Common use of COMPLIANCE WITH LAW AND APPROVAL OF REGULATORY BODIES Clause in Contracts

COMPLIANCE WITH LAW AND APPROVAL OF REGULATORY BODIES. No Option shall be exercisable, no Common Stock shall be issued, no certificates for shares of Common Stock shall be delivered, and no payment shall be made under this Plan except in compliance with all applicable federal and state laws and regulations (including, without limitation, withholding tax requirements), and applicable requirements of any exchange or other market having authority over the trading of the Company's shares.

Appears in 3 contracts

Samples: 1998 Non Employee Director Stock Compensation Plan (C & F Financial Corp), Non Employee Director Stock Option Plan (Fauquier Bankshares Inc), Non Employee Director Stock Compensation Plan (Commonwealth Bankshares Inc)

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COMPLIANCE WITH LAW AND APPROVAL OF REGULATORY BODIES. No Option shall be exercisable, no Common Stock shall be issued, no certificates for shares of Common common Stock shall be delivered, and no payment shall be made under this Plan except in compliance with all applicable federal and state laws and regulations (including, without limitation, withholding tax requirements), and applicable requirements of any exchange or other market having authority over the trading of the Company's shares.

Appears in 1 contract

Samples: Non Employee Director Stock Option Plan (Fauquier Bankshares Inc)

COMPLIANCE WITH LAW AND APPROVAL OF REGULATORY BODIES. No Option shall be exercisable, no Common Stock shall be issued, no certificates for shares of Common Stock shall be delivered, and no payment shall be made under this Plan except in compliance with all applicable federal and state laws and regulations (including, without limitation, withholding tax requirements), and applicable requirements of any exchange or other market having authority over the trading of the Company's shares.

Appears in 1 contract

Samples: 1997 Non Employee Director Stock Compensation Plan (Cadmus Communications Corp/New)

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COMPLIANCE WITH LAW AND APPROVAL OF REGULATORY BODIES. No Option shall be exercisable, no Common Stock shall be issued, no certificates for shares of Common Stock shall be delivered, and no payment shall be made under this Plan except in compliance with all applicable federal and state laws and regulations (including, without limitation, withholding tax requirements), and applicable requirements of any exchange or other market having authority over the trading of the Company's ’s shares.

Appears in 1 contract

Samples: 1998 Non Employee Director Stock Compensation Plan (C & F Financial Corp)

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