LEGALITY OF INITIAL ISSUANCE. No Option Shares shall be issued upon the exercise of this Option unless and until the Company has determined that:
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Metretek Technologies Inc), Non Qualified Stock Option Agreement (Powersecure International, Inc.), Non Qualified Stock Option Agreement (Powersecure International, Inc.)
LEGALITY OF INITIAL ISSUANCE. No Option Common Shares shall be issued upon the exercise of this Option option unless and until the Company has determined that:
Appears in 3 contracts
Samples: Term Incentive Plan (Paccar Inc), Corporation 1991 Stock Incentive Plan (Urs Corp /New/), Corporation 1999 Equity Incentive Plan (Urs Corp /New/)