Common use of Restrictions on Delivery of Shares Clause in Contracts

Restrictions on Delivery of Shares. The Company shall not be obligated to issue or deliver any shares of Common Stock if counsel to the Company determines that such issuance or delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. If necessary to comply with any such law, rule, regulation or agreement, the Company shall in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock.

Appears in 7 contracts

Samples: Restricted Stock Unit Award Agreement (Coterra Energy Inc.), Performance Stock Unit Award Agreement (Coterra Energy Inc.), Agreement (Coterra Energy Inc.)

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Restrictions on Delivery of Shares. The Company shall not be obligated to issue or deliver any shares of Common Stock if counsel to the Company determines that such issuance or delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. If necessary to comply with any such law, rule, regulation or agreement, the Company shall in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock.

Appears in 3 contracts

Samples: Non Employee Director Restricted Stock Unit Award Agreement (Cabot Oil & Gas Corp), Agreement (Cabot Oil & Gas Corp), 2004 Incentive Plan (Cabot Oil & Gas Corp)

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Restrictions on Delivery of Shares. The Notwithstanding anything to the contrary set forth herein or in the Plan, the Company shall not be obligated to issue or deliver any shares of Common Stock if counsel to the Company determines that such issuance or delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock is listed or quoted. If necessary to comply with any such law, rule, regulation or agreement, the Company shall in no event be obligated to take any affirmative action in order to cause the delivery of shares of Common Stock.

Appears in 1 contract

Samples: Common Stock Award Agreement (Riley Exploration Permian, Inc.)

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