Common use of Purchase for Own Account for Investment Clause in Contracts

Purchase for Own Account for Investment. Any shares of Common Stock acquired pursuant to the Option shall be acquired for Participant’s own account for investment purposes only and not with a view to, or for sale in connection with, a distribution of the shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). The Participant has no present intention of selling or otherwise disposing of all or any portion of the shares subject to the Option.

Appears in 6 contracts

Samples: Stock Restriction Agreement (Targacept Inc), Stock Restriction Agreement (Targacept Inc), Stock Restriction Agreement (Targacept Inc)

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Purchase for Own Account for Investment. Any shares of Common Stock acquired pursuant to the Option shall be acquired for the Participant’s own account for investment purposes only and not with a view to, or for sale in connection with, a distribution of the shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). The Participant has no present intention of selling or otherwise disposing of all or any portion of the shares subject to the Option.

Appears in 5 contracts

Samples: Stock Option Agreement (Omni Financial Services, Inc.), Stock Option Agreement (Omni Financial Services, Inc.), Stock Option Agreement (Targacept Inc)

Purchase for Own Account for Investment. Any shares Shares of Common Stock acquired pursuant to the Option shall be acquired for the Participant’s own account for investment purposes only and not with a view to, or for sale in connection with, a distribution of the shares Shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). The Participant has no present intention of selling or otherwise disposing of all or any portion of the shares Shares subject to the Option.

Appears in 5 contracts

Samples: Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Board Member Agreement (Pokertek Inc)

Purchase for Own Account for Investment. Any shares of Common Stock Shares acquired pursuant to the Option shall be acquired for the Participant’s own account for investment purposes only and not with a view to, or for sale in connection with, a distribution of the shares Shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). The Participant has no present intention of selling or otherwise disposing of all or any portion of the shares Shares subject to the Option.

Appears in 2 contracts

Samples: Xenith Bankshares, Inc., Xenith Bankshares, Inc.

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Purchase for Own Account for Investment. Any The shares of Common Stock acquired pursuant to the received upon exercise of this Option shall will be acquired for the Participant’s own account for investment purposes only and not with a view to, or for sale in connection with, a distribution of the such shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). The Participant has no present intention of selling or otherwise disposing of all or any portion of the shares subject to the Optionsuch shares.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (KMG America CORP), Nonqualified Stock Option Agreement (KMG America CORP)

Purchase for Own Account for Investment. Any shares of Common Stock acquired pursuant to the Option shall be acquired for Participantthe Optionee’s own account for investment purposes only and not with a view to, or for sale in connection with, a distribution of the shares within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). The Participant Optionee has no present intention of selling or otherwise disposing of all or any portion of the shares subject to the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Motricity Inc)

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