Postponement of Distribution. Notwithstanding anything herein to the contrary, the distribution of any portion of the Award Shares shall be subject to action by the Board taken at any time in its sole discretion (a) to effect, amend or maintain any necessary registration of the Plan or the Award Shares distributable in satisfaction of this Award under the Securities Act of 1933, as amended, or the securities laws of any applicable jurisdiction, (b) to permit any action to be taken in order to (i) list such Award Shares on a stock exchange if the Common Stock is then listed on such exchange or (ii) comply with restrictions or regulations incident to the maintenance of a public market for its Shares of Common Stock, including any rules or regulations of any stock exchange on which the Award Shares are listed, or (c) to determine that such Award Shares and the Plan are exempt from such registration or that no action of the kind referred to in (b)(ii) above needs to be taken; and the Company shall not be obligated by virtue of any terms and conditions of this Award or any provision of this Agreement or the Plan to issue or release the Award Shares in violation of the Securities Act of 1933 or the law of any government having jurisdiction thereof. Any such postponement shall not shorten the term of any restriction attached to the Award Shares and neither the Company nor its directors or officers shall have any obligation or liability to the Grantee or to any other person as to which issuance under the Award Shares was delayed.
Postponement of Distribution. If the amount of the money at any time available under clause 15.1 for payment of the Principal Money owing on the Stock is less than ten percent of the amount of such Stock, the Trustee may at its discretion invest that money upon any of the investments authorised in this Deed with power from time to time to vary such investments, and such investments (with the resulting income) may be accumulated until the accumulations together with any other funds for the time being under the control of the Trustee and applicable for the purpose amount to a sum sufficient to pay at least ten percent of the amount of such Stock.
Postponement of Distribution. Notwithstanding any of the provisions of this instrument applicable to [the Family Trust or other] trusts created under it (except those provisions relating to the rule against perpetuities and payment of estate taxes, death taxes, and payment of costs of administration), the trustee of each trust, other than any who is also a present or contingent beneficiary of that trust (or the trustor, settler, or donor as to any irrevocable gift made to that trust), shall have the power to postpone any distribution of income or principal (including distributions pursuant to the exercise of a right of withdrawal) otherwise required to be made from that trust to any one or more of its beneficiaries upon or after the beneficiary's exercise of withdrawal right or attainment of a specified age or the death of a third person (and to postpone to that extent the termination of such trust which might otherwise be required) if such trustee in its sole discretion, determines that, in the view of the Trustor's apparent overall original intent, there is sufficient reason to postpone such distribution, including, without limitation, a serious tax or other disadvantage to any beneficiary (or his or her family) if such distribution were made, a beneficiary's disability, a pending divorce, potential or pending creditor claims (possibly relating to such distributions), chemical dependency or abuse, or similar substantial cause. Any such postponement of distribution may be continued by such trustee, in whole or in part, from time to time, up to and including the entire lifetime of the beneficiary. While such postponement continues, all of the other provisions previously applicable to such trust shall continue in effect with such beneficiary as primary beneficiary of such withheld income or principal except that:
