Common use of Option Conditioned on Satisfaction of Regulatory Obligations Clause in Contracts

Option Conditioned on Satisfaction of Regulatory Obligations. If the Employee is: (a) a director of a Subsidiary incorporated in Australia; or (b) a person who is a management-level executive of a Subsidiary incorporated in Australia and who also is a director of a Subsidiary incorporated outside of Australia, the grant of the Option is conditioned upon satisfaction of the shareholder approval provisions of section 200B of the Corporations Xxx 0000 (Cth) in Australia.

Appears in 2 contracts

Samples: Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Replacement Stock Option Agreement (Abbott Laboratories)

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Option Conditioned on Satisfaction of Regulatory Obligations. If the Employee is: (a) a director of a Subsidiary incorporated in Australia; or (b) a person who is a management-level executive of a Subsidiary incorporated in Australia and who also is a director of a Subsidiary incorporated outside of Australia, the grant of the Option is conditioned upon satisfaction of the shareholder approval provisions of section 200B of the Corporations Xxx Acx 0000 (Cth) in Australia.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Abbott Laboratories)

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Option Conditioned on Satisfaction of Regulatory Obligations. If the Employee is: you are (a) a director of a Subsidiary incorporated in Australia; , or (b) a person who is a management-level executive of a Subsidiary incorporated in Australia and who also is a director of a Subsidiary incorporated outside of the Australia, the grant of the Option is conditioned upon satisfaction of the shareholder approval provisions of section 200B of the Corporations Xxx 0000 (Cth) in Australia.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Toro Co)

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