REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE DIRECTOR. 4.01 The Director represents and warrants to, and covenants with, the Company that: (a) the Director is resident for securities law purposes in Hong Kong; and (b) the grant of the Option has not been made by expectation of employment or continued employment.
Appears in 2 contracts
Samples: Director's Incentive Stock Option Agreement (Vibro Tech Industries Inc), Director's Incentive Stock Option Agreement (Vibro Tech Industries Inc)
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE DIRECTOR. 4.01 The Director represents and warrants to, and covenants with, the Company that:
(a) the Director is resident for securities law purposes in Hong KongChina; and
(b) the grant of the Option has not been made by expectation of employment or continued employment.
Appears in 2 contracts
Samples: Director's Incentive Stock Option Agreement (Vibro Tech Industries Inc), Director's Incentive Stock Option Agreement (Vibro Tech Industries Inc)