Common use of ADDITIONAL RESTRICTIONS ON EXERCISE Clause in Contracts

ADDITIONAL RESTRICTIONS ON EXERCISE. This Option may not be exercised ----------------------------------- if the issuance of shares upon such exercise would constitute a violation of any applicable federal or state securities or other law or regulation, including, without limitation, the Internal Revenue Code of 1986, as amended, and the Securities Act of 1933, as amended. As a condition to the exercise of this Option, the Company may require the person exercising this Option to make any representation or warranty to the Company as may be required by applicable law or regulation or other restriction or agreement binding upon or otherwise affecting the Shares of the Company.

Appears in 7 contracts

Samples: Bales Stock Option Agreement (Mirenco Inc), Mirenco Inc, Mirenco Inc

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ADDITIONAL RESTRICTIONS ON EXERCISE. This Option may not be exercised ----------------------------------- if the issuance of shares upon such exercise would constitute a violation of any applicable federal or state securities or other law or regulation, including, without limitation, the Internal Revenue Code of 1986, as amended, and the Securities Act of 1933, as amended. As a condition to the exercise of this Option, the Company may require the person exercising this Option to make any representation or warranty to the Company as may be required by applicable law or regulation or other restriction or agreement binding upon or otherwise affecting the Shares of the Company.

Appears in 7 contracts

Samples: Stock Option Agreement (Mirenco Inc), Stock Option Agreement (Mirenco Inc), Stock Option Agreement (Mirenco Inc)

ADDITIONAL RESTRICTIONS ON EXERCISE. This Option may not be exercised ----------------------------------- if the issuance of shares upon such exercise would constitute a violation of any applicable federal or state securities or other law or regulation, including, without limitation, the Internal Revenue Code of 1986, as amended, and or regulations promulgated thereunder, or Section 16(b) of the Securities Exchange Act of 19331934, as amended. As a condition to the exercise of this Option, the Company may require the person exercising this Option to make any representation or warranty to the Company as may be required by applicable law or regulation or other restriction or agreement binding upon or otherwise affecting the Shares of the Company.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Winnebago Industries Inc), Incentive Stock Option Agreement (Winnebago Industries Inc), Qualified Stock Option Agreement (Winnebago Industries Inc)

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ADDITIONAL RESTRICTIONS ON EXERCISE. This In addition to the restrictions set forth in Section 3 above, this Option may not be exercised ----------------------------------- if the issuance of shares such Shares upon such exercise or the method of payment of consideration for such Shares would constitute a violation of any applicable federal or state securities or other law or regulation, including, without limitation, the Internal Revenue Code of 1986, as amended, and the Securities Act of 1933, as amended. As a condition to the exercise of this Option, the Company may require the person exercising this Option Optionee to make any representation or and warranty to the Company as may be required by any applicable law or regulation or other restriction or agreement binding upon or otherwise affecting the Shares of the Companyregulation.

Appears in 1 contract

Samples: Star Scientific Inc

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