Common use of Restriction; Securities Exchange Listing Clause in Contracts

Restriction; Securities Exchange Listing. All certificates for shares delivered upon the exercise of Options granted herein shall be subject to such stop transfer orders and other restrictions as the Administrator may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange Commission and any applicable federal or state securities laws, and the Administrator may cause a legend or legends to be placed on such certificates to make appropriate reference to such restrictions. If the Shares or other securities are traded on a national securities exchange, the Company shall not be required to deliver any Shares covered by an Option unless and until such Shares have been admitted for trading on such securities exchange.

Appears in 22 contracts

Samples: Option Agreement (Lapolla Industries Inc), Option Agreement (Lapolla Industries Inc), Option Agreement (Lapolla Industries Inc)

AutoNDA by SimpleDocs

Restriction; Securities Exchange Listing. All certificates for shares Shares delivered upon the exercise of Options granted herein shall be subject to such stop transfer orders and other restrictions as the Administrator Committee may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange Commission and any applicable federal or state securities laws, and the Administrator Committee may cause a legend or legends to be placed on such certificates to make appropriate reference to such restrictions. If the Shares or other securities are traded on a national securities exchange, the Company shall not be required to deliver any Shares covered by an Option unless and until such Shares have been admitted for trading on such securities exchange.

Appears in 6 contracts

Samples: Option Agreement (Lapolla Industries Inc), Option Agreement (Lapolla Industries Inc), Option Agreement (Lapolla Industries Inc)

Restriction; Securities Exchange Listing. All certificates for shares Shares delivered upon the exercise of Options the Option granted herein shall be subject to such stop transfer orders and other restrictions as the Administrator Committee may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange Commission and any applicable federal or state securities laws, and the Administrator Committee may cause a legend or legends to be placed on such certificates to make appropriate reference to such restrictions. If the Shares or other securities are traded on a national securities exchange, the Company shall not be required to deliver any Shares covered by an Option unless and until such Shares have been admitted for trading on such securities exchange.

Appears in 4 contracts

Samples: Option Agreement (Lapolla Industries Inc), Option Agreement (Lapolla Industries Inc), Option Agreement (Lapolla Industries Inc)

AutoNDA by SimpleDocs

Restriction; Securities Exchange Listing. All certificates for shares delivered upon the exercise of Options granted herein shall be subject to such stop transfer orders and other restrictions as the Administrator may deem advisable under the 2000 Plan or the rules, regulations and other requirements of the Securities and Exchange Commission and any applicable federal or state securities laws, and the Administrator may cause a legend or legends to be placed on such certificates to make appropriate reference to such restrictions. If the Shares or other securities are traded on a national securities exchange, the Company shall not be required to deliver any Shares covered by an Option unless and until such Shares have been admitted for trading on such securities exchange.

Appears in 3 contracts

Samples: Employment Agreement (SLS International Inc), Employment Agreement (Urecoats Industries Inc), Employment Agreement (Urecoats Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.