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”).

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”).

Conditions Upon Issuance of Shares. Shares of Bancorp Common Stock shall not be issued pursuant with respect to the exercise of an any 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 (amended, the “Securities Act”)rules and regulations promulgated thereunder, any applicable state securities law, and the requirements of any stock exchange upon which the shares may then be listed.

Conditions Upon Issuance of Shares. Shares of (a) Common Stock shall not be issued pursuant to the exercise of an the Option unless the exercise of such the Option and the issuance and delivery of such shares Common Stock pursuant thereto shall comply with all relevant provisions of law, including, without limitation, limitation the Securities Act of 1933, as amended (amended, the “Securities Exchange Act”), the rules and regulations promulgated thereunder, and the requirements of any stock exchange or market system upon which the Common Stock may be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance.