Common use of Purchase Not for Distribution Clause in Contracts

Purchase Not for Distribution. This Option is not being acquired with a view to the public distribution thereof and neither this Option nor any of the Option Shares will be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act of 1933, as amended.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Chittenden Corp /Vt/), Agreement and Plan of Reorganization (Chittenden Corp /Vt/)

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Purchase Not for Distribution. This Option is not being acquired with a view to the public distribution thereof and neither this Option nor any of the Option Shares will be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act of 1933, as amendedAct.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Source Bancorp Inc), Stock Option Agreement (First Citizens Financial Corp)

Purchase Not for Distribution. This Option is not being acquired with a view to the public distribution thereof and neither this Option nor any of the Option Shares will be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act of 1933, as amendedand applicable state and federal banking laws.

Appears in 2 contracts

Samples: Stock Option Agreement (Barnett Banks Inc), Stock Option Agreement (Oxford Resources Corp)

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Purchase Not for Distribution. This Option is not being ------------------------------ acquired with a view to the public distribution thereof and neither this Option nor any of the Option Shares will be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act of 1933, as amendedAct.

Appears in 1 contract

Samples: Stock Option Agreement (Provident Bankshares Corp)

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