Common use of Legality of Issuance Clause in Contracts

Legality of Issuance. The Company shall not be obligated to sell or issue any NQO Shares pursuant to this Agreement if such sale or issuance, in the 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 Exchange Act or the Securities Act of 1933 as amended (the “Securities Act”).

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (PRA Health Sciences, Inc.), Form of Non Qualified Stock Option Agreement (PRA Health Sciences, Inc.), Non Qualified Stock Option Agreement (PRA Health Sciences, Inc.)

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Legality of Issuance. The Company shall not be obligated to sell or issue any NQO Shares pursuant to this Agreement if such sale or issuance, in the 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 Exchange Act or the Securities Act of 1933 as amended (the “Securities Act”).

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (ConforMIS Inc), Nonqualified Stock Option Agreement (ConforMIS Inc)

Legality of Issuance. The Company shall not be obligated to sell or issue any NQO Shares pursuant to this Agreement if such sale or issuance, in the 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 Exchange Act of 1934, as amended (the “Exchange Act”) or the Securities Act of 1933 1933, as amended (the “Securities Act”).

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Interhealth Facility Transport, Inc.), Non Qualified Stock Option Agreement (Interhealth Facility Transport, Inc.)

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Legality of Issuance. The Company shall not be obligated to sell or issue any NQO Shares pursuant to this Agreement if such sale or issuance, in the 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 Exchange Act or the Securities Act of 1933 as amended (the “Securities Act”).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Adknowledge Inc)

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