Common use of Conditions to Delivery of Stock Clause in Contracts

Conditions to Delivery of Stock. Subject to Section 2.5, the shares of Stock deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Stock or issued shares of Stock which have then been reacquired by the Company. Such shares of Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Stock deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Electronics for Imaging Inc), Restricted Stock Unit Award Agreement (Electronics for Imaging Inc), Restricted Stock Unit Award Agreement (Electronics for Imaging Inc)

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Conditions to Delivery of Stock. Subject to Section 2.52.1 hereof, the shares of Stock deliverable hereunderShares issued under this Award, or any portion thereof, may be either previously authorized but unissued shares of Stock, treasury shares of Stock or issued shares of Stock which have then been reacquired by the CompanyCompany on the open market. Such shares of Stock Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Stock deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Codexis Inc), Restricted Stock Agreement (Codexis Inc)

Conditions to Delivery of Stock. Subject to Section 2.510.5 of the Plan, the shares of Stock deliverable hereunderupon the exercise of the Option, or any portion thereof, may be either previously authorized but unissued shares of Stock or issued shares of Stock which have then been reacquired by the Company. Such shares of Stock shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Stock deliverable hereunder purchased upon the exercise of the Option or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Stock Option Agreement (Electronics for Imaging Inc)

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Conditions to Delivery of Stock. Subject to Section 2.52.6 hereof, the shares of Stock Shares deliverable hereunder, or any portion thereof, may be either previously authorized but unissued shares of Stock Shares or issued shares of Stock which have then been reacquired by the Companytreasury Shares. Such shares of Stock Shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Stock Shares deliverable hereunder or portion thereof prior to fulfillment of all of the following conditions:

Appears in 1 contract

Samples: Employment and Non Competition Agreement (ASGN Inc)

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