Common use of Additional Conditions to Exercise Clause in Contracts

Additional Conditions to Exercise. The Company may postpone issuing and delivering any Option Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Option Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to exercise the Option after your death is entitled to do so; your complying with any requests for representations under the Plan; and your complying with any Federal, state, or local tax withholding obligations. Additional Representations from You If you exercise the Option at a time when the Company does not have a current registration statement (generally on Form S-8) under the Securities Act of 1933 (the “Act”) that covers issuances of shares to you, you must comply with the following before the Company will issue the Option Shares to you. You must — represent to the Company, in a manner satisfactory to the Company’s counsel, that you are acquiring the Option Shares for your own account and not with a view to reselling or distributing the Option Shares; and agree that you will not sell, transfer, or otherwise dispose of the Option Shares unless:

Appears in 8 contracts

Samples: Nonqualified Stock Option Grant Agreement (HMS Holdings Corp), Nonqualified Stock Option Grant Agreement (HMS Holdings Corp), Nonqualified Stock Option Grant Agreement (HMS Holdings Corp)

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Additional Conditions to Exercise. The Company may postpone issuing and delivering any Option Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Option Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to exercise the Option after your death is entitled to do so; your complying with any requests for representations under the HDI Plan; and your complying with any Federal, state, or local tax withholding obligations. Additional Representations from You If you exercise the Option at a time when the Company does not have a current registration statement (generally on Form S-8) under the Securities Act of 1933 (the “Act”) that covers issuances of shares to you, you must comply with the following before the Company will issue the Option Shares to you. You must — represent to the Company, in a manner satisfactory to the Company’s counsel, that you are acquiring the Option Shares for your own account and not with a view to reselling or distributing the Option Shares; and agree that you will not sell, transfer, or otherwise dispose of the Option Shares unless:

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement for Employees (HMS Holdings Corp)

Additional Conditions to Exercise. The Company may postpone issuing and delivering any Option Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Option Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to exercise the Option after your death is entitled to do so; your complying with any requests for representations under the Plan; and its or your complying with any Federalfederal, state, or local tax withholding obligations. Additional Representations from You If you exercise the an Option at a time when the Company does not have a current registration statement (generally on Form S-8) under the Securities Act of 1933 (the “Act”) that covers issuances of shares to you, you must comply with the following before the Company will issue the Option Shares to you. You must — represent to the Company, in a manner satisfactory to the Company’s counsel, that you are acquiring the Option Shares for your own account and not with a view to reselling or distributing the Option Shares; and agree that you will not sell, transfer, or otherwise dispose of the Option Shares unless:

Appears in 1 contract

Samples: Stock Incentive Plan Incentive Stock Option Agreement (Biodel Inc)

Additional Conditions to Exercise. The Company may postpone issuing and delivering any Option Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Option Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to exercise the Option after your death is entitled to do so; your complying with any requests for representations under the Plan; and its or your complying with any Federalfederal, state, or local tax withholding obligations. Additional Representations from You If you exercise the an Option at a time when the Company does not have a current registration statement (generally on Form S-8) under the Securities Act of 1933 (the “Act”) that covers issuances of shares to you, you must comply with the following before the Company will issue the Option Shares to you. You must — represent to the Company, in a manner satisfactory to the Company’s counsel, that you are acquiring the Option Shares for your own account and not with a view to reselling or distributing the Option Shares; and 62 agree that you will not sell, transfer, or otherwise dispose of the Option Shares unless:: a registration statement under the Act is effective at the time of disposition with respect to the Option Shares you propose to sell, transfer, or otherwise dispose of; or the Company has received an opinion of counsel or other information and representations it considers satisfactory to the effect that, because of Rule 144 under the Act or otherwise, no registration under the Act is required.

Appears in 1 contract

Samples: Stock Incentive Plan Nonstatutory Stock Option Agreement (Biodel Inc)

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Additional Conditions to Exercise. The Company may postpone issuing and delivering any Option Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Option Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to exercise the Option after your death is entitled to do so; your complying with any requests for representations under the Plan; and and/or your complying with any Federal, state, or local tax withholding obligations. Additional Representations from You If you exercise the Option at a time when the Company does not have a current registration statement (generally on Form S-8) under the Securities Act of 1933 (the “Act”) that covers issuances of shares to you, you must comply with the following before the Company will issue the Option Shares to you. You must — represent to the Company, in a manner satisfactory to the Company’s counsel, that you are acquiring the Option Shares for your own account and not with a view to reselling or distributing the Option Shares; and agree that you will not sell, transfer, or otherwise dispose of the Option Shares unless:

Appears in 1 contract

Samples: HMS Holdings Corp

Additional Conditions to Exercise. The Company may postpone issuing and delivering any Option Shares for so long as the Company determines to be advisable to satisfy the following: its completing or amending any securities registration or qualification of the Option Shares or its or your satisfying any exemption from registration under any Federal or state law, rule, or regulation; its receiving proof it considers satisfactory that a person seeking to exercise the Option after your death is entitled to do so; your complying with any requests for representations under the Plan; and your complying with any Federalfederal, state, or local tax withholding obligations. Additional Representations from You If you exercise the an Option at a time when the Company does not have a current registration statement (generally on Form S-8) under the Securities Act of 1933 (the "Act") that covers issuances of shares to you, you must comply with the following before the Company will issue the Option Shares to you. You must - represent to the Company, in a manner satisfactory to the Company’s 's counsel, that you are acquiring the Option Shares for your own account and not with a view to reselling or distributing the Option Shares; and agree that you will not sell, transfer, or otherwise dispose of the Option Shares unless:

Appears in 1 contract

Samples: Stock Option Agreement (Mechanical Technology Inc)

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