Common use of Restriction on Exercise Clause in Contracts

Restriction on Exercise. This Option may not be exercised unless such exercise is in compliance with the Securities Act, and all applicable state securities laws, as they are in effect on the date of exercise, and the requirements of any stock exchange or national market system on which the Company's Common Stock may be listed at the time of exercise. Optionee understands that the Company is under no obligation to register, qualify or list the Shares with the SEC, any state securities commission or any stock exchange or national market system to effect such compliance.

Restriction on Exercise. This Option may not be exercised unless such exercise is in compliance with the Securities Act, Act and the regulations promulgated thereunder and all applicable state securities laws, laws as they are in effect on the date of exercise, and the requirements of any stock exchange or national market system on which the Company's ’s Common Stock may be listed at the time of exercise. Optionee understands that the Company is under no obligation to register, qualify or list the Shares with the SEC, any state securities commission or any stock exchange or national market system to effect such compliance.

Restriction on Exercise. This Option may not be exercised unless such exercise is in compliance with the Securities Act, the Exchange Act, regulations promulgated thereunder and all applicable state securities laws, laws as they are in effect on the date of exercise, and the requirements of any stock exchange or national market system on which the Company's Common Stock common stock may be listed at the time of exercise. Optionee understands that the Company is under no obligation to register, qualify or list the Shares with the Securities and Exchange Commission ("SEC"), any state securities commission commission, or any stock exchange or national market system to effect such compliance.

Restriction on Exercise. This Option may not be exercised unless such exercise is in compliance with the Securities Act, and all applicable state securities laws, as they are in effect on the date of exercise, and the requirements of any stock exchange or national market HNC Software, Inc. Directors Stock Option Grant - Initial Grant system on which the Company's Common Stock may be listed at the time of exercise. Optionee understands that the Company is under no obligation to register, qualify or list the Shares with the SEC, any state securities commission or any stock exchange or national market system to effect such compliance.