Limitations on Forms of Consideration. Notwithstanding the foregoing, the Option may not be exercised by tender to the Company of Option Shares to the extent such tender, or attestation to the ownership, of Stock would constitute a violation of the provisions of any law, regulation or agreement restricting the redemption of the Company’s stock. The Option may not be exercised by tender to the Company of shares of Stock unless such shares either have been owned by the Optionee for more than six (6) months or were not acquired, directly or indirectly, from the Company.
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Samples: Stock Option Agreement (Allegro Biodiesel Corp), Stock Option Agreement (Diametrics Medical Inc), Stock Option Agreement (Diametrics Medical Inc)
Limitations on Forms of Consideration. Notwithstanding the foregoing, the Option may not be exercised by tender to the Company Company, or attestation to the ownership, of Option Shares shares of Stock to the extent such tender, or attestation to the ownership, of Stock would constitute a violation of the provisions of any law, regulation or agreement restricting the redemption of the Company’s stock. The Option may not be exercised by tender to the Company Company, or attestation to the ownership, of shares of Stock unless such shares either have been owned by the Optionee for more than six (6) months or were not acquired, directly or indirectly, from the Company.
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Samples: Stock Option Agreement (Tilly's, Inc.), Stock Option Agreement (Tilly's, Inc.)
Limitations on Forms of Consideration. (i) Notwithstanding the foregoing, the Option may not be exercised by tender to the Company of Option Shares shares of Stock to the extent such tender, or attestation to the ownership, tender of Stock would constitute a violation of the provisions of any law, regulation or agreement restricting the redemption of the Company’s 's stock. The Option may not be exercised by tender to the Company of shares of Stock unless such shares either have been owned by the Optionee for more than six (6) months or were not acquired, directly or indirectly, from the Company.
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Limitations on Forms of Consideration. Notwithstanding the foregoing, the Option may not be exercised by tender to the Company of shares of Common Stock or Option Shares to the extent such tender, or attestation to the ownership, of Common Stock would constitute a violation of the provisions of any law, regulation or agreement restricting the redemption of the Company’s stock. The Option may not be exercised by tender to the Company of shares of Common Stock unless such shares either have been owned by the Optionee for more than six (6) months or were not acquired, directly or indirectly, from the Company.
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