Common use of Additional Provisions Related to Exercise Clause in Contracts

Additional Provisions Related to Exercise. (a) WPCC in its discretion may, as a condition to the exercise of the Option, require the Optionee (i) to represent in writing that the shares of the Class A Common Stock received upon exercise of the Option are being acquired for investment and not with a view to distribution and (ii) to make such other representations and warranties as are deemed appropriate by counsel to WPCC. No shares of the Class A Common Stock shall be issued and delivered upon the exercise of the Option unless and until WPCC and/or the Optionee shall have complied with all applicable Federal or state registration, listing and/or qualification requirements and all other requirements of law or of any regulatory agencies having jurisdiction.