfactory to the Company in which the Participant represents that the shares of Stock acquired upon vesting exercise are being acquired for investmentinvestment and not with a view to the sale or distribution thereof. The Company will have the right, at its election, to place legends on the certificates representing the shares of Stock so being issued with respect to limitations on transferability imposed by federal and/or state laws, and the Company will have the right to issue “stop transfer” instructions to its transfer agent.

Appears in 2 contracts

Samples: Freestanding Stock Appreciation Right Agreement (MGM Resorts International), Freestanding Stock Appreciation Right Agreement (MGM Resorts International)

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