LEGALITY OF INITIAL ISSUANCE. No Shares shall be issued upon the exercise of this option unless and until the Company has determined that all applicable provisions of state and federal securities laws have been satisfied.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Local Financial Corp /Nv), Nonqualified Stock Option Agreement (Farmers Capital Bank Corp), 1998 Non Qualified Stock Option Agreement (Local Financial Corp /Nv)
