Common use of Representations of the Optionee Clause in Contracts

Representations of the Optionee. Optionee represents and warrants to the Corporation that Optionee in making an investment intent in connection with this Agreement and the Employment Agreement that: Optionee understands all of the risks and merits associated with an investment decision in the Corporation; Optionee is fully informed about the business of the Corporation; Optionee has been provided with all documents about the Corporation as would be required in a registration statement or prospectus, including a copy of the Corporation's SEC filings; Optionee has been provided access to all documents about the Corporation as Optionee has requested; the Corporation has responded to all questions made by the Optionee in connection with Optionee's investment decision; Optionee has such business, financial and investment knowledge, experience and sophistication to make a fully informed investment decision.

Appears in 2 contracts

Sources: Stock Option Agreement (Famous Fixins Inc), Stock Option Agreement (Famous Fixins Inc)