Employee Representations. Employee hereby represents and warrants that Employee has reviewed with his or her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.
Appears in 16 contracts
Sources: Stock Option Agreement (Fresh Vine Wine, Inc.), Stock Option Agreement (Fresh Vine Wine, Inc.), Stock Option Agreement (Fresh Vine Wine, Inc.)
Employee Representations. Employee hereby represents and warrants that Employee has reviewed with his or his/her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.
Appears in 8 contracts
Sources: Non Qualified Stock Option Agreement (Predictive Oncology Inc.), Non Qualified Stock Option Agreement (Table Trac Inc), Non Qualified Stock Option Agreement (Skyline Medical Inc.)
Employee Representations. Employee hereby represents and warrants that that:
(a) Employee has reviewed with his or her their own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. .
(b) The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.
Appears in 1 contract
Sources: Stock Option Agreement (Global Traffic Network, Inc.)
Employee Representations. Employee hereby represents and warrants that that:
(a) Employee has reviewed with his or her their own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. .
(b) The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.
Appears in 1 contract
Employee Representations. Employee hereby represents and warrants that Employee has reviewed with his or his/her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this the Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale sales or distribution of the Shares to be received upon exercise thereof.
Appears in 1 contract
Employee Representations. Employee hereby represents and warrants that Employee has reviewed with his or his/her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof. Employee agrees to hold stock acquired by exercise of this Option for a period of one year or to notify the Company in writing of the date of disposition and the sale price of the shares.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Raven Industries Inc)
Employee Representations. Employee Director hereby represents and warrants that Employee has reviewed with his or her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Employee is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Employee understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Miromatrix Medical Inc.)