NO LIABILITY OF COMPANY. The Company and any affiliate which is in existence or hereafter comes into existence shall not be liable to the Participant or any other person as to: (a) the non-issuance or sale of shares of Common Stock as to which the Company has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any shares hereunder; and (b) any tax consequence expected, but not realized, by the Participant or other person due to the receipt, vesting or settlement of any Award granted hereunder.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Advisory Board Co), Restricted Stock Unit Award Agreement (Advisory Board Co)
NO LIABILITY OF COMPANY. The Company and any affiliate which that is in existence or hereafter comes into existence shall not be liable to the Participant or any other person as to: (a) the non-issuance or sale of shares of Common Stock as to which the Company has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any shares hereunder; and (b) any tax consequence expected, but not realized, by the Participant or other person due to the receipt, vesting or settlement of any Award granted hereunder.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Advisory Board Co), Restricted Stock Unit Award Agreement (Advisory Board Co)
NO LIABILITY OF COMPANY. The Company and any affiliate which Subsidiary that is in existence or hereafter comes into existence shall not be liable to the a Participant or any other person as to: (ai) the non-issuance or sale of shares of Common Stock Shares as to which the Company has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any shares Shares hereunder; and (bii) any tax consequence expected, but not realized, by the any Participant or other person due to the receipt, vesting exercise or settlement of any Award granted hereunder.
Appears in 1 contract
Samples: 2005 Long Term Equity Incentive Plan (Starbucks Corp)
NO LIABILITY OF COMPANY. The Company and any affiliate which that is in existence or hereafter comes into existence shall not be liable to the Participant or any other person as to: (a) the non-issuance or sale of shares of Common Stock as to which the Company has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s 's counsel to be necessary to the lawful issuance and sale of any shares hereunder; and (b) any tax consequence expected, but not realized, by the Participant or other person due to the receipt, vesting or settlement of any Award granted hereunder.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Advisory Board Co)
NO LIABILITY OF COMPANY. The Company and any affiliate Affiliate which is in existence or hereafter comes into existence shall not be liable to the Participant or any other person as to: (a) the non-issuance or sale of shares of Common Stock as to which the Company has been unable to obtain from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any shares hereunder; hereunder; and (b) any tax consequence expected, but not realized, by the Participant or other person due to the receipt, vesting receipt or settlement of any Award granted hereunderthe Award.
Appears in 1 contract
Samples: Ceo Transition Agreement (Rubicon Technologies, Inc.)
