Conditions on Obligations. The Company shall not be obligated to issue shares of Common Stock upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.
Appears in 21 contracts
Samples: Incentive Stock Option Agreement (SunOpta Inc.), Incentive Stock Option Award Agreement (SunOpta Inc.), Incentive Stock Option Award Agreement (SunOpta Inc.)
Conditions on Obligations. The Company shall not be obligated to issue common shares of Common Stock upon exercise of the Option Options if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its reasonable best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the OptionOptions.
Appears in 5 contracts
Samples: Stock Option Award Agreement (SunOpta Inc.), Stock Option Award Agreement (SunOpta Inc.), Stock Option Award Agreement (SunOpta Inc.)
Conditions on Obligations. The Company shall not be obligated to issue shares of Class A Common Stock upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.
Appears in 3 contracts
Samples: Stock Option Agreement (ESCO Corp), Stock Option Agreement (ESCO Corp), Stock Option Agreement (ESCO Corp)
Conditions on Obligations. The Company shall is not be obligated to issue shares of Common Stock upon exercise of the Option if the Company is advised by its legal counsel that such the issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Erickson Air-Crane Inc), Incentive Stock Option Agreement (Erickson Air-Crane Inc)
Conditions on Obligations. The Company shall not be obligated to issue shares of Nonvoting Common Stock upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.
Appears in 2 contracts
Samples: Stock Option Agreement (Columbia Sportswear Co), Stock Option Agreement (Columbia Sportswear Co)
Conditions on Obligations. The Company shall not be obligated to issue shares of Common Stock upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.securities
Appears in 1 contract
Samples: Executive Stock Option Agreement (Columbia Sportswear Co)
Conditions on Obligations. The Company shall not be obligated to issue shares of Common Stock upon exercise of the Option if the Company is advised by its legal counsel that such issuance would violate applicable state or federal laws, including securities laws. The Company will use its best efforts to take steps required by state or federal law or applicable regulations in connection with issuance of shares upon exercise of the Option.
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (ADVANCED MEDICAL ISOTOPE Corp)
