Common use of Governmental and Other Regulations Clause in Contracts

Governmental and Other Regulations. The exercise of the Option and the Corporation's obligation to sell and deliver shares upon the exercise of rights to purchase shares is subject to all applicable federal and state laws, rules and regulations, and to such approvals by the regulatory or governmental agency which, in the opinion of counsel for the Corporation, may be required.

Appears in 10 contracts

Samples: Stock Option Agreement (Esat Inc), Stock Option Agreement (Esat Inc), Stock Option Agreement (Esat Inc)

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Governmental and Other Regulations. The exercise of the Option and the Corporation's obligation to sell and deliver shares upon the exercise of rights to purchase shares is subject to all applicable federal and state laws, rules and regulations, and to such approvals by the any regulatory or governmental agency whichwhich may, in the opinion of counsel for the Corporation, may be required.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Rancher Energy Corp.), Non Qualified Stock Option Agreement (Turner Terry C), Agreement of Exchange (Carmina Technologies Inc)

Governmental and Other Regulations. The exercise of the Option and the Corporation's obligation to sell and deliver shares upon the exercise of rights to purchase shares is subject to all applicable federal and state laws, rules and regulations, and to such approvals by the any regulatory or governmental agency which, in the opinion of counsel for the Corporation, may be required.

Appears in 2 contracts

Samples: Employment Agreement (Topro Inc), Employment Agreement (Topro Inc)

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Governmental and Other Regulations. The exercise of the Option and ---------------------------------- the Corporation's obligation to sell and deliver shares upon the exercise of rights the Option to purchase shares is subject to all applicable federal and state laws, rules and regulations, and to such approvals by the any regulatory or governmental agency whichwhich may, in the opinion of counsel for the Corporation, may be required.

Appears in 1 contract

Samples: Stock Option Agreement (Commnet Cellular Inc)

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