Common use of Liability of Company Clause in Contracts

Liability of Company. (a) If the Option Shares exceed, as of the Grant Date, the number of shares that may without shareholder approval be issued under the Plan, then this option will be void with respect to such excess shares unless shareholder approval of an amendment sufficiently increasing the number of shares issuable under the Plan is obtained in accordance with the provisions of the Plan. (b) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any common stock pursuant to this option will relieve the Company of any liability with respect to the non-issuance or sale of the common stock as to which such approval is not obtained.

Liability of Company. (a) If the Option Shares exceed, as of the Grant Date, Date the Shares exceed the number of shares that may without shareholder stockholder approval be issued under the Plan, then this option Option will be void with respect to such excess shares unless shareholder stockholder approval of an amendment sufficiently increasing the number of shares issuable under the Plan is obtained in accordance with the provisions of the Plan. (b) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any common stock Shares pursuant to this option Option will relieve the Company of any liability with respect to the non-issuance or sale of the common stock Shares as to which such approval is not obtained.

Liability of Company. (a) If the Option Shares exceed, as of the Grant Date, the number of shares that may without shareholder stockholder approval be issued under the Plan, then this option will be void with respect to such excess shares unless shareholder stockholder approval of an amendment sufficiently increasing the number of shares issuable under the Plan is obtained in accordance with the provisions of the Plan. (b) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any common stock pursuant to this option will relieve the Company of any liability with respect to the non-issuance or sale of the common stock as to which such approval is not obtained.

Liability of Company. (a) 12.1 If the Option Shares covered by this Agreement exceed, as of the Grant Date, the number of shares that of Common Stock which may without shareholder approval be issued under the Plan, then this option will shall be void with respect to such excess shares shares, unless shareholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of the Planobtained. (b) 12.2 The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any common stock Common Stock pursuant to this option will shall relieve the Company of any liability with respect to the non-issuance or sale of the common stock Common Stock as to which such approval is shall not have been obtained. The Company, however, shall use its diligent efforts to obtain all such approvals.