Investment Covenant. The Holder by his or her acceptance hereof covenants that this Warrant is and any common stock issued hereunder will be acquired for investment purposes, and that the Holder will not distribute the same in violation of any state or federal law or regulation.
Investment Covenant. By its acceptance hereof, the Holder represents and warrants that this Warrant is, and any Warrant Shares issued hereunder will be, acquired for its own account for investment purposes, and the Holder covenants that it will not distribute the same in violation of any state or federal law or regulation.
Investment Covenant. The Optionee represents and agrees that as a condition to exercise of this Option, the shares of Common Stock of the Company that the Optionee acquires under this Option will be acquired by the Optionee for investment and not with a view to distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any governmental agency. The Company may place restrictive legends on any certificates evidencing shares issued upon exercise of any options hereunder if deemed necessary by the Company to comply with applicable securities laws.
Investment Covenant. The Optionee represents, covenants and agrees that, unless the Optioned Shares shall have been registered under the Securities Act of 1933, as amended, or other Federal or state statutes in effect at the time of purchase, such Optioned Shares will be acquired by the Optionee for investment for his own account and not with a view to distribution and agrees to execute such other and further instruments as may be required to evidence such investment intent.
Investment Covenant. You represent and agree that as a condition to the exercise of this Option, the shares of Common Stock of the Company that you acquire under this Option will be purchased for investment and not with a view for distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under Securities Act of 1933, as amended, (the "Act") or any other applicable law, regulation or rule of any governmental agency.
Investment Covenant. I represent and agree that as a condition of this Option, the shares of Common Stock of the Corporation that I acquire under this option will be purchased for investment and not with a view toward distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any government agency. Total Amount Enclosed: $__________ (including $________ for tax withholding) Date: -------------------- ------------------------------------ (Optionee) Received by Nastech Pharmaceutical Company Inc On: , 20 ------------------------- ----
Investment Covenant. Holder represents and warrants that this Warrant and the Shares issued upon such exercise are being acquired for investment by Holder and for its own account and without a view to the resale or distribution thereof within the meaning of the Securities Act of 1933, as amended (the "Act"). Holder agrees that it will not sell, transfer, pledge, hypothecate or otherwise dispose of any of such Shares except (i) pursuant to an effective Registration Statement under the Act covering such disposition, or (ii) in the manner described in an opinion of counsel to the Company, in response to a request therefor, to the effect that such registration is not required as a condition of such disposition. Holder acknowledges that such Shares are not presently registered under the Act and that, except for the Registration Rights being afforded , pursuant to Section 5, the Company is under no obligation to so register or qualify this Warrant or any of the Shares underlying this Warrant under, or do any act which may be requisite to Holder securing an exemption from the registration or qualification requirements of, the Act or any state securities law in connection with the exercise of this Warrant or any disposition of the Shares. Accordingly, any Shares acquired hereunder must be held indefinitely unless they are registered under the Act or the disposition thereof is exempt from the registration requirements of the Act; any sale of the Shares or any part thereof made in reliance on Rule 144 of the Securities and Exchange Commission under the Act can be made only after compliance with any requisite holding period and in amounts and in accordance with the terms and conditions of that Rule. Holder agrees that the certificates representing the Shares to be received by Holder upon exercise of this Warrant may have "stop transfer instructions" placed against the transfer thereof, and may bear the following (or a similar) legend: "The Shares represented by this certificate have not been registered under the Securities Act of 1933 and may not be sold, transferred, pledged, hypothecated or otherwise disposed of in the absence of (i) an effective registration statement for such shares under said Act or (ii) an opinion of Company counsel that such registration is not required."
Investment Covenant. The Optionee further represents that the Optionee is acquiring these options for purposes of investment and not with a view to the distribution. The Optionee represents and agrees that if the Optionee exercises any of these options in whole or in part at a time when there is not in effect under the Securities Act of 1933, as amended (the “Act”), a registration statement relating to the shares issuable upon exercise hereof and there is not available for delivery a prospectus meeting the requirements of Section 10(a)(3) of such Act, (i) the Optionee will acquire the shares upon such exercise for the purpose of investment and not with a view to the distribution thereof, (ii) if requested by the Company, upon each such exercise of these options, the Optionee will furnish to the Company an investment letter in form and substance satisfactory to the Company, (iii) if requested by the Company, prior to selling or offering for sale any such shares, the Optionee will furnish the Company with an opinion of counsel satisfactory to it to the effect that such sale may lawfully be made and will furnish it with such certificates as to factual matters as it may reasonably request, and (iv) certificates representing such shares may be marked with an appropriate legend describing such conditions precedent to sale or transfer. Any person or persons entitled to exercise such option under the provision of Section 5 hereof shall furnish to the Company letters, opinions and certificates to the same effect as would otherwise be required of the Optionee.
Investment Covenant. I represent and agree that as a condition of this Option, the shares of Common Stock of the Corporation that I acquire under this option will be purchased for investment and not with a view for distribution or resale, unless counsel for the Company is then of the opinion that such a representation is not required under the Securities Act of 1933, as amended, or any other applicable law, regulation or rule of any government agency. Total Amount Enclosed: $_______________ (including $______ for tax withholding) Date _____________________________ Optionee _________________________ Received by Nastech Pharmaceutical Company Inc. On: ___________________,200_______ By: ______________________________
Investment Covenant. By accepting the Shares, the HOLDER thereof represents, warrants and covenants that it is an accredited investor as defined under Regulation D of the Act or an accredited person within the meaning of Rule 242 of the Act, and is acquiring this investment for its own account and not with the view to resale or distribution thereof, except in accordance with applicable, federal and state securities laws.
