Common use of CONDITIONS OF RESALE Clause in Contracts

CONDITIONS OF RESALE. Optionee agrees to comply with all applicable federal and state securities laws and rules and regulations thereunder in connection with the resale of any shares of Common Stock which shall have been received upon exercise of this Option, and Optionee further agrees to comply with all requirements of the Company with respect to the timing of such resale which may be reasonably imposed by the Company as conditions of such resale. Optionee will, as a condition to exercise of the Option, enter into an agreement with the Company pursuant to which the Company shall have a right of first refusal with respect to the transfer of the Option Shares. Such agreement shall be in the form acceptable to the Company and may include other provisions concerning transfer or voting of the Option Shares which are applicable to other stockholders of the Company. The Company may, in its discretion, place a legend on stock certificates issued in connection with the exercise of this Stock Option in order to insure compliance with the Securities Act of 1933, as amended and the Stockholders' Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (Healthgate Data Corp), Stock Option Agreement (Healthgate Data Corp)

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CONDITIONS OF RESALE. Optionee agrees to comply with all applicable federal and state securities laws and rules and regulations thereunder in connection with the resale of any shares of Common Stock which shall have been received upon exercise of this Option, and Optionee further agrees to comply with all requirements of the Company with respect to the timing of such resale which may be reasonably imposed by the Company as conditions of such resale. Optionee will, as a condition to exercise of the Option, enter into an agreement with the Company pursuant to which the Company shall have a right of first refusal with respect to the transfer of the Option Shares. Such agreement shall be in the form acceptable to the Company and may include other provisions concerning transfer or voting of the Option Shares which are applicable to some or all other stockholders of the Company. The Company may, in its discretion, place a legend on stock certificates issued in connection with the exercise of this Stock Option in order to insure compliance with the Securities Act of 1933, as amended and the Stockholders' Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Healthgate Data Corp)

CONDITIONS OF RESALE. Optionee agrees to comply with all applicable federal and state securities laws and rules and regulations thereunder in connection with the resale of any shares of Common Stock which shall have been received upon exercise of this Option, and Optionee further agrees to comply with all requirements of the Company with respect to the timing of such resale which may be reasonably imposed by the Company as conditions of such resale. Optionee will, as a condition to exercise of the Option, enter into an agreement with the Company pursuant to which the Company shall have a right of first refusal with respect to the transfer of the Option Shares. Such agreement shall be in the form acceptable to the Company and may include other provisions concerning transfer or voting of the Option Shares which are applicable to other stockholders of the Company. The Company may, in its discretion, place a legend on stock certificates issued in connection with the exercise of this Stock Option in order to insure compliance with the Securities Act of 1933, as amended and the Stockholders' Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Healthgate Data Corp)

CONDITIONS OF RESALE. Optionee agrees to comply with all applicable federal and state securities laws and rules and regulations thereunder in connection with the resale of any shares of Common Stock which shall have been received upon exercise of this Option, and Optionee further agrees to comply with all requirements of the Company with respect to the timing of such resale which may be reasonably imposed by the Company as conditions of such resale. Optionee will, as a condition to exercise of the Option, enter into an agreement with the Company pursuant to which the Company shall have a right of first refusal with respect to the transfer of the Option Shares. Such agreement shall be in the form acceptable to the Company and may include other provisions concerning transfer or voting of the Option Shares which are applicable to other stockholders of the Company. The Company may, in its discretion, place a legend on stock certificates issued in connection with the exercise exercise, of this Stock Option in order to insure compliance with the Securities Act of 1933, as amended and the Stockholders' Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Healthgate Data Corp)

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CONDITIONS OF RESALE. Optionee agrees to comply with all applicable federal and state securities laws and rules and regulations thereunder in connection with the resale of any shares of Common Stock which shall have been received upon exercise of this Option, and Optionee further agrees to comply with all requirements of the Company with respect to the timing of such resale which may be reasonably imposed by the Company as conditions of such resale. Optionee will, as a condition to exercise of the Option, enter into an agreement with the Company pursuant to which the Company shall have a right of first refusal with respect to the transfer of the Option Shares. Such agreement shall be in the form acceptable to the Company and may include other provisions concerning transfer or voting of the Option Shares which are applicable to some or all other stockholders of the Company. The Company may, in its discretion, place a legend on stock certificates issued in connection with the exercise of this Stock Option in order to insure compliance with the Securities Act of 1933, as amended and the Stockholders' Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Healthgate Data Corp)

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