Common use of Representations and Warranties of Participant Clause in Contracts

Representations and Warranties of Participant. The Participant represents and warrants to the Company that: (a) he has received and carefully reviewed a copy of the Plan; and (b) he understands that neither the Options nor any of the rights and interests under the Plan or hereunder may be assigned, encumbered or otherwise transferred (collectively, "Transferred") except, in the event of his death, by will or the laws and descent and distribution.

Appears in 3 contracts

Sources: Stock Option Agreement (Intrenet Inc), Stock Option Agreement (Intrenet Inc), Stock Option Agreement (Intrenet Inc)

Representations and Warranties of Participant. The Participant represents and warrants to the Company that: (a) that he or she has received and carefully reviewed a copy of the Plan; and (b) he and understands that neither the Options Option nor any of the rights and interests under the Plan or hereunder this Agreement may be assigned, encumbered or otherwise transferred (collectively, "Transferred") except, in the event of his death, by will or the laws and of descent and distribution.

Appears in 3 contracts

Sources: Stock Option Agreement (Brightpoint Inc), Stock Option Agreement (Brightpoint Inc), Non Qualified Stock Option Agreement (Brightpoint Inc)

Representations and Warranties of Participant. The Participant represents and warrants to the Holding Company that: (a) he has received and carefully reviewed a copy of the Plan; and (b) he understands that neither the Options nor any of the rights and interests under the Plan or hereunder may be assigned, encumbered or otherwise transferred (collectively, "Transferred") except, in the event of his death, by will or the laws and descent and distribution.

Appears in 1 contract

Sources: Stock Option Agreement (Intrenet Inc)

Representations and Warranties of Participant. The Participant represents and warrants to the Company thatthat he or she: (a) he has received and carefully reviewed a copy of the Plan; and (b) he understands that neither the Options Option nor any of the rights and interests under the Plan or hereunder this Agreement may be assigned, encumbered or otherwise transferred (collectively, "Transferred") except, in the event of his death, by will or the laws and descent and distributiondistribution or as approved by the Committee.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Hurco Companies Inc)