Common use of Director Representations Clause in Contracts

Director Representations. Director hereby represents and warrants that Director has reviewed with his or her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Director is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Director understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Allied Esports Entertainment, Inc.), Stock Option Agreement (Famous Daves of America Inc), Stock Option Agreement (Famous Daves of America Inc)

AutoNDA by SimpleDocs

Director Representations. Director hereby represents and warrants that Director has reviewed with his or his/her own tax advisors the federal, state, and local tax consequences of the transactions contemplated by this Agreement. Director is relying solely on such advisors and not on any statements or representation of the Company or any of its agents. Director understands that he or she will be solely responsible for any tax liability that may result to him or her as a result of the transactions contemplated by this Agreement. The Option, if exercised, will be exercised for investment and not with a view to the sale or distribution of the Shares to be received upon exercise thereof.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Predictive Oncology Inc.), Non Qualified Stock Option Agreement (Table Trac Inc), Non Qualified Stock Option Agreement (Skyline Medical Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.