Recipient’s Acknowledgments Clause Samples

Recipient’s Acknowledgments. The Recipient acknowledges that the Recipient: (i) has read this Agreement; (ii) has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of the Recipient’s own choice or has voluntarily declined to seek such counsel; (iii) understands the terms and consequences of this Agreement; (iv) is fully aware of the legal and binding effect of this Agreement; and (v) understands that the law firm of ▇▇▇▇▇▇▇▇▇ PLLC, is acting as counsel to the Company in connection with the transactions contemplated by the Agreement, and is not acting as counsel for the Recipient.

Recipient’s Acknowledgments. The Recipient acknowledges that he or she: (i) has read this Agreement; (ii) has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of the Recipient’s own choice or has voluntarily declined to seek such counsel; (iii) understands the terms and conditions of this Agreement and the Plan; and (iv) is fully aware of the legal and binding effect of this Agreement.

Recipient’s Acknowledgments. The Recipient acknowledges that he or she has read this Agreement, has read the Plan and the Information About Restricted Stock Units (“Information”), and understands the terms and conditions of this Agreement, the Plan and the Information.

Recipient’s Acknowledgments. The Recipient acknowledges that he: (i) has read this Agreement, has received and read the Plan, and understands the terms and conditions of this Agreement and the Plan; (ii) has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of the Recipient’s own choice or has voluntarily declined to seek such counsel; (iii) understands the terms and consequences of this Agreement; (iv) is fully aware of the legal and binding effect of this Agreement; and (v) understands that the law firm of ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ LLP is acting as counsel to the Company in connection with the transactions contemplated by the Agreement, and is not acting as counsel for the Recipient.

Recipient’s Acknowledgments. The Recipient acknowledges that he or she has read this Agreement, has received and read the Plan, and understands the terms and conditions of this Agreement and the Plan. FORM OF RSA China NON PRC Citizen 04152015 Name of Recipient: ______________________________ Number of Restricted Stock Units awarded: ___________ shares of common stock Grant Date: ___________ Vesting: ___________________________ (each of the foregoing a “Vesting Date”) Demandware, Inc. (the “Company”) has granted you restricted stock units, which are subject to the provisions of the Company’s 2012 Stock Incentive Plan, as it may be amended from time to time (the “Plan”) and the terms and conditions contained in this Restricted Stock Unit Agreement (this “Agreement”). Please confirm your acceptance of this award (the “Award”), that you have received and read the Plan, and that you understand and agree to the terms and conditions of this Agreement and the Plan by signing a copy of this Agreement where indicated below. By: T▇▇▇▇▇ ▇▇▇▇▇▇, CEO and President Accepted and Agreed: __________________________ NAME While Demandware generally strives to structure its equity awards to vest in open trading windows under our I▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Policy, if you are aware of “material nonpublic information” during an open trading window, the i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ laws and our I▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Policy prohibit you from selling Demandware stock (even sales to cover your withholding tax obligations) despite the fact that there is an open trading window. In addition, the Company may from time to time implement an additional blackout period in view of significant events or other developments involving the Company and such additional blackout period may inhibit your ability to freely sell shares upon vesting to cover your withholding tax obligations. A person who trades while aware of material nonpublic information or during a blackout period should not be liable for i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ if that person entered into a 10b5-1 Plan in accordance with the safe harbor rules. The Standing Order attached to your award agreement is structured to comply with the affirmative defenses and the safe harbor rules. If you wish to take advantage of the safe harbor and have the ability to sell shares during a closed trading window, you should accept and enter into the Standing Order. As of the date that you accept and enter into the Standing Order, (i) you must not be aware of material nonpublic information, (ii) Demandware must not be in any...

Recipient’s Acknowledgments. The Recipient acknowledges that he or she has read this Agreement, has received and read the Plan, and understands the terms and conditions of this Agreement and the Plan. By: Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇. Title: Sr. Vice President & CFO Accepted and Agreed: ___, 20___

Recipient’s Acknowledgments. The Recipient acknowledges that he or she has read this Agreement, has received and read the Plan, and understands the terms and conditions of this Agreement and the Plan. This Amendment (the “Amendment”) to the Restricted Stock Agreement (the Agreement”) of February 7, 2013 between ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (“Recipient”) and World Energy Solutions, Inc. (the “Company”) is entered into as of March 25, 2014. Capitalized terms used herein and not otherwise defined herein have the respective meanings ascribed to such terms in the Agreement.

Recipient’s Acknowledgments. The Recipient acknowledges that he or she has read this Agreement, has received and read the Plan, and understands the terms and conditions of this Agreement and the Plan. FORM OF RSA PRC citizens 04012015

Recipient’s Acknowledgments. The Recipient acknowledges and agrees that a breach of this Agreement may cause the Disclosing Party to suffer loss, damage or expense for which damages may not be an adequate remedy. Therefore the Recipient agrees that the Disclosing Party may immediately seek to restrain, including by ex parte injunction or similar remedy, any conduct, actual or threatened, which is in breach of this Agreement.