Common use of LEGALITY OF INITIAL ISSUANCE Clause in Contracts

LEGALITY OF INITIAL ISSUANCE. No Stock shall be issued upon the vesting of this award unless and until the Company has determined that: (a) It and the Grantee have taken any actions required to register the Stock under the Securities Act or to perfect an exemption from the registration requirements thereof; (b) Any applicable listing requirement of any stock exchange on which Stock is listed has been satisfied; and (c) Any other applicable provision of state or federal law has been satisfied.

LEGALITY OF INITIAL ISSUANCE. No shares of Stock shall be issued upon the vesting of this award unless and until the Company has determined that: (a) It and the Grantee have taken any actions required to register the shares of Stock under the Securities Act or to perfect an exemption from the registration requirements thereof; (b) Any applicable listing requirement of any stock exchange on which the shares of Stock is listed has been satisfied; and (c) Any other applicable provision of state or federal law has been satisfied.

LEGALITY OF INITIAL ISSUANCE. No shares of Stock shall be issued upon the vesting of all or a portion of this award Award unless and until the Company has determined that: (a) It The Company and the Grantee have taken any actions required to register the shares of Stock under the Securities Act or to perfect an exemption from the registration requirements thereof; (b) Any applicable listing requirement of any stock exchange Stock Exchange on which the Stock is listed has been satisfied; and (c) Any other applicable provision of state or federal law Applicable Law has been satisfied.

LEGALITY OF INITIAL ISSUANCE. No shares of Stock shall be issued upon the vesting of this award Award unless and until the Company has determined that: (a) It The Company and the Grantee have taken any actions required to register the shares of Stock under the Securities Act or to perfect an exemption from the registration requirements thereof; (b) Any applicable listing requirement of any stock exchange on which the Stock is listed has been satisfied; and (c) Any other applicable provision of state or federal law Applicable Law has been satisfied.

LEGALITY OF INITIAL ISSUANCE. No shares of Stock shall be issued upon the vesting of all or a portion of this award Award unless and until the Company has determined that: (a) It and the Grantee have taken any actions required to register the shares of Stock under the Securities Act or to perfect an exemption from the registration requirements thereof; (b) Any applicable listing requirement of any stock exchange on which the shares of Stock is listed has been satisfied; and (c) Any other applicable provision of state or federal law has been satisfied.