Other Restrictions. The Optionee shall not be entitled to the privileges of stock ownership of any Shares subject to the Option until payment therefor has been made in full as provided in the Option. An Option may be exercised and certificates for Shares may be delivered hereunder only in compliance with all applicable federal and state laws and regulations. Any Share certificate issued to evidence Shares for which the Option is exercised may bear legends and statements the Company deems advisable to assure compliance with federal and state laws and regulations and this Option Agreement.
Appears in 15 contracts
Samples: Non Qualified Stock Option Agreement (Cox Technologies Inc), Non Qualified Stock Option Agreement (Cox Technologies Inc), Non Qualified Stock Option Agreement (Cox Technologies Inc)
