Certain Restrictions Clause Example from Business Contracts

Certain Restrictions. By accepting the Performance Award, the Executive agrees that if at the time of delivery of the shares of Common Stock issued hereunder any sale of such shares is not covered by an effective registration statement filed under the Securities Act of 1933 (the "Act"), the Executive will acquire the Common Stock for the Executive's own account and without a view to resale or distribution in violation of the Act or any other securities law, and upon any such acquisition the Executive will enter into... such written representations, warranties and agreements as the Company may reasonably request in order to comply with the Act or any other securities law or with this Performance Award Agreement. View More