Common use of Professional Advice Clause in Contracts

Professional Advice. The acceptance of the Options and the sale of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 44 contracts

Samples: Stock Option Agreement (Fairchild International Corp), Stock Option Agreement (Collaborative Financial Network Group Inc), Stock Option Agreement (Fairchild International Corp)

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Professional Advice. The acceptance of the Options and the sale of shares of Common Stock issued pursuant to the exercise of Options may have consequences under federal federal, state and state provincial tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the shares of Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 7 contracts

Samples: Stock Option Agreement (Liberty Star Uranium & Metals Corp.), Stock Option Agreement (Liberty Star Gold Corp), Stock Option Agreement (Liberty Star Gold Corp)

Professional Advice. The acceptance of the Options and the sale of Common Stock Shares issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws laws, which may vary depending upon the individual circumstances of the OptioneeConsultant. Accordingly, the Optionee Consultant acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to the Options for the Common StockShares. Without limiting other matters to be considered, the Optionee Consultant should consider whether upon the exercise of Options, the Optionee Consultant will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 6 contracts

Samples: Consulting Agreement (Kidstoysplus Com Inc), Consulting Agreement (Reward Enterprises Inc), Consulting Agreement (Kidstoysplus Com Inc)

Professional Advice. The acceptance of the Options Option and the sale of Common Stock issued pursuant to the exercise of Options the Option may have consequences under federal and state tax and securities laws which may vary depending upon on the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options the Option for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the whether, on exercise of Optionsthe Option, the Optionee will must file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 2 contracts

Samples: Stock Option Plan Stock Option Agreement (Ableauctions Com Inc), Stock Option Agreement (Ableauctions Com Inc)

Professional Advice. The acceptance of the Options and the sale ------------------- of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Optionsoptions, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 2 contracts

Samples: Stock Option Agreement (Briazz Inc), Stock Option Agreement (Briazz Inc)

Professional Advice. The acceptance of the Options and the sale of ------------------- Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Optionsoptions, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 2 contracts

Samples: Stock Option Agreement (Briazz Inc), Stock Option Agreement (Briazz Inc)

Professional Advice. The acceptance of the Options and the ------------------- sale of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Optionsoptions, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 1 contract

Samples: Stock Option Agreement (Briazz Inc)

Professional Advice. The acceptance of the Options and the sale of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 1 contract

Samples: Stock Option Agreement (Shopping Sherlock Inc)

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Professional Advice. The acceptance of the Options and the sale of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other others matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with under the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 1 contract

Samples: Employment Agreement (Sailtech International Inc)

Professional Advice. The acceptance of the Options and the sale of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 1 contract

Samples: Employment Agreement (Sportsprize Entertainment Inc/)

Professional Advice. The acceptance of the Options and the sale ------------------- of Common Stock issued pursuant to the exercise of Options may have consequences under federal and state tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 1 contract

Samples: Stock Option Agreement (Briazz Inc)

Professional Advice. The acceptance of the Options and the sale of -------------------- Common Stock issued pursuant to the exercise of Options may have consequences under federal federal, state and state provincial tax and securities laws which may vary depending upon the individual circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or she has been advised to consult his or her personal legal and tax advisor in connection with this Agreement and his or her dealings with respect to Options for the Common Stock. Without limiting other matters to be considered, the Optionee should consider whether upon the exercise of Options, the Optionee will file an election with the Internal Revenue Service pursuant to Section 83(b) of the Code.

Appears in 1 contract

Samples: Stock Option Agreement (E Com Technologies Corp)

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