Common use of Investment Requirement Clause in Contracts

Investment Requirement. The 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 manner violating the Securities Act of 1933 (the "Act"), as amended, any rules promulgated thereunder, or any applicable state statute. 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.

Investment Requirement. The Optionee 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 manner violating the Securities Act of 1933 (the "Act")1933, as amended, any rules promulgated thereunder, or any applicable state statute. Optionee 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.

Investment Requirement. The Optionee 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 manner violating the Securities Act of 1933 (the "Act"), as amended, any rules promulgated thereunder, or any applicable state statute. Optionee 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.

Investment Requirement. The Optionee 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 manner violating the Securities Act of 1933 (the "Act")1933, as amended, any rules promulgated thereunder, or any applicable state statute. Optionee 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.