Common use of Representations of Optionee Clause in Contracts

Representations of Optionee. The Optionee hereby represents that he and any related persons or entities, within the meaning of Section 425(d) of the Code, do not own as much as ten percent (10%) of the total combined voting power of all classes of capital stock of the Company, and in accepting the Option herein granted to him, agrees to the terms of such Option as of the date hereof.

Appears in 6 contracts

Samples: Stock Option Agreement (Savient Pharmaceuticals Inc), Stock Option Agreement (Savient Pharmaceuticals Inc), Stock Option Agreement (Savient Pharmaceuticals Inc)

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Representations of Optionee. The Optionee hereby represents that he and any related persons or entities, within the meaning of Section 425(d424(d) of the Code, do not own as much as more than ten percent (10%) of the total combined voting power of all classes of capital stock of the Company, and in accepting the Option herein granted to him, agrees to the terms of such Option as of the date hereof.

Appears in 3 contracts

Samples: Stock Option Agreement (Napco Security Technologies, Inc), Stock Option Agreement (Napco Security Technologies, Inc), Employee Stock Option Agreement (Napco Security Technologies, Inc)

Representations of Optionee. The Optionee hereby represents that he and any related persons or entities, within the meaning of Section 425(d) of the CodeInternal Revenue Code of 1986, do not own as much as ten percent (10%) of the total combined voting power of all classes of capital stock of the Company, and in accepting the Option herein granted to him, agrees to the terms of such Option as of the date hereof.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Savient Pharmaceuticals Inc), Stock Option Agreement (Shells Seafood Restaurants Inc)

Representations of Optionee. The Optionee hereby represents that he the Optionee and any related persons or entities, within the meaning of Section 425(d) of the CodeInternal Revenue Code of 1986, do not own as much as ten percent (10%) of the total combined voting power of all classes of capital stock of the Company, and in accepting the Option herein granted to himthe Optionee, agrees to the terms of such Option as of the date hereofGrant Date.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Kv Pharmaceutical Co /De/), Incentive Stock Option Agreement (Kv Pharmaceutical Co /De/)

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Representations of Optionee. The Optionee hereby represents that he and any related persons or entities, within the meaning of Section 425(d424(d) of the Code, do not own as much as more than ten percent (10%) of the total combined voting power of all classes of capital stock of the Company, and in accepting the Option herein granted to him, agrees to the terms of such Option as of the date hereof.. ​

Appears in 1 contract

Samples: Employee Stock Option Agreement (Napco Security Technologies, Inc)

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