Common use of Speculative Nature of Investment Clause in Contracts

Speculative Nature of Investment. Such Employee understands and acknowledges that the Company has a limited financial and operating history and that an investment in the Company is highly speculative and involves substantial risks. Such Employee can bear the economic risk of such Employee’s investment and is able, without impairing such Employee’s financial condition, to hold the Conversion Shares for an indefinite period of time and to suffer a complete loss of such Employee’s investment.

Appears in 9 contracts

Samples: Conversion Agreement (Wellstar International, Inc.), Conversion Agreement (Wellstar International, Inc.), Conversion Agreement (Wellstar International, Inc.)

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Speculative Nature of Investment. Such Employee understands and acknowledges that the Company has a limited financial and operating history and that an investment in the Company is highly speculative and involves substantial risks. Such Employee can bear the economic risk of such Employee’s investment and is able, without impairing such Employee’s financial condition, to hold the Conversion Shares for an indefinite period of time and to suffer a complete loss of such Employee’s investment.

Appears in 4 contracts

Samples: Restricted Stock Agreement (World Surveillance Group Inc.), Restricted Stock Agreement (World Surveillance Group Inc.), Wage Conversion Agreement (Solar Energy Initiatives, Inc.)

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Speculative Nature of Investment. Such Employee understands and acknowledges that the Company has a limited financial and operating history and that an investment in the Company is highly speculative and involves substantial risks. Such Employee can bear the economic risk of such Employee’s investment and is able, without impairing such Employee’s financial condition, to hold the Conversion Shares Securities for an indefinite period of time and to suffer a complete loss of such Employee’s investment.

Appears in 3 contracts

Samples: Conversion Agreement (World Surveillance Group Inc.), Conversion Agreement (World Surveillance Group Inc.), Conversion Agreement (World Surveillance Group Inc.)

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