Common use of Purchase Not for Distribution Clause in Contracts

Purchase Not for Distribution. Grantee hereby represents and warrants to Issuer that any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 17 contracts

Samples: Stock Option Agreement (American Home Products Corp), Reorganization Agreement (Anchor Financial Corp), Stock Option Agreement (Pharmacia & Upjohn Inc)

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Purchase Not for Distribution. Grantee hereby represents and warrants to Issuer that any Option Shares or other securities acquired by Grantee upon exercise of the Option or Substitute Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 9 contracts

Samples: Stock Option Agreement (Kerr McGee Corp), Stock Option Agreement (Warner Lambert Co), Stock Option Agreement (Kerr McGee Corp)

Purchase Not for Distribution. Grantee hereby represents and warrants to Issuer the Company that any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 4 contracts

Samples: Parent Stock Option Agreement (Champion International Corp), Stock Option Agreement (Champion International Corp), Stock Option Agreement (Upm Kymmene Corp)

Purchase Not for Distribution. Grantee hereby represents and warrants to Issuer that any Option Shares or other securities acquired by Grantee upon exercise of the Option or Substitute Option (as defined below) will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 2 contracts

Samples: Stock Option Agreement (Pharmaceutical Marketing Services Inc), Stock Option Agreement (Quintiles Transnational Corp)

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Purchase Not for Distribution. Grantee hereby represents ----------------------------- and warrants to Issuer that any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Stock Option Agreement (Wesley Jessen Visioncare Inc)

Purchase Not for Distribution. Grantee hereby represents and ----------------------------- warrants to Issuer that any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 1 contract

Samples: Stock Option Agreement (Global Crossing LTD)

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