Restriction on Exercise. This Option may not be exercised if the issuance of such shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state securities or other law or regulation. As a condition to the exercise of this Option, the Company may require Optionee to make any representation and warranty to the Company as may be required by any applicable law or regulation.
Appears in 7 contracts
Samples: Stock Option Agreement (Privatebancorp, Inc), Stock Option Agreement (Privatebancorp, Inc), Nonqualified Inducement Performance Stock Option Agreement (Privatebancorp, Inc)
Restriction on Exercise. This Option may not be exercised if the issuance of such the shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state securities law or other law or regulation. As a condition to the exercise of this Option, the Company Corporation may require Optionee the person exercising this Option to make any representation and representative or warranty to the Company Corporation as may be required by any applicable law or regulation.
Appears in 3 contracts
Samples: Non Incentive Stock Option Agreement (GFSB Bancorp Inc), Non Incentive Stock Option Agreement (Fidelity Bancorp Inc), Incentive Stock Option Agreement (Fidelity Bancorp Inc)
Restriction on Exercise. This Notwithstanding anything contained herein to the contrary, this Option may not be exercised if the issuance of such shares upon such exercise or the method of payment of consideration for such shares Option Shares would constitute a violation of any applicable federal or state securities laws or other law applicable laws or regulationregulations. As a condition to the exercise of this the Option, the Company may require Optionee the person exercising the Option to make any representation such representations and warranty agree to the Company such covenants as may be required by any applicable law or regulation.
Appears in 2 contracts
Samples: Common Stock Option Agreement (Advanced Viral Research Corp), Common Stock Option Agreement (Advanced Viral Research Corp)
Restriction on Exercise. This Option may not be exercised if the issuance of such shares Shares, upon such exercise or the method of payment of consideration for such shares Shares, would constitute a violation of any applicable federal or state securities or other law or regulation. As a condition to the exercise of this Option, the Company may require Optionee to make any representation and warranty to the Company as may be required by any applicable law or regulation.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Dusa Pharmaceuticals Inc)
Restriction on Exercise. This Option may not be exercised if the issuance of such shares the Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state securities laws or other law laws or regulationregulations. The Company shall not be obligated to take any affirmative action in order to cause the exercised of this Option or the issuance of shares pursuant thereto to comply with such laws or regulations. As a condition to the exercise of this Option, the Company may require the Optionee to make any representation and warranty to the Company as may be required by any applicable law or regulation. This Option may not be exercised for a fraction of a Share.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Earthlink Network Inc /De/)
Restriction on Exercise. This Option may not be exercised if the issuance of such the shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state securities law or other law or regulation. As a condition to the exercise of this Option, the Company Corporation may require Optionee the person exercising this Option to make any representation and or warranty to the Company Corporation as may be required by any applicable law or regulation.
Appears in 1 contract
Samples: Compensatory Stock Option Agreement (First Defiance Financial Corp)
Restriction on Exercise. This The Option may not be exercised if the issuance of such shares Shares upon such exercise or the method of payment of consideration for such shares Shares would constitute a violation of any applicable federal or state securities or other law or regulation. As a condition to the exercise of this Option, the Company may require Optionee to make any representation and warranty to the Company as may be required by any applicable law or regulationlaw.
Appears in 1 contract
Samples: Stock Option Grant Agreement (Backweb Technologies LTD)
Restriction on Exercise. This The Option may not be exercised if the issuance of such shares the Option Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state State securities or other law or valid regulation. As a condition to the exercise of this the Option, the Company may require Optionee the Grantee exercising the Option to make any representation and or warranty to the Company as may be required by any applicable law or regulation.regulation and, specifically, may require the Grantee to provide evidence satisfactory to the Company
Appears in 1 contract
Samples: 1998 Stock Compensation Program (Medical Device Alliance Inc)
Restriction on Exercise. This Option may not be exercised if the issuance of such shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any applicable federal or state securities or other law or regulation. As a condition to the exercise of this Option, the Company may require Optionee to make any representation and warranty to the Company as may be required reasonably determined by the Company as necessary to ensure compliance with any applicable law or regulation.
Appears in 1 contract