Common use of Limitations under Applicable Law Clause in Contracts

Limitations under Applicable Law. Notwithstanding anything herein or in a Stock Option Award Agreement or Restricted Share Award Agreement to the contrary, payment may not be made in any form that is unlawful, as determined by the Committee in its sole discretion.

Appears in 48 contracts

Samples: 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Vincerx Pharma, Inc.)

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Limitations under Applicable Law. Notwithstanding anything herein or in a Stock an Option Award Agreement or Restricted Share Award Agreement to the contrary, payment may not be made in any form that is unlawful, as determined by the Committee in its sole discretion.

Appears in 10 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), 2021 Stock Incentive Plan (Lucid Group, Inc.), 2024 Omnibus Incentive Plan (I-Mab)

Limitations under Applicable Law. Notwithstanding anything herein or in a Stock Option Award Agreement or Restricted Share Award Stock Agreement to the contrary, payment may not be made in any form that is unlawful, as determined by the Committee in its sole discretion.

Appears in 2 contracts

Samples: 2020 Stock Incentive Plan (Plus Therapeutics, Inc.), 2020 Stock Incentive Plan (Plus Therapeutics, Inc.)

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Limitations under Applicable Law. Notwithstanding anything herein or in a Stock Option Award Agreement or Restricted Share Award Agreement to the contrary, payment may not be made in any form that is unlawful, as determined by the Committee in its sole discretion.

Appears in 1 contract

Samples: 2025 Restricted Stock Retirement Plan (Farmers & Merchants Bancorp)

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