Conditions to Delivery of Ordinary Shares. Subject to Section 11.4 of the Plan, the Ordinary Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued Ordinary Shares or issued Ordinary Shares which have then been reacquired by the Company. Such Ordinary Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Ordinary Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions: (a) The admission of such Ordinary Shares to listing on all stock exchanges on which the Ordinary Shares are then listed; (b) The completion of any registration or other qualification of such Ordinary Shares under any state or federal law or under rulings or regulations of the Securities and Exchange Commission or of any other governmental regulatory body, which the Administrator shall, in its absolute discretion, deem necessary or advisable; (c) The obtaining of any approval or other clearance from any state or federal governmental agency which the Administrator shall, in its absolute discretion, determine to be necessary or advisable; (d) The receipt by the Company of full payment for such Ordinary Shares, including payment of any applicable withholding tax, which may be in one or more of the forms of consideration permitted under Section 2.6 hereof; and (e) The lapse of such reasonable period of time following the vesting of any Restricted Share Units as the Administrator may from time to time establish for reasons of administrative convenience.
Appears in 2 contracts
Samples: Restricted Share Unit Award Agreement (Avago Technologies LTD), Restricted Share Unit Award Agreement (Avago Technologies LTD)
Conditions to Delivery of Ordinary Shares. Subject to Section 11.4 13.3 of the Plan, the Ordinary Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued Ordinary Shares or issued Ordinary Shares which have then been reacquired by the Company. Such Ordinary Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Ordinary Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:
(a) The admission of such Ordinary Shares to listing on all stock exchanges on which the Ordinary Shares are then listed;
(b) The completion of any registration or other qualification of such Ordinary Shares under any state or federal law or under rulings or regulations of the Securities and Exchange Commission or of any other governmental regulatory body, which the Administrator Committee shall, in its absolute discretion, deem necessary or advisable;
(c) The obtaining of any approval or other clearance from any state or federal governmental agency which the Administrator Committee shall, in its absolute discretion, determine to be necessary or advisable;
(d) The receipt by the Company of full payment for such Ordinary Shares, including payment of any applicable withholding taxTax Obligation, which may be in one or more of the forms of consideration permitted under Section 2.6 hereof; and
(e) The lapse of such reasonable period of time following the vesting of any Restricted Share Units as the Administrator Committee may from time to time establish for reasons of administrative convenience.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Avago Technologies LTD)
Conditions to Delivery of Ordinary Shares. Subject to Section 11.4 VI of Article Five of the Plan, the Ordinary Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued Ordinary Shares or issued Ordinary Shares which have then been reacquired by the Company. Such Ordinary Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Ordinary Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:
: (a) The admission of such Ordinary Shares to listing on all stock exchanges on which the Ordinary Shares are then listed;
; (b) The completion of any registration or other qualification of such Ordinary Shares under any state state, federal or federal foreign law or under rulings or regulations of the Securities and Exchange Commission or of any other governmental regulatory body, which the Plan Administrator shall, in its absolute discretion, deem necessary or advisable;
; (c) The obtaining of any approval or other clearance from any state state, federal or federal foreign governmental agency which the Plan Administrator shall, in its absolute discretion, determine to be necessary or advisable;
(d) The receipt by the Company of full payment for such Ordinary Shares, including payment of any applicable withholding tax, which may be in one or more of the forms of consideration permitted under Section 2.6 hereof; and
(e) The lapse of such reasonable period of time following the vesting of any Restricted Share Units as the Administrator may from time to time establish for reasons of administrative convenience.4
Appears in 1 contract
Conditions to Delivery of Ordinary Shares. Subject to Section 11.4 VI of Article Five of the Plan, the Ordinary Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued Ordinary Shares or issued Ordinary Shares which have then been reacquired by the Company. Such Ordinary Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any Ordinary Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:
: (a) The admission of such Ordinary Shares to listing on all stock exchanges on which the Ordinary Shares are then listed;
; (b) The completion of any registration or other qualification of such Ordinary Shares under any state state, federal or federal foreign law or under rulings or regulations of the Securities 5 US-DOCS\99354520.2 and Exchange Commission or of any other governmental regulatory body, which the Plan Administrator shall, in its absolute discretion, deem necessary or advisable;
; (c) The obtaining of any approval or other clearance from any state state, federal or federal foreign governmental agency which the Plan Administrator shall, in its absolute discretion, determine to be necessary or advisable;
; (d) The receipt by the Company of full payment for such Ordinary Shares, including payment of any applicable withholding tax, which may be in one or more of the forms of consideration permitted under Section 2.6 hereof; and
and (e) The lapse of such reasonable period of time following the vesting of any Restricted Share Units a Vesting Date as the Plan Administrator may from time to time establish for reasons of administrative convenience.. ARTICLE III
Appears in 1 contract
Samples: Performance Share Unit Agreement