Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Christophersen Gary R), Nonqualified Stock Option Agreement (Seattle Filmworks Inc), Nonqualified Stock Option Agreement (Christophersen Gary R)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Exercised Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 4 contracts
Samples: Employee Nonqualified Stock Option Agreement (Media Arts Group Inc), Employee Nonqualified Stock Option Agreement (Kinkade Thomas Et Al), Nonqualified Stock Option Agreement (Media Arts Group Inc)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuanceissuance might, in the judgment 7. opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act")applicable law or regulation.
Appears in 3 contracts
Samples: Non Statutory Stock Option Agreement (Oncor Inc), Non Statutory Stock Option Agreement (Oncor Inc), Non Employee Director Automatic Stock Option Agreement (Oncor Inc)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuanceissuance might, in the judgment opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act")applicable law or regulation.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Matrix Pharmaceutical Inc/De), Non Statutory Stock Option Agreement (Endosonics Corp)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's ’s counsel, might would constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 2 contracts
Samples: Stock Option Agreement (Half Robert International Inc /De/), Nonstatutory Stock Option Agreement (Half Robert International Inc /De/)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including including, without limitation limitation, the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 2 contracts
Samples: Consultant Stock Option Agreement (Softnet Systems Inc), Consultant Stock Option Agreement (Softnet Systems Inc)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Exercised Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 1 contract
Samples: Incentive Stock Option Agreement (TSW International Inc)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares Stock pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's ’s counsel, might would constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 1 contract
Samples: Option Agreement (Half Robert International Inc /De/)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment of the Company and the Company's ’s counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "“Securities Act"”).
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Pacific Financial Corp)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act"”).
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Pacific Financial Corp)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's ’s counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933Act, as amended (and in such event, the "Securities Act")Purchase Price shall be refunded, without interest, to Purchaser and this Agreement shall be deemed void ab initio.
Appears in 1 contract
Samples: Stock Purchase Subscription Agreement (Large Scale Biology Corp)
Legality of Issuance. The Company shall not be obligated to -------------------- sell or issue any Option Shares pursuant to this Agreement Option (the "Exercised Shares") if such sale or issuanceissuance would, in the judgment opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Oec Medical Systems Inc)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and the Company's ’s counsel, might would constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities “Act"”).
Appears in 1 contract
Samples: Stock Option Agreement (Half Robert International Inc /De/)
Legality of Issuance. The Company shall not be obligated to sell or issue any Option Shares pursuant to this Agreement if such sale or issuance, in the judgment opinion of the Company and or the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act")amended.
Appears in 1 contract
Legality of Issuance. The Company shall not be obligated to sell or -------------------- issue any Option Shares pursuant to this Agreement if such sale or issuanceissuance might, in the judgment opinion of the Company and the Company's counsel, might constitute a violation by the Company of any provision of law, including without limitation the provisions of the Securities Act of 1933, as amended (the "Securities Act").
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Oec Medical Systems Inc)
