Common use of Additional Conditions to Release from Escrow Clause in Contracts

Additional Conditions to Release from Escrow. The Company shall not be required to issue any certificate or certificates for Shares hereunder or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date of Award of the Restricted Stock as the Committee may establish from time to time for reasons of administrative convenience.

Appears in 4 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Tibco Software Inc), Restricted Stock Agreement (Tibco Software Inc)

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Additional Conditions to Release from Escrow. The Company shall not be required to issue any Shares hereunder (in certificate or certificates for Shares hereunder book entry form) or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee shall, in its absolute sole discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee shall, in its absolute sole discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date date of Award grant of the Restricted Stock as the Committee may establish from time to time for reasons of administrative convenience.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Applied Materials Inc /De), Restricted Stock Agreement (Applied Materials Inc /De)

Additional Conditions to Release from Escrow. The Company TIBCO shall not be required to issue any certificate or certificates for Shares hereunder or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date of Award of the Restricted Stock as the Committee may establish from time to time for reasons of administrative convenience.

Appears in 1 contract

Samples: 2001 Stock Option and Incentive Plan (Tibco Software Inc)

Additional Conditions to Release from Escrow. The Company shall not be required to issue any Shares hereunder (in certificate or certificates for Shares hereunder book entry form) or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date date of Award grant of the Restricted Stock as the Committee may establish from time to time for reasons of administrative convenience.

Appears in 1 contract

Samples: Restricted Stock Agreement (Applied Materials Inc /De)

Additional Conditions to Release from Escrow. The Company shall will not be required to issue any Shares hereunder (in certificate or certificates for Shares hereunder book entry form) or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. U.S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee shallwill, in its absolute sole discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. U.S. state or federal governmental agency, which the Committee shallwill, in its absolute sole discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date date of Award grant of the Restricted Stock as the Committee may establish from time to time for reasons of administrative convenience.

Appears in 1 contract

Samples: Restricted Stock Agreement (Applied Materials Inc /De)

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Additional Conditions to Release from Escrow. The Company shall not be required to issue any certificate or certificates for Shares hereunder or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee Administrator shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee Administrator shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date of Award of the Restricted Stock as the Committee Administrator may establish from time to time for reasons of administrative convenience.

Appears in 1 contract

Samples: Restricted Stock Agreement (Tibco Software Inc)

Additional Conditions to Release from Escrow. The Company shall not be required to issue any certificate or certificates for Shares hereunder or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date date of Award grant of the Restricted Stock as the Committee may establish from time to time for reasons of administrative convenience.

Appears in 1 contract

Samples: Restricted Stock Agreement (Applied Materials Inc /De)

Additional Conditions to Release from Escrow. The Company shall not be required to issue any certificate or certificates for Shares hereunder or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any U. S. state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Committee Plan Administrator shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any U. S. state or federal governmental agency, which the Committee Plan Administrator shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the Date date of Award grant of the Restricted Stock as the Committee Plan Administrator may establish from time to time for reasons of administrative convenience.

Appears in 1 contract

Samples: Restricted Stock Agreement (Carrier Access Corp)

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