Common use of Compliance Restrictions Clause in Contracts

Compliance Restrictions. The Company shall not be obligated to issue to the Participant the Shares upon the vesting of this SSAR (or otherwise) unless the issuance and delivery of such Shares shall comply with all relevant provisions of law and other legal requirements including any applicable federal or state securities laws and the requirements of any stock exchange or quotation system upon which Common Stock may then be listed or quoted.

Appears in 3 contracts

Samples: Stock Settled Appreciation Right Agreement (Panera Bread Co), Stock Settled Appreciation Right Agreement (Panera Bread Co), Stock Settled Appreciation Right Agreement (Panera Bread Co)

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Compliance Restrictions. The Company shall not be obligated to issue to the Participant the Shares upon the vesting of this SSAR the SAR (or otherwise) unless (i) the Participant has complied with covenants set forth in Section 9 of this Agreement and (ii) the issuance and delivery of such Shares shall comply with all relevant provisions of law and other legal requirements including any applicable federal or state securities laws and the requirements of any stock exchange or quotation system upon which Common Stock may then be listed or quoted.

Appears in 2 contracts

Samples: Stock Appreciation Right Agreement, Stock Appreciation Right Agreement (Centene Corp)

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