Listing and Registration of Shares. Each option shall be subject to the requirement that if at any time the Board shall determine, in its discretion, that the listing, registration or qualification of the shares covered thereby upon any securities exchange or under any state or federal law or the consent or approval of any governmental regulatory body is necessary or desirable as a condition of, or in connection with, the granting of such option or the issuance or purchase of shares thereunder, such option may not be exercised in whole or in part unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board.
Listing and Registration of Shares. If at any time the Committee, in its discretion, shall determine that it is necessary or desirable to list, register or qualify the Option Shares upon any securities exchange or under any state or federal law, or to obtain the consent or approval of any governmental regulatory body, as a condition of, or in connection with, the granting of the Option or the issue or purchase of shares hereunder, the Option may not be exercised in whole or in part unless and until such listing, registration, qualification, consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.
Listing and Registration of Shares. Each nonqualified option granted under Article II shall be subject to the requirement that if at any time the Committee determines, in its discretion, that the listing, registration, or qualification of the shares subject to such option under any securities exchange or under any state or Federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition of, or in connection with, the issue or purchase of shares thereunder, such option may not be exercised in whole or in part unless such listing, registration, qualification, consent or approval shall have been effected or obtained and the same shall have been free of any conditions not acceptable to the Committee.
Listing and Registration of Shares. The exercise of this Option is subject to the obtaining of any consent or approval of any governmental or other regulatory body which the Board, in its discretion, deems necessary or desirable.
Listing and Registration of Shares. Each option shall be subject to the requirement that if at any time the Committee shall determine that the listing, registration, or qualification of the shares covered thereby upon any securities exchange or under any federal or state law or the consent or approval of any governmental regulatory body, is necessary or desirable as the condition of, or in connection with, the granting of any such option or the issue or purchase of shares thereunder, such option may not be exercised in whole or in part unless and until such listing, registration, qualification, consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Committee. In this regard, the Committee may impose such conditions upon the exercise of any option granted under the Plan as it may deem necessary or advisable to assure compliance with such laws, rules and regulations.
Listing and Registration of Shares. (a) For so long as the Corporation’s Common Stock shall be listed for trading on a national securities exchange, the Corporation shall take all appropriate action for the shares issuable under the Option to be approved for listing on issuance; provided, however, that nothing herein shall be deemed to require the Corporation to continue to list its Common Stock for trading on any national exchange or other trading facility.
(b) If, at any time, the Committee shall determine in its discretion that the registration or qualification of the shares covered by the Option under any state or federal law is necessary or desirable as a condition of or in connection with the delivery of such shares on the exercise of the Option, the delivery of such shares shall be deferred until such registration or qualification shall have been effected. In the event the Committee determines, in its sole discretion, that registration or qualification of shares covered by an Option is necessary or desirable, the Corporation shall, at its expense, take such action as may be required to effect such registration or qualification.
Listing and Registration of Shares. The Corporation shall, within forty five days (45) after the exercise of all of the Options granted hereby and the Class B Stock Options granted to Mr. C. Xxxxxx XxXxxxxx [Xxxxx X. Xxxxxxxx], use its best efforts to register shares of Class B Stock underlying the Option by causing to be filed with the Commission, a registration statement (the "Registration Statement") on Form X-0, Xxxx X-0 or Form S-3 if the use of such form is then available. If the Corporation determines in good faith judgment of the Corporation's counsel that the filing of a registration stsatement would require the disclosure of material information which the Corporation has a good faith business purpose for preserving as confidential or the Corporation is unable to comply with Commission requirements, the Corporation shall not be required to commence using its best efforts to effect a registration pursuant to this Section until the date upon which such material information is disclosed to the public (it being understood that nothing herein shall require such disclosure) or ceases to be material.
Listing and Registration of Shares. The Company shall not be required to list or register any shares of stock upon the exercise of this option prior to the admission of such shares to listing on any stock exchange. The Company shall not be required to issue or deliver any shares of stock upon the exercise of an option free of transfer restriction, of any kind or character, imposed under applicable State or Federal laws, rules, or regulations.
Listing and Registration of Shares. The Company shall not be required to issue or deliver any shares of stock upon the exercise of this option prior to (a) the admission or such shares to listing on any stock exchange on which the Company's Common Stock may then be listed, and (b) the completion of such registration or other qualification of such shares under any state or federal law, rule or regulation, as the Company shall determine to be necessary or advisable. The Company shall not be required to issue or deliver any shares of stock upon the exercise of an option free of transfer restrictions, of any kind or character, imposed under applicable state or federal law, rules or regulations.
Listing and Registration of Shares. Each Award shall be subject to the requirement that, if at any time the Committee shall determine, in its discretion, that the listing, registration, or qualification of the Shares covered thereby upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition of, or in connection with, the granting of such Award or the purchase of Shares thereunder, or that action by the Company, its shareholders, or the Participant should be taken in order to obtain an exemption from any such requirement or to continue any such listing, registration, or qualification, no Option may be exercised, in whole or in part, unless and until such listing, registration, or qualification, consent, approval, or action shall have been effected, obtained, or taken under conditions acceptable to the Committee. Without limiting the generality of the foregoing, each Participant or his or her legal representative or beneficiary may also be required to give satisfactory assurance that such person is an eligible purchaser under applicable securities laws, and that the shares purchased upon exercise of an Option are being purchased for investment and not with a view to distribution; certificates representing such shares may be legended accordingly.
