Representations of the Director a) The director hereby represents that they have taken note of the provisions of the Company's Articles of Incorporation, and the Regulation of the Board of Directors of the company;
Representations of the Director. The Director represents and warrants that: (a) the Director understands that (i) the offer and sale of shares of Common Stock in accordance with this Agreement have not been and will not be registered under the Act, and it is the intention of the parties hereto that the offer and sale of the securities be exempt from registration under the Act and the rules promulgated thereunder by the Securities and Exchange Commission; and (ii) the shares of Common Stock being acquired hereunder cannot be sold, transferred, assigned, exchanged, pledged, encumbered or otherwise disposed of unless they are registered under the Act or an exemption from registration is available; (b) the Director is acquiring the shares of Common Stock being acquired hereunder for investment for the Director's own account and not with a view to the distribution thereof; (c) the Director will not, directly or indirectly, sell, transfer, assign, exchange, pledge, encumber or otherwise dispose of any shares of Common Stock being acquired hereunder except in accordance with this Agreement; (d) the Director has, or the Director together with the Director's advisers, if any, have, such knowledge and experience in financial and business matters that the Director is, or the Director together with the Director's advisers, if any, are, and will be capable of evaluating the merits and risks relating to the Director's acquisition of shares of Common Stock under this Agreement; (e) the Director has been given the opportunity to obtain information and documents relating to the Company and to ask questions of and receive answers from representatives of the Company concerning the Company and the Director's investment in the Common Stock; (f) the Director's decision to invest in the Company has been based upon independent investigations made by the Director and the Director's advisers, if any; (g) the Director is able to bear the economic risk of a total loss of the Director's investment in the Company; and (h) the Director has adequate means of providing for the Director's current needs and foreseeable personal contingencies and has no need for the Director's investment in the Common Stock to be liquid.
Representations of the Director. The Director represents and warrants to the Company that: The Director’s acceptance of employment with the Company and the performance of his duties hereunder will not conflict with or result in a violation of, a breach of, or a default under any contract, agreement, or understanding to which he is a party or is otherwise bound. The Director’s acceptance of employment with the Company and the performance of his duties hereunder will not violate any non-solicitation, non-competition, or other similar covenant or agreement of a prior employer or third-party.
