Common use of Conditions Upon Issuance of Shares Clause in Contracts

Conditions Upon Issuance of Shares. Shares of Common Stock 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 Act”).

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (ConforMIS Inc), Incentive Stock Option Agreement (ConforMIS Inc), Incentive Stock Option Agreement (ConforMIS Inc)

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Conditions Upon Issuance of Shares. Shares of Common Stock shall not be issued pursuant to the exercise of an this Option unless the exercise of such Option and the issuance and delivery of such shares pursuant thereto shall comply hereto complies with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended (the “Securities Act”).

Appears in 1 contract

Samples: Management Stock Option Agreement (Hawker Pacific Aerospace)

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