Understanding of Risks. Purchaser is a founder of the Company and is fully aware of: (a) the highly speculative nature of the investment in the Shares; (b) the financial hazards involved; (c) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (d) the qualifications and backgrounds of the management of the Company; and (e) the tax consequences of investment in the Shares.
Appears in 5 contracts
Samples: S Restricted Stock Purchase Agreement (BeBop Channel Corp), S Restricted Stock Purchase Agreement (BeBop Channel Corp), Restricted Stock Purchase Agreement
Understanding of Risks. Purchaser is a founder an officer of the Company ---------------------- and is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that ---- Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 4 contracts
Samples: Restricted Stock Purchase Agreement (Lexar Media Inc), Restricted Stock Purchase Agreement (Lexar Media Inc), Restricted Stock Purchase Agreement (Lexar Media Inc)
Understanding of Risks. Purchaser is a founder of the Company and ---------------------- is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Liquid Audio Inc), Assignment Agreement (Liquid Audio Inc)
Understanding of Risks. Purchaser is a founder of the Company and ---------------------- is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that ---- Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Onsale Inc), Restricted Stock Purchase Agreement (Onsale Inc)
Understanding of Risks. Purchaser is a founder of the Company and is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 2 contracts
Samples: Restricted Stock Purchase Agreement (Handspring Inc), Restricted Stock Purchase Agreement (Handspring Inc)
Understanding of Risks. Purchaser is a founder of the Company and is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g.E.G., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications qualification and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 1 contract
Samples: Joint Venture and Stock Purchase Agreement (Two Way Tv Us Inc)
Understanding of Risks. Purchaser is a founder of the Company ---------------------- and is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that ---- Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 1 contract
Samples: S Restricted Stock Purchase Agreement (Alladvantage Com Inc)
Understanding of Risks. Purchaser is a founder director and/or officer ---------------------- of the Company and is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use ----- them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 1 contract
Samples: Exodus Communications Inc
Understanding of Risks. Purchaser is a founder of the Company and is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of Purchaser's investment in the Shares.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (HNC Software Inc/De)
Understanding of Risks. Purchaser is a founder of the Company and ---------------------- is fully aware of: (ai) the highly speculative nature of the investment in the Shares; (bii) the financial hazards involved; (ciii) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that --- Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (div) the qualifications and backgrounds of the management of the Company; and (ev) the tax consequences of investment in the Shares.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Liquid Audio Inc)
