Common use of Purchase and Loan Clause in Contracts

Purchase and Loan. (a) The Participant agrees, on the terms and conditions set forth in this Loan Agreement, to purchase Company Stock as provided in his or her Election To Participate And Power of Attorney. The Loan is for the purpose of the Participant's acquiring shares of Company Stock ("Shares").

Purchase and Loan. (a) The Participant Borrower agrees, on the terms and conditions set forth in this Loan Agreement, to purchase Company Stock as provided in his or her Election To Participate And Power of AttorneyParticipate. The Loan is for the purpose of the Participant's Borrower acquiring shares of Company Stock (the "Shares").