Common use of Listing, Registration, and Legal Compliance Clause in Contracts

Listing, Registration, and Legal Compliance. If at any time the Board, determines that the listing, registration, or qualification of the Option Units upon any securities exchange or under any state or federal securities or other law or regulation, or the consent, or approval of any governmental regulatory body, is reasonably required as a condition to or in connection with the purchase or issuance of Option Units upon the exercise of Options, no Options may be granted or exercised, in whole or in part, unless such listing, registration, qualification, consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Board. Executive agrees to supply the Company with such certificates, representations, and information as the Company shall request and shall otherwise cooperate with the Company in obtaining such listing, registration, qualification, consent, or approval. The Company hereby agrees to make all such filings and registrations as are reasonably required to effectuate the terms of this Agreement. In the case of officers and other persons subject to Section 16(b) of the Securities Exchange Act of 1934, as amended, the Board may impose, at any time, any limitations upon the exercise of Options that, in the Board's discretion, are necessary or desirable in order to comply with such Section 16(b) and the rules and regulations thereunder.

Appears in 6 contracts

Samples: Preferred Unit Replacement Iso Option Agreement (Sleepmaster LLC), Preferred Unit Replacement Iso Option Agreement (Sleepmaster LLC), Preferred Unit Replacement Iso Option Agreement (Sleepmaster LLC)

AutoNDA by SimpleDocs

Listing, Registration, and Legal Compliance. If at any time the Board, Board determines that the listing, registration, or qualification of the Option Units Shares upon any securities exchange or under any state or federal securities or other law or regulation, or the consent, consent or approval of any governmental regulatory body, is reasonably required as a condition to or in connection with the purchase or issuance of Option Units Shares upon the exercise of Options, no Options may be granted or exercised, in whole or in part, unless such listing, registration, qualification, consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Board. Executive The Optionee agrees to supply the Company with such certificates, representations, and information as the Company shall request and shall otherwise cooperate with the Company in obtaining such listing, registration, qualification, consent, or approval. The Company hereby agrees to make all such filings and registrations as are reasonably required to effectuate the terms of this Agreement. In the case of officers and other persons subject to Section 16(b) of the Securities Exchange Act of 1934, as amended, the Board General Counsel may impose, at any time, any limitations upon the exercise of Options that, in the BoardGeneral Counsel's discretion, are necessary or desirable in order to comply with such Section 16(b) and the rules and regulations thereunder.

Appears in 2 contracts

Samples: Common Stock Iso Agreement (Osullivan Industries Holdings Inc), Common Stock Iso Agreement (Osullivan Industries Holdings Inc)

AutoNDA by SimpleDocs

Listing, Registration, and Legal Compliance. If at any time the Board, Board determines that the listing, registration, or qualification of the Option Units Shares upon any securities exchange or under any state or federal securities or other law or regulation, or the consent, consent or approval of any governmental regulatory body, is reasonably required as a condition to or in connection with the purchase or issuance of Option Units Shares upon the exercise of Options, no Options may be granted or exercised, in whole or in part, unless such listing, registration, qualification, consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Board. Executive The Optionee agrees to supply the Company with such certificates, representations, and information as the Company shall request and shall otherwise cooperate with the Company in obtaining such listing, registration, qualification, consent, or approval. The Company hereby agrees to make all such filings and registrations as are reasonably required to effectuate the terms of this Agreement. In the case of officers and other persons subject to Section 16(b) of the Securities Exchange Act of 1934, as amended, the Board The Company may impose, at any time, any limitations upon the exercise of Options thatthat the Company, in the Board's discretionupon advice of its General Counsel, determines are necessary or desirable in order to comply with such Section 16(b) and the rules and regulations thereunder.

Appears in 1 contract

Samples: Director Common Stock Option Agreement (Osullivan Industries Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.