Common use of Purchase Not for Distribution Clause in Contracts

Purchase Not for Distribution. Any Option Shares acquired by FirstMerit upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered or exempt from registration under the Securities Act.

Appears in 8 contracts

Sources: Stock Purchase Option (Cobancorp Inc), Stock Purchase Option (Firstmerit Bank Na), Stock Purchase Option (Signal Corp)