Common use of Other Laws Clause in Contracts

Other Laws. Notwithstanding anything herein to the contrary, SunTrust shall have the right to refuse to pay any cash award or to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that such payment or issuance or transfer of such Stock might violate any applicable law or regulation.

Appears in 18 contracts

Samples: Performance Vested Restricted Stock Unit Agreement (Suntrust Banks Inc), Performance Vested Restricted Stock Unit Agreement (Suntrust Banks Inc), Performance Vested Restricted Stock Unit Agreement (Suntrust Banks Inc)

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Other Laws. Notwithstanding anything herein to the contrary, SunTrust shall have the right to refuse to pay any cash award or to issue or transfer any shares under this Unit Agreement if SunTrust acting in its absolute discretion determines that such payment or issuance or transfer of such Stock might violate any applicable law or regulation. §12. MISCELLANEOUS.

Appears in 2 contracts

Samples: Performance Vested Restricted Stock Unit Agreement (Suntrust Banks Inc), Restricted Stock Unit Agreement (Suntrust Banks Inc)

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