Listing; Other Action. (i) The Grantor shall, at its expense, use its best efforts to cause the Option Shares to be listed for quotation on the NMS, subject to notice of issuance, as promptly as practicable following the date of this Agreement, and will provide prompt notice to the NASD of the issuance of each Option Share. (ii) The Grantor shall use its best efforts to take, or cause to be taken, all appropriate action, and to do, or cause to be done, all things necessary, proper or advisable under applicable Law to consummate and make effective the transactions contemplated hereunder, including, without limitation, using all commercially reasonable efforts to obtain all licenses, permits, consents, approvals, authorizations, qualifications and orders of Governmental Entities. Without limiting the generality of the foregoing, the Grantor shall, when required in order to effect the transactions contemplated hereunder, make all necessary filings and any other required or appropriate submissions under the HSR Act as promptly as practicable. (iii) The Grantor shall not take any action in order to intentionally cause the exercise of the Stock Option to violate, or to require the vote of the stockholders of the Grantor in order not to violate, any rules or regulations of the NASD.
Appears in 5 contracts
Samples: Stock Option Agreement (Somatix Therapy Corporation), Stock Option Agreement (Somatix Therapy Corporation), Stock Option Agreement (Cell Genesys Inc)