General Rules. a. The obligation of the Company to sell or deliver Shares with respect to the Options granted shall be subject to all applicable laws, rules and regulations, including all applicable federal and state securities laws, and the obtaining of all such approvals by governmental agencies as may be deemed necessary or appropriate by the Board.
Appears in 22 contracts
Samples: Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Internet America Inc)
General Rules. a. (a) The obligation of the Company to sell or deliver Shares with respect to the Options granted shall be subject to all applicable laws, rules and regulations, including all applicable federal and state securities laws, and the obtaining of all such approvals by governmental agencies as may be deemed necessary or appropriate by the Board.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Smith Jack T), Non Qualified Stock Option Agreement (Hunt William O), Non Qualified Stock Option Agreement (Smith Jack T)