Common use of Securities Act Matters Clause in Contracts

Securities Act Matters. (a) Optionee represents that Shares issued upon any exercise of the Option will be acquired for Optionee's own account for investment only and not with a view to the distribution thereof within the meaning of the Federal Securities Act of 1933, as amended (hereinafter, together with the rules and regulations thereunder, collectively referred to as the "Act"), and that Optionee does not intend to divide Optionee's participation with others or transfer or otherwise dispose of all or any Shares except as below set forth. As herein used the terms "transfer" and "dispose" mean and include, without limitation, any sale, offer for sale, assignment, gift, pledge or other disposition or attempted disposition.

Securities Act Matters. (a) Optionee represents that Shares issued upon any exercise of the Option will be acquired for Optionee's ’s own account for investment only and not with a view to the distribution thereof within the meaning of the Federal Securities Act of 1933, as amended (hereinafter, together with the rules and regulations thereunder, collectively referred to as the "“Act"”), and that Optionee does not intend to divide Optionee's ’s participation with others or transfer or otherwise dispose of all or any Shares except as below set forth. As herein used the terms "“transfer" ” and "“dispose" ” mean and include, without limitation, any sale, offer for sale, assignment, gift, pledge or other disposition or attempted disposition.

Securities Act Matters. (a) Optionee represents that Shares issued upon any exercise of the Option will be acquired for Optionee's ’s own account for investment only and not with a view to the distribution thereof within the meaning of the Federal Securities Act of 1933, as amended (hereinafter, together with the rules and regulations thereunder, collectively referred to as the "“Act"”), and that Optionee does not intend to divide Optionee's ’s participation with others or transfer or otherwise dispose of all or any Shares except as below set forth. As herein used the terms "“transfer" ” and "“dispose" ” mean and include, without limitation, any sale, offer for sale, assignment, gift, pledge or other disposition or attempted disposition.