Common use of Grantee’s Representations Clause in Contracts

Grantee’s Representations. Notwithstanding any provision hereof to the contrary, the Grantee hereby agrees and covenants that Grantee will not acquire any Grant Shares, and that the Company will not be obligated to issue any Grant Shares to the Grantee hereunder, if the issuance of such shares constitutes a violation by the Grantee or the Company of any applicable federal or state securities or other laws or regulations, or any rules or regulations of any stock exchange on which the Common Stock is listed. Any determination in this regard that is made by the Committee, in good faith, shall be final and binding. The rights and obligations of the Company and the Grantee are subject to all applicable laws and regulations

Appears in 20 contracts

Samples: Restricted Stock Agreement (Resaca Exploitation, Inc.), Restricted Stock Agreement (Resaca Exploitation, Inc.), Restricted Stock Agreement (Resaca Exploitation, Inc.)

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