Common use of Participant Acknowledgments Clause in Contracts

Participant Acknowledgments. By executing this Award Agreement, the Participant acknowledges and agrees as follows: (a) The Company is not providing the Participant with advice, warranties or representations regarding any of the legal or tax effects to the Participant with respect to this Award Agreement. (b) The Participant acknowledges that he or she is (1) familiar with the terms of the grant made to him or her under this Award Agreement and the Plan, (2) has been encouraged by the Company to discuss the grant and the Plan with his or her own legal and tax advisers, and (3) agrees to be bound by the terms of the grant (and the Plan provisions incorporated herein).

Appears in 2 contracts

Samples: Performance Stock Unit Inducement Award Agreement (Akorn Inc), Restricted Stock Unit Inducement Award Agreement (Akorn Inc)

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Participant Acknowledgments. By executing this Award Agreement, the Participant acknowledges and agrees as follows: (a) The Company is not providing the Participant with advice, warranties or representations regarding any of the legal or tax effects to the Participant with respect to this Award Agreement. (b) The Participant acknowledges that he or she is (1) familiar with the terms of the grant made to him or her under this Award Agreement and the Plan, (2) has been encouraged by the Company to discuss the grant and the Plan with his or her own legal and tax advisers, and (3) agrees to be bound by the terms of the grant (and the Plan provisions incorporated herein)Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Akorn Inc)

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Participant Acknowledgments. By executing this Award Agreement, the Participant acknowledges and agrees as follows: (a) The Company is not providing the Participant with advice, warranties or representations regarding any of the legal or tax effects to the Participant with respect to this Award AgreementAgreement and the Participant shall be responsible for all taxes incurred by the Participant in connection with the grant, vesting or settlement of the Restricted Stock Units. (b) The Participant acknowledges that he or she is (1) familiar with the terms of the grant made to him or her under this Award Agreement and the Plan, (2) has been encouraged by the Company to discuss the grant and the Plan with his or her own legal and tax advisers, and (3) agrees to be bound by the terms of the grant (and the Plan provisions incorporated herein)Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Akorn Inc)

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