Common use of Issuance of Shares; Registration; Withholding Taxes Clause in Contracts

Issuance of Shares; Registration; Withholding Taxes. As soon as practicable after the exercise date of the SARs, the Company shall cause to be issued and delivered to Grantee, or for Grantee’s account, a certificate or certificates for the Shares to which Grantee is entitled. The Company may postpone the issuance or delivery of the Shares until (a) the completion of registration or other qualification of such Shares or transaction under any state or federal law, rule or regulation, or any listing on any securities exchange, as the Company shall determine to be necessary or desirable; (b) the receipt by the Company of such written representations or other documentation as the Company deems necessary to establish compliance with all applicable laws, rules, and regulations, including applicable federal and state securities laws and listing requirements, if any; and (c) the payment to the Company, upon its demand, of any amount requested by the Company to satisfy any federal, state, or other governmental withholding tax requirements related to the exercise of the SARs. The Company shall have the right to withhold with respect to the payment of any Shares any taxes required to be withheld because of such payment, including the withholding of Shares otherwise payable due to exercise of the SARs. Grantee shall comply with any and all legal requirements relating to Grantee’s resale or other disposition of any Shares acquired under this Agreement. The certificates representing the Shares acquired pursuant to the exercise of the SARs may bear such legend as described in Section 13 below or as the Company otherwise deems appropriate to ensure compliance with applicable law.

Issuance of Shares; Registration; Withholding Taxes. As soon as practicable after the exercise date of the SARsOption, the Company shall cause to be issued and delivered to Grantee, or for Grantee’s account, a certificate or certificates for the Option Shares to which Grantee is entitledpurchased. The Company may postpone the Company’s issuance or and delivery of the Option Shares until is conditioned upon: (a) the completion of registration or other qualification of such Option Shares or transaction under any state or federal law, rule or regulation, or any listing on any securities exchange, as the Company shall determine to be necessary or desirable; (b) the receipt by the Company of such written representations or other documentation as the Company deems necessary to establish compliance with all applicable laws, rules, and regulations, including applicable federal and state securities laws and listing requirements, if any; and (c) the payment to the Company, upon its demand, of any amount requested by the Company to satisfy any federal, state, or other governmental withholding tax requirements related to the exercise of the SARsOption. The Company shall have the right to withhold with respect to the payment of any Option Shares any taxes required to be withheld because of such payment, including the withholding of Shares otherwise payable due to exercise of the SARsOption. Grantee shall comply with any and all legal requirements relating to GranteeXxxxxxx’s resale or other disposition of any Shares acquired under this Agreement. The certificates representing the Shares acquired pursuant to the exercise of the SARs Option may bear such legend as described in Section 13 below or as the Company otherwise deems appropriate to ensure compliance with applicable law.

Issuance of Shares; Registration; Withholding Taxes. As soon as practicable after the exercise date of the SARsOption, the Company shall cause to be issued and delivered to GranteeOptionee, or for Grantee’s Optionee's account, a certificate or certificates for the Option Shares to which Grantee is entitledpurchased. The Company may postpone the issuance or delivery of the Shares until (ai) the completion of registration or other qualification of such Shares or transaction under any state or federal law, rule or regulation, or any listing on any securities exchange, as the Company shall determine to be necessary or desirable; (bii) the receipt by the Company of such written representations or other documentation as the Company deems necessary to establish compliance with all applicable laws, rules, rules and regulations, including applicable federal and state securities laws and listing requirements, if any; and (ciii) the payment to the Company, upon its demand, of any amount requested by the Company to satisfy any federal, state, state or other governmental withholding tax requirements related to the exercise of the SARsOption. The Company shall have the right to withhold with respect to the payment of any Option Shares any taxes required to be withheld because of such payment, including the withholding of Shares otherwise payable due to exercise of the SARsOption. Grantee Optionee shall comply with any and all legal requirements relating to Grantee’s Optionee's resale or other disposition of any Shares acquired under this Agreement. The certificates representing the Shares acquired pursuant to the exercise of the SARs Option may bear such legend reflecting the nontransferability limitation as described in Section 3.c above and such legend as described in Section 13 below or 6, and as counsel to the Company otherwise deems appropriate to ensure assure compliance with applicable law.

Issuance of Shares; Registration; Withholding Taxes. As soon as practicable after the exercise date of the SARsOption, the Company shall cause to be issued and delivered to Grantee, or for Grantee’s account, a certificate or certificates for the Option Shares to which Grantee is entitledpurchased. The Company may postpone the issuance or delivery of the Option Shares until until: (a) the completion of registration or other qualification of such Option Shares or transaction under any state or federal law, rule or regulation, or any listing on any securities exchange, as the Company shall determine to be necessary or desirable; (b) the receipt by the Company of such written representations or other documentation as the Company deems necessary to establish compliance with all applicable laws, rules, and regulations, including applicable federal and state securities laws and listing requirements, if any; and (c) the payment to the Company, upon its demand, of any amount requested by the Company to satisfy any federal, state, or other governmental withholding tax requirements related to the exercise of the SARsOption. The Company shall have the right to withhold with respect to the payment of any Option Shares any taxes required to be withheld because of such payment, including the withholding of Shares otherwise payable due to exercise of the SARsOption. Grantee shall comply with any and all legal requirements relating to Grantee’s resale or other disposition of any Shares acquired under this Agreement. The certificates representing the Shares acquired pursuant to the exercise of the SARs Option may bear such legend as described in Section 13 15 below or as the Company otherwise deems appropriate to ensure compliance with applicable law.

Issuance of Shares; Registration; Withholding Taxes. As soon as practicable after the exercise date of the SARsOption, the Company shall cause to be issued and delivered to Grantee, or for Grantee’s account, a certificate or certificates for the Option Shares to which Grantee is entitledpurchased. The Company may postpone the issuance or delivery of the Option Shares until until: (a) the completion of registration or other qualification of such Option Shares or transaction under any state or federal law, rule or regulation, or any listing on any securities exchange, as the Company shall determine to be necessary or desirable; (b) the receipt by the Company of such written representations or other documentation as the Company deems necessary to establish compliance with all applicable laws, rules, and regulations, including applicable federal and state securities laws and listing requirements, if any; and (c) the payment to the Company, upon its demand, of any amount requested by the Company to satisfy any federal, state, or other governmental withholding tax requirements related to the exercise of the SARsOption. The Company shall have the right to withhold with respect to the payment of any Option Shares any taxes required to be withheld because of such payment, including the withholding of Shares otherwise payable due to exercise of the SARsOption. Grantee shall comply with any and all legal requirements relating to Grantee’s resale or other disposition of any Shares acquired under this Agreement. The certificates representing the Shares acquired pursuant to the exercise of the SARs Option may bear such legend as described in Section 13 below or as the Company otherwise deems appropriate to ensure compliance with applicable law.