Common use of Upon exercise of the Option Clause in Contracts

Upon exercise of the Option. The Participant is not in the United States. For all employees: 1. The Participant has received copies of each of the Plan, the Agreement and the Management Partnership, and has had sufficient opportunity to review such documents. 2. The Participant is acquiring and will hold the Option and the Ordinary Shares for investment for his account only and not with a view to, or for resale in connection with, any “distribution” thereof within the meaning of the Securities Act or other applicable securities laws.

Appears in 9 contracts

Sources: Stock Option Grant Agreement (Skype S.a r.l.), Stock Option Grant Agreement (Skype S.a r.l.), Stock Option Grant Agreement (Skype S.a r.l.)