Common use of Postponement of Exercise Clause in Contracts

Postponement of Exercise. The Company may postpone the exercise of any portion of the Option Shares for so long as the Company determines to be necessary or advisable to satisfy the following, subject to the limitations of Code Section 409A: a. the completion or amendment of any registration of the Option Shares or satisfaction of any exemption from registration under any securities law, rule or regulation; b compliance with any requests for representations; and c. receipt of proof satisfactory to the Company that a person seeking to exercise the Option on your behalf upon your Disability (if necessary), or upon your estate’s behalf after your death, is authorized and entitled to exercise the Option. 2017 Omnibus Compensation Incentive Plan

Postponement of Exercise. The Company may postpone the exercise of any portion of the Option Shares for so long as the Company determines to be necessary or advisable to satisfy the following, subject to the limitations of Code Section 409A: a. the completion or amendment of any registration of the Option Shares or satisfaction of any exemption from registration under any securities law, rule or regulation; b ; b. compliance with any requests for representations; and c. receipt of proof satisfactory to the Company that a person seeking to exercise the Option on your behalf upon your Disability (if necessary), or upon your estate’s behalf after your death, is authorized and entitled to exercise the Option. 2017 Omnibus Compensation Incentive Plan.

Postponement of Exercise. The Company may postpone the exercise of any portion of the Option Shares for so long as the Company determines to be necessary or advisable to satisfy the following, subject to the limitations of Code Section 409A: a. the completion or amendment of any registration of the Option Shares or satisfaction of any exemption from registration under any securities law, rule or regulation; b ; b. compliance with any requests for representations; and c. receipt of proof satisfactory to the Company that a person seeking to exercise the Option on your behalf upon your Total and Permanent Disability (if necessary), or upon your estate’s behalf after your death, is authorized and entitled to exercise the Option. 2017 Omnibus Compensation Incentive Plan.