Common use of Investment Intent; Capacity to Protect Interests Clause in Contracts

Investment Intent; Capacity to Protect Interests. Employee is acquiring the Shares solely for investment and not with any present intention of selling or otherwise disposing of the Shares or any portion thereof in any transaction other than a transaction exempt from registration under the Securities Act. Employee also represents that the entire legal and beneficial interest of the Shares is being acquired, and will be held, for Employee’s account only, and neither in whole nor in part for any other person except to the extent held jointly with Employee’s spouse.

Appears in 4 contracts

Samples: Employee Stock Ownership Agreement (Ballast Point Brewing & Spirits, Inc.), Employee Stock Ownership Agreement (Ballast Point Brewing & Spirits, Inc.), Employee Stock Ownership Agreement (Ballast Point Brewing & Spirits, Inc.)

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