Common use of Compliance with Legal and Other Requirements Clause in Contracts

Compliance with Legal and Other Requirements. The Company may, to the extent deemed necessary or advisable by the Board, postpone the issuance or delivery of Restricted Shares or other payment of other benefits under the Restricted Shares until completion of the registration or qualification of such Restricted Shares or other required action under any federal or state law, rule or regulation, listing or other required action with respect to any national securities exchange, automated quotation system or any other stock exchange or stock market upon which the Common Stock or other securities of the Company are listed or quoted, or compliance with any other obligation of the Company, as the Board may consider appropriate, and may require the Grantee to make such representations, furnish such information and comply with or be subject to such other conditions as it may consider appropriate in connection with the issuance or delivery of the Restricted Shares or payment of other benefits in compliance with applicable laws, rules, regulations, listing requirements, or other applicable obligations.