Common use of Acknowledgement and Legend Clause in Contracts

Acknowledgement and Legend. (a) The Associate acknowledges and agrees that (i) because of her/his position with the Company, the Associate may be deemed to be an "affiliate" thereof (as such term is defined in Rule 144 promulgated under the Securities Act); (ii) the resale by an affiliate of the Company of the Shares acquired upon any exercise of the Option is restricted by law, notwithstanding any registration of the Shares on Form S-8 (or similar successor form) promulgated under the Securities Act; (iii) any resale of the Shares by an affiliate of the Company pursuant to said Rule 144 would be subject to the volume limitations contained in paragraph (e) thereof; and (iv) the Associate will not sell such Shares in violation of Rule 144(e) or any other rule or regulation under the Securities Act.

Appears in 3 contracts

Samples: Stock Option Agreement (I Stat Corporation /De/), Non Statutory Stock Option Agreement (I Stat Corporation /De/), Non Statutory Stock Option Agreement (I Stat Corporation /De/)

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Acknowledgement and Legend. (a) The Associate Participant acknowledges and agrees that (i) because of her/his position with the Company, the Associate Participant may be deemed to be an "affiliate" thereof (as such term is defined in Rule 144 promulgated under the Securities Act); (ii) the resale by an affiliate of the Company of the Shares acquired upon any exercise of the Option is restricted by law, notwithstanding any registration of the Shares on Form S-8 (or similar successor form) promulgated under the Securities Act; (iii) any resale of the Shares by an affiliate of the Company pursuant to said Rule 144 would be subject to the volume limitations contained in paragraph (e) thereof; and (iv) the Associate Participant will not sell such Shares in violation of Rule 144(e) or any other rule or regulation under the Securities Act.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Bio Plexus Inc)

Acknowledgement and Legend. (a) The Associate Employee acknowledges and agrees that (i) because of her/his position with the Company, the Associate Employee may be deemed to be an "affiliate" thereof (as such term is defined in Rule 144 promulgated under the Securities Act); (ii) the resale by an affiliate of the Company of the Shares acquired upon any exercise of the Option is restricted by law, notwithstanding any registration of the Shares on Form S-8 (or similar successor form) promulgated under the Securities Act; (iii) any resale of the Shares by an affiliate of the Company pursuant to said Rule 144 would be subject to the volume limitations contained in paragraph (e) thereof; and (iv) the Associate will not sell such Shares in violation of Rule 144(e) or any other rule or regulation under the Securities Act.volume

Appears in 1 contract

Samples: Non Statutory (I Stat Corporation /De/)

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Acknowledgement and Legend. (a) The Associate Participant acknowledges and agrees that (i) because of her/his position with on the Board of Directors of the Company, the Associate Participant may be deemed to be an "affiliate" thereof (as such term is defined in Rule 144 promulgated under the Securities Act); (ii) the resale by an affiliate of the Company of the Shares acquired upon any exercise of the Option is restricted by law, notwithstanding any registration of the Shares on Form S-8 (or similar successor form) promulgated under the Securities Act; (iii) any resale of the Shares by an affiliate of the Company pursuant to said Rule 144 would be subject to the volume limitations contained in paragraph (e) thereof; and (iv) the Associate Participant will not sell such Shares in violation of Rule 144(e) or any other rule or regulation under the Securities Act.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Bio Plexus Inc)

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