Conditions to Issuance of Stock. The shares of Stock deliverable upon settlement of the Restricted Stock Units, the Dividend Equivalent Rights, or any portion of either, may be either previously authorized but unissued shares or issued shares which have then been reacquired by the Company. Such shares shall be fully paid and nonassessable. The Company shall not be required to issue or deliver any shares of Stock in settlement of the Restricted Stock Units, the Dividend Equivalent Rights, or any portion of either, prior to fulfillment of all of the following conditions:
Appears in 5 contracts
Samples: Restricted Stock Unit Award Grant Agreement (Allergan Inc), Restricted Stock Unit Award Grant Agreement (Allergan Inc), Restricted Stock Unit Grant Agreement (Allergan Inc)
