Business Knowledge. The Seller understands the business in which the Company is engaged and has such knowledge and experience in business and financial matters that the Seller is capable of evaluating the merits and risks of tendering the Tendered Option. By tendering the Tendered Option, the Seller understands and agrees that it shall forego any future appreciation in the value of the Tendered Option that would have occurred on or after the Closing Date if the Seller had retained, and not tendered, such option to purchase Common Stock. The Seller understands that the transfer and sale of the Tendered Option may affect the value of Common Stock.
Appears in 3 contracts
Sources: Stock Option Purchase Agreement, Stock Option Purchase Agreement (Annie's, Inc.), Stock Option Purchase Agreement (Annie's, Inc.)