Common use of Purchase Not for Distribution Clause in Contracts

Purchase Not for Distribution. Any Option Shares or other ----------------------------- securities acquired by Grantee or Holder 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 3 contracts

Samples: Stock Option Agreement (Corestates Financial Corp), Merger Agreement (Corestates Financial Corp), Stock Option Agreement (Corestates Financial Corp)

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Purchase Not for Distribution. Any This Option is not being, and any ----------------------------- Option Shares or other ----------------------------- securities acquired by Grantee or Holder upon exercise of the Option will not be taken be, acquired 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 (Richmond County Financial Corp), Stock Option Agreement (Richmond County Financial Corp)

Purchase Not for Distribution. Any Option Shares or other securities ----------------------------- securities acquired by Grantee or Holder Parent upon exercise of the Option will not be taken with a view to the public distribution thereof and will shall not be transferred or otherwise disposed of except in a transaction registered registered, or exempt from registration registration, under the Securities Act.

Appears in 2 contracts

Samples: Stock Option Agreement (Mylan Laboratories Inc), Stock Option Agreement (Penederm Inc)

Purchase Not for Distribution. Any Option Shares ----------------------------- or other ----------------------------- securities acquired by Grantee or Holder 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: Merger Agreement (Alrenco Inc)

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Purchase Not for Distribution. Any This Option Shares or other ----------------------------- securities is not being ------------------------------ acquired by Grantee or Holder upon exercise of the Option will not be taken with a view to the public distribution thereof and neither this Option nor any Option Shares 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 (Provident Bankshares Corp)

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