Restrictions Imposed by Law. Notwithstanding any other provision of this Agreement, Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock if counsel to the Company determines that such exercise, delivery or payment would violate any law or regulation of any governmental authority or any agreement between the Company and any national securities exchange upon which the Common Stock is listed.
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Samples: Restricted Stock Unit Grant Agreement (Stock Yards Bancorp, Inc.), Restricted Stock Unit Grant Agreement (Industrial Services of America Inc), Restricted Stock Unit Grant Agreement (S Y Bancorp Inc)
Restrictions Imposed by Law. Notwithstanding any other provision of this Agreement, the Grantee agrees that the Company will not be obligated to deliver any shares of Common Company Stock if counsel to the Company determines that such exercise, delivery or payment would violate any law or regulation of any governmental authority or any agreement between the Company and any national securities exchange upon which the Common Company Stock is listed.
Appears in 4 contracts
Samples: Performance Vested Stock Unit Grant Agreement (Stock Yards Bancorp, Inc.), Performance Vested Stock Unit Grant Agreement (Stock Yards Bancorp, Inc.), Performance Vested Stock Unit Grant Agreement (Stock Yards Bancorp, Inc.)
Restrictions Imposed by Law. Notwithstanding any other provision of this Agreement, The Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock if counsel to the Company determines that such exercise, delivery or payment would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement between of the Company and with, any national securities exchange or association upon which the Common Stock is listedlisted or quoted. The Company shall in no event be obligated to take any affirmative action in order to cause the issuance or delivery of shares of Common Stock to comply with any such law, rule, regulation or agreement.
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Samples: Performance Share Award Agreement (Gulfport Energy Corp)
Restrictions Imposed by Law. Notwithstanding any other provision of this Agreement, Grantee agrees that Gxxxxxx will not exercise the Option and that the Company will not be obligated to deliver any shares of Common Stock Stock, if counsel to the Company determines that such exercise, delivery or payment would violate any law or regulation of any governmental authority or any agreement between the Company Company, or Acap, and any national securities exchange upon which the Common Stock is listed. The Company shall in no event be obligated to take any affirmative action in order to cause the exercise of the Option or the resulting delivery of shares of Common Stock to comply with any law or regulation of any governmental authority.
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Restrictions Imposed by Law. Notwithstanding any other provision of this Agreement, Grantee agrees that the Company will not be obligated to deliver any shares of Common Stock or make any cash payment if counsel to the Company determines that such exercise, delivery or payment would violate any law or regulation of any governmental authority or any agreement between the Company and any national securities exchange upon which the Common Stock is listed. The Company shall in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock or other payment to comply with any law or regulation of any governmental authority.
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