Common use of Purchase Not for Distribution Clause in Contracts

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be, and the Option is not being, acquired by Grantee with a view to the public distribution thereof. Neither the Option nor any of the Option Shares will be offered, sold, pledged or otherwise transferred except in compliance with, or pursuant to an exemption from, the registration requirements of the Securities Act.

Appears in 14 contracts

Samples: Stock Option Agreement (Trion Inc), Stock Option Agreement (Dyson Kissner Moran Corp), Stock Option Agreement (Alltel Corp)

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Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will shall not be, and the Option is not being, acquired by Grantee with a view to the public distribution thereof. Neither the Option nor any of the Option Shares will be offered, sold, pledged transferred or otherwise transferred except in compliance with, or pursuant to an exemption from, the registration requirements of the Securities Act.otherwise

Appears in 1 contract

Samples: Stock Option Agreement (CSX Corp)

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