Common use of LEGALITY OF INITIAL ISSUANCE Clause in Contracts

LEGALITY OF INITIAL ISSUANCE. No Shares shall be issued upon the exercise of this option unless and until the Company has determined that:

Appears in 36 contracts

Samples: Terms and Conditions (Eventbrite, Inc.), Stock Option Agreement (TPT Global Tech, Inc.), 2004 Stock Incentive Plan (McClatchy Co)

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LEGALITY OF INITIAL ISSUANCE. No Shares shall be issued upon the exercise of this option unless and until the Company has determined that:

Appears in 25 contracts

Samples: Achievement Stock Award Agreement (Belden Inc.), Performance Stock Unit Award Agreement (Belden Inc.), Restricted Stock Unit Award Agreement (Belden Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares shall be issued upon the exercise of this option Option unless and until the Company has determined that:

Appears in 12 contracts

Samples: Share Option Agreement (Pivotal Holdings Corp), Restricted Stock Agreement (Axis Capital Holdings LTD), Stock Option Award Agreement (Berliner Communications Inc)

LEGALITY OF INITIAL ISSUANCE. No Common Shares shall be issued upon the exercise of this option Option unless and until the Company has determined that:

Appears in 10 contracts

Samples: Nonstatutory Stock Option and Performance Unit Agreement (Schwab Charles Corp), Nonstatutory Stock Option Agreement (Schwab Charles Corp), Incentive Stock Option Agreement (Schwab Charles Corp)

LEGALITY OF INITIAL ISSUANCE. No Shares shall be issued upon the exercise of this option the Option unless and until the Company has determined that:

Appears in 4 contracts

Samples: Stock Option Agreement (Saxon Capital Inc), Stock Option Agreement (Saxon Capital Inc), Stock Option Agreement (Saxon Capital Inc)

LEGALITY OF INITIAL ISSUANCE. No Shares shall will be issued upon the exercise of this option unless and until the Company has determined that:

Appears in 3 contracts

Samples: Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc)

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LEGALITY OF INITIAL ISSUANCE. No Shares shall be issued upon the any exercise of this option the Option unless and until the Company has determined that:

Appears in 2 contracts

Samples: Option Agreement (Trega Biosciences Inc), Option Agreement (Trega Biosciences Inc)

LEGALITY OF INITIAL ISSUANCE. No None of the Option Shares shall be issued upon the exercise of this option unless and until the Company has determined that:

Appears in 1 contract

Samples: Stock Option Agreement (Royale Energy, Inc.)

LEGALITY OF INITIAL ISSUANCE. No Shares shall will be issued upon the exercise of this option Option unless and until the Company has determined that:

Appears in 1 contract

Samples: Stock Option Agreement (22nd Century Group, Inc.)

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