Investment Representations Legends and Agreements. 10. (a) The Optionor may require the Optionee, as a condition of exercising such Option, to give written assurances in substance and form satisfactory to the Optionor to the effect that such Optionee is acquiring the Optioned Shares subject to the Option for his or her own account for investment and not with any present intention of selling or otherwise distributing the same, and to such other effects as the Optionor deems necessary or appropriate in order to comply with federal and applicable state or provincial securities laws, including the Securities Act (Ontario) and the United States Securities Act of 1933, both as amended (all such legislation, regulations, and rules made thereunder, “Applicable Laws”), or with covenants or representations made by the Optionor in connection with any public offering of its common shares. The Optionee represents warrants and covenants that:
Investment Representations Legends and Agreements
