Common use of Participant’s Representations Clause in Contracts

Participant’s Representations. The Participant represents to the Company that: (a) The terms and arrangements relating to the grant of Restricted Stock and the offer thereof have been arrived at or made through direct communication with the Company or person acting in its behalf and the Participant; (b) The Participant has received a balance sheet and income statement of the Company and as an officer or key employee of the Company: (i) is thoroughly familiar with the Company’s business affairs and financial condition and (ii) has been provided with or has access to such information (and has such knowledge and experience in financial and business matters that the Participant is capable of utilizing such information) as is necessary to evaluate the risks, and make an informed investment decision with respect to, the grant of Restricted Stock; and (c) The Restricted Stock is being acquired in good faith for investment purposes and not with a view to, or for sale in connection with, any distribution thereof.

Appears in 14 contracts

Samples: Restricted Stock Award Agreement (Old National Bancorp /In/), Restricted Stock Award Agreement (Old National Bancorp /In/), Restricted Stock Award Agreement (Old National Bancorp /In/)

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Participant’s Representations. The Participant represents to the Company that: (a) The terms and arrangements relating to the grant of Restricted Stock Performance Shares and the offer thereof have been arrived at or made through direct communication with the Company or a person acting in its behalf and the Participant; (b) The Participant has received a balance sheet and income statement of the Company and as an officer or key employee of the CompanyCompany or one of its Affiliates: (i) is thoroughly familiar with the Company’s business affairs and financial condition condition; and (ii) has been provided with or has access to such information (and has such knowledge and experience in financial and business matters that the Participant is capable of utilizing such information) as is necessary to evaluate the risks, and make an informed investment decision with respect to, the grant of Restricted Stock; and (c) The Restricted Stock is being acquired in good faith for investment purposes and not with a view to, or for sale in connection with, any distribution thereofPerformance Shares.

Appears in 6 contracts

Samples: Performance Share Award Agreement (Horizon Bancorp /In/), Performance Share Award Agreement (Horizon Bancorp /In/), Performance Share Award Agreement (Horizon Bancorp /In/)

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Participant’s Representations. The Participant represents to the Company that: (a) The terms and arrangements relating to the grant of Restricted Stock and the offer thereof have been arrived at or made through direct communication with the Company or person acting in its behalf and the Participant; (b) The Participant has received a balance sheet and income statement of the Company and as an officer or key employee of the Company: (i) is thoroughly familiar with the Company’s 's business affairs and financial condition and (ii) has been provided with or has access to such information (and has such knowledge and experience in financial and business matters that the Participant is capable of utilizing such information) as is necessary to evaluate the risks, and make an informed investment decision with respect to, the grant of Restricted Stock; and (c) The Restricted Stock is being acquired in good faith for investment purposes and not with a view to, or for sale in connection with, any distribution thereof.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Old National Bancorp /In/), Performance Based Restricted Stock Award Agreement (Old National Bancorp /In/), Performance Based Restricted Stock Award Agreement (Old National Bancorp /In/)

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