Common use of Conditions Upon Issuance of Shares Clause in Contracts

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) As a condition to the exercise of an Option, the Company may require Participant to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares of Common Stock or other securities shall not be issued pursuant to the exercise of an the Option and the Optionee shall not exercise the Option unless the exercise of such the Option and the issuance and delivery of such Shares the shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934Act, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) . As a condition to the exercise of an the Option, the Company may require Participant the Optionee to represent and warrant at the time of any such exercise that the Shares shares are being purchased only for investment and without any present intention to sell or distribute such Shares shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option the Option, in whole or in part, unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) As a condition to the exercise of an Option, the Company may require Participant Xxxxxxxxx to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and an the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934Act, the rules and regulations promulgated thereunder, state securities laws, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) . As a condition to the exercise of an Option, the Company may require Participant the person exercising such Option to represent and warrant at the time of any such exercise that the Shares are being purchased purchases only for investment and without any present intention to sell or distribute such Shares Shares, if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant with respect to the exercise of an Option option unless the exercise of such Option option and the issuance and delivery of such Shares shares pursuant thereto shall comply with all relevant applicable provisions of law, domestic or foreign, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) . As a condition to the exercise of an Optionoption, the Company may require Participant the person exercising such option to represent and warrant at the time of any such exercise that the Shares shares are being purchased only for investment and without any present intention to sell or distribute such Shares shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant applicable provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant ---------------------------------- to the exercise of an Option unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934Act, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) . As a condition to the exercise of an Option, the Company may require Participant the person exercising such Option to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option the Option, in whole or in part, unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) As a condition to the exercise of an Option, the Company may require Participant Anton to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) . As a condition to the exercise of an Option, the Company may require Participant Employee to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) As a condition to the exercise of an Option, the Company may require Participant Xxxxx to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant with ---------------------------------- respect to the exercise of an Option option unless the exercise of such Option option and the issuance and delivery of such Shares shares pursuant thereto shall comply with all relevant applicable provisions of law, domestic or foreign, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. (b) . As a condition to the exercise of an Optionoption, the Company may require Participant the person exercising such option to represent and warrant at the time of any such exercise that the Shares shares are being purchased only for investment and without any present intention to sell or distribute such Shares shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant applicable provisions of law.

Conditions Upon Issuance of Shares. (a) Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company company with respect to such compliance. (b) As a condition to the exercise of an Option, the Company may require Participant to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned relevant provisions of law.