Common use of Ability to Bear Economic Risk Clause in Contracts

Ability to Bear Economic Risk. Director acknowledges that investment in the Restricted Stock involves a high degree of risk, and represents that he is able, without materially impairing his financial condition, to hold the Restricted Stock for an indefinite period of time and to suffer a complete loss of his investment.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement (Octagon 88 Resources, Inc.), Restricted Stock Award Agreement (Ironwood Gold Corp), Restricted Stock Award Agreement (Ironwood Gold Corp)

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Ability to Bear Economic Risk. Director Advisor acknowledges that investment in the Restricted Stock involves a high degree of risk, and represents that he is able, without materially impairing his financial condition, to hold the Restricted Stock for an indefinite period of time and to suffer a complete loss of his investment.

Appears in 4 contracts

Samples: Board Advisory Agreement (First China Pharmaceutical Group, Inc.), Board Advisory Agreement (XcelMobility Inc.), Board Advisory Agreement (XcelMobility Inc.)

Ability to Bear Economic Risk. Director acknowledges that his investment in the Restricted Stock involves a high degree of risk, and represents that he is able, without materially impairing his financial condition, to hold the Restricted Stock for an indefinite period of time time, and to suffer a complete loss of his investment.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (NewGen BioPharma Corp.)

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Ability to Bear Economic Risk. Director Advisor acknowledges that an investment in the Restricted Stock involves a high degree of risk, and represents that he is able, without materially impairing his financial condition, to hold the Restricted Stock for an indefinite period of time and to suffer a complete loss of his investment.

Appears in 1 contract

Samples: Board Advisory Agreement (Eco Science Solutions, Inc.)

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