Common use of Compliance with Federal Securities Laws and Other Applicable Laws Clause in Contracts

Compliance with Federal Securities Laws and Other Applicable Laws. Notwithstanding anything to contrary in this Agreement or in the Plan, to the extent permitted by Section 409A of the Code and any treasury regulations or other applicable guidance promulgated with respect thereto, the issuance or delivery of any Shares pursuant to this Agreement may be delayed if the Company reasonably anticipates that the issuance or delivery of the Shares will violate Federal securities laws or other applicable law; provided that delivery or issuance of the Shares shall be made at the earliest date at which the Company reasonably anticipates that such delivery or issuance will not cause a violation.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Itt Inc.), Restricted Stock Unit Award Agreement (Itt Inc.), Restricted Stock Unit Award Agreement (Xylem Inc.)

AutoNDA by SimpleDocs

Compliance with Federal Securities Laws and Other Applicable Laws. Notwithstanding anything to the contrary in this Agreement or in the Plan, to the extent permitted by Section 409A of the Code and any treasury regulations or other applicable guidance promulgated with respect thereto, the issuance or delivery of any Shares pursuant to this Agreement may be delayed if the Company reasonably anticipates that the issuance or delivery of the Shares will violate Federal securities laws or other applicable law; provided that delivery or issuance of the Shares shall be made at the earliest date at which the Company reasonably anticipates that such delivery or issuance will not cause a violation.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (V2X, Inc.), Restricted Stock Unit Award Agreement (Vectrus, Inc.), Restricted Stock Unit Award Agreement (Vectrus, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!