Common use of Other Assistance Clause in Contracts

Other Assistance. Upon the exercise of this option the Optionee or other person exercising the option must execute any document or make any representation or give any commitment which the Board of Directors, in its discretion, deems necessary or advisable by reason of the securities laws of the United States or any state, and execute any document for the purpose of restricting the transfer of stock to third parties, or pay any sum of money in respect of taxes or undertake to pay or have paid any such sum which the Board of Directors, in its discretion, deems necessary by reason of the Code or any rule or regulation thereunder, or by reason of the tax laws of any state or any contracts or agreements in effect at such time.

Appears in 5 contracts

Samples: Consulting Agreement (Hypertension Diagnostics Inc /Mn), Consulting Agreement (Hypertension Diagnostics Inc /Mn), Consulting Agreement (Hypertension Diagnostics Inc /Mn)

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Other Assistance. Upon the exercise of this option the Optionee or other person exercising the option must execute any document or make any representation or give any commitment which the Board of Directors, in its discretion, deems necessary or advisable by reason of the securities laws of the United States or any state, and execute any document for the purpose of restricting the transfer of stock to third parties, or pay any sum of money in respect of taxes or undertake to pay or have paid any such sum which the Board of Directors, in its discretion, deems necessary by reason of the Code or any rule or regulation thereunder, or by reason of the tax laws of any state or any contracts or agreements in effect at such time. 12.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Oxboro Medical International Inc), Nonqualified Stock Option Agreement (Oxboro Medical International Inc), Nonqualified Stock Option Agreement (Oxboro Medical International Inc)

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