Common use of Investment Requirement Clause in Contracts

Investment Requirement. The Employee hereby agrees to purchase any shares by exercise of the Option for investment purposes only and not to resell any such shares in any 1. manner violating the Securities Act of 1933 (the "ACT"), as amended, any rules promulgated thereunder, or any applicable state statute. Employee hereby confirms that he has been advised of and understands the restrictions on resale of stock by virtue of Rule 144 promulgated under the Act. This restriction or notice thereof shall be placed upon the certificate representing any shares purchased.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Horizon Organic Holding Corp)

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Investment Requirement. The Employee Xxxxxxxx hereby agrees to purchase any shares ---------------------- by exercise of the Option for investment purposes only and not to resell any such shares in any 1. any manner violating the Securities Act of 1933 (the "ACT")1933, as amended, any rules promulgated thereunder, or any applicable state statute. Employee Xxxxxxxx hereby confirms that he has been advised of and understands the restrictions on resale of stock by virtue of Rule 144 promulgated under the ActSecurities Act of 1933. This restriction or notice thereof shall be placed upon the certificate representing any shares purchased.

Appears in 1 contract

Samples: Stock Option Agreement (Horizon Organic Holding Corp)

Investment Requirement. The Employee Xxxxxx hereby agrees to purchase any shares by ---------------------- exercise of the Option for investment purposes only and not to resell any such shares in any 1. any manner violating the Securities Act of 1933 (the "ACT")1933, as amended, any rules promulgated thereunder, or any applicable state statute. Employee Xxxxxx hereby confirms that he has been advised of and understands the restrictions on resale of stock by virtue of Rule 144 promulgated under the ActSecurities Act of 1933. This restriction or notice thereof shall be placed upon the certificate representing any shares purchased.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Horizon Organic Holding Corp)

Investment Requirement. The Employee Optionee hereby agrees to purchase any shares by exercise of the Option for investment purposes only and not to resell any such shares in any 1. any manner violating the Securities Act of 1933 (the "ACTAct"), as amended, any rules promulgated thereunder, or any applicable state statute. Employee Optionee hereby confirms that he has been advised of and understands the restrictions on resale of stock by virtue of Rule 144 promulgated under the Act. This restriction or notice thereof shall be placed upon the certificate representing any shares purchased.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Horizon Organic Holding Corp)

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Investment Requirement. The Employee hereby agrees to purchase any shares by exercise of the Option for investment purposes only and not to resell any such shares in any 1. any manner violating the Securities Act of 1933 (the "ACTAct"), as amended, any rules promulgated thereunder, or any applicable state statute. Employee hereby confirms that he has been advised of and understands the restrictions on resale of stock by virtue of Rule 144 promulgated under the Act. This restriction or notice thereof shall be placed upon the certificate representing any shares purchased.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Horizon Organic Holding Corp)

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