Common use of Compliance with Applicable Legal Requirements Clause in Contracts

Compliance with Applicable Legal Requirements. No unrestricted shares of Company common stock deliverable pursuant to this Agreement shall be delivered unless the such delivery complies with all applicable legal requirements, including compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the requirements of the exchange(s) on which the Company’s common stock may, at the time, be listed. Any stock certificate or book-entry evidencing shares of Company common stock to be delivered pursuant to this Agreement that are subject to securities law restrictions shall bear or be accompanied by an appropriate restrictive legend or stop transfer instruction.

Appears in 4 contracts

Samples: Restricted Share Award Agreement (AV Homes, Inc.), Incentive Compensation Plan (AV Homes, Inc.), Performance Share Award Agreement (AV Homes, Inc.)

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