Common use of Purchase Not for Distribution Clause in Contracts

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be transferred or otherwise disposed of except in a transaction registered, or exempt from registration, under the Securities Act.

Appears in 20 contracts

Samples: Stock Option Agreement (United Meridian Corp), Stock Option Agreement (Johnson & Johnson), Stock Option Agreement (Dean Witter Discover & Co)

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Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be acquired with a view to the public distribution thereof in violation of any federal or state securities laws and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities ActAct and any applicable state securities laws.

Appears in 9 contracts

Samples: Stock Option Agreement (J P Morgan Chase & Co), Stock Option Agreement (International Assets Holding Corp), Stock Option Agreement (J P Morgan Chase & Co)

Purchase Not for Distribution. Any This Option is not being, and any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be, acquired with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 8 contracts

Samples: Stock Option Agreement (Matrix Bancorp Inc), Agreement and Plan of Merger (Mainstreet Bankgroup Inc), Stock Option Agreement (NBC Capital Corp)

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee or Holder upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 7 contracts

Samples: Stock Option Agreement (Nac Re Corp), Stock Option Agreement (Exel LTD), Ultrak Stock Option Agreement (Checkpoint Systems Inc)

Purchase Not for Distribution. Any Option Shares or other ----------------------------- securities acquired by Grantee or Holder upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 3 contracts

Samples: Meridian Stock Option Agreement (Corestates Financial Corp), Corestates Stock Option Agreement (Corestates Financial Corp), Agreement and Plan of Merger (Corestates Financial Corp)

Purchase Not for Distribution. Any This Option is not being, and any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be, acquired with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act. 7.

Appears in 2 contracts

Samples: Stock Option Agreement (NBC Capital Corp), Agreement and Plan of Merger (Mainstreet Bankgroup Inc)

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will be acquired for investment and not with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 2 contracts

Samples: Company Option Agreement (Gemstar International Group LTD), Company Option Agreement (Furon Co)

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 2 contracts

Samples: Stock Option Agreement (Rto Inc), Stock Option Agreement (Chase Manhattan Corp /De/)

Purchase Not for Distribution. Any This Option is not being, and any ----------------------------- Option Shares or other securities acquired by Grantee upon exercise of the Option will not be, acquired with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 2 contracts

Samples: Stock Option Agreement (Richmond County Financial Corp), Stock Option Agreement (Richmond County Financial Corp)

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Purchase Not for Distribution. Any Option Shares shares or other securities acquired by Grantee upon exercise of the Option will are acquired for its own account, and shall not be transferred or otherwise disposed of except in a transaction registered, or exempt from registration, under the Securities Act.

Appears in 2 contracts

Samples: Annex a Option Agreement (Vanguard Cellular Systems Inc), Option Agreement (At&t Corp)

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act. 6.

Appears in 1 contract

Samples: Stock Option Agreement (Home Choice Holdings Inc)

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will shall not be transferred or otherwise disposed of except in a transaction registered, or exempt from registration, under the Securities Act.a

Appears in 1 contract

Samples: Green Stock Option Agreement (CSX Corp)

Purchase Not for Distribution. Any Option Shares ----------------------------- or other securities acquired by Grantee upon exercise of the Option will not be taken with a view to the public distribution thereof and will not be transferred or otherwise disposed of except in a transaction registered, registered or exempt from registration, registration under the Securities Act.

Appears in 1 contract

Samples: Stock Option Agreement (Alrenco Inc)

Purchase Not for Distribution. Any Option Shares or other securities acquired by Grantee upon exercise of the Option will shall not be transferred or otherwise disposed of except in a transaction registered, or exempt from registration, under the Securities Act.otherwise

Appears in 1 contract

Samples: White Stock Option Agreement (CSX Corp)

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