Common use of Ability to Bear Economic Risk Clause in Contracts

Ability to Bear Economic Risk. The Grantee acknowledges that investment in the Units (and any Shares issued upon vesting) involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Shares for an indefinite period of time and to suffer a complete loss of its investment.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Invicta Media Investments, LLC), Restricted Stock Unit Award Agreement (Invicta Media Investments, LLC), Restricted Stock Unit Award Agreement (iMedia Brands, Inc.)

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Ability to Bear Economic Risk. The Grantee acknowledges that investment in the Units Restricted Shares (and any Shares issued upon vesting) involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Shares for an indefinite period of time and to suffer a complete loss of its investment.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (EVINE Live Inc.), Restricted Stock Award Agreement (EVINE Live Inc.)

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