Investment Undertaking. The Holder will hold the Option and the rights constituent thereto for investment and not with an intention of distribution, and upon exercise will deliver a letter confirming the Holder's nondistributive intent with respect to the shares of Corporation's $.01 par value common stock received as a result of the exercise of the Option.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc)
Investment Undertaking. The Holder will hold the Option and the rights constituent thereto for investment and not with an intention of distribution, and upon exercise will deliver a letter confirming the Holder's ’s nondistributive intent with respect to the shares of Corporation's $.01 par value common stock ’s Common Stock received as a result of the exercise of the Option.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Lev Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc)
Investment Undertaking. The Holder will hold the Option and the rights constituent thereto for investment and not with an intention of distribution, and upon exercise will deliver a letter confirming the Holder's nondistributive intent with respect to the shares of Corporation's $.01 .001 par value common stock received as a result of the exercise of the Option.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Datalogic International Inc), Incentive Stock Option Agreement (Datalogic International Inc), Incentive Stock Option Agreement (Datalogic International Inc)
