Common use of Registration, Listing and Qualification of Shares of Stock/Shareholders' Agreement Clause in Contracts

Registration, Listing and Qualification of Shares of Stock/Shareholders' Agreement. The Option shall be subject to any legal requirements relating to the issuance of securities. For example, if it becomes necessary to register the Option Stock with the Securities and Exchange Commission, or if any other government approval is necessary in connection with the issuance of the Option Stock, the Board of Directors may impose reasonably necessary conditions upon the exercise of the Option in order to comply with such legal requirements. 3.

Registration, Listing and Qualification of Shares of Stock/Shareholders' Agreement. The Option shall be subject to any legal requirements relating to the issuance of securities. For example, if it becomes necessary to register the Option Stock with the Securities and Exchange Commission, or if any other government approval is necessary in connection with the issuance of the Option Stock, the Board of Directors may impose reasonably necessary conditions upon the exercise of the Option in order to comply with such legal requirements. 3.