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Common use of Restrictions on Grant of the Award and Issuance of Shares Clause in Contracts

Restrictions on Grant of the Award and Issuance of Shares. The grant of the Award and issuance of Shares upon settlement of the Award shall be subject to compliance with all applicable requirements of federal, state or foreign law with respect to such securities and issuance of the Shares may be delayed where the Company reasonably anticipates that the making of the payment will violate Federal securities law or other applicable law; provided that the payment is made at the earliest date at which the Company reasonably anticipates that the making of the payment will not cause such violation.

Appears in 5 contracts

Samples: Performance Units Agreement (Hain Celestial Group Inc), Performance Units Agreement (Hain Celestial Group Inc), Separation Agreement (Hain Celestial Group Inc)

Restrictions on Grant of the Award and Issuance of Shares. The grant of the Award and issuance of Shares upon settlement of the Award shall be subject to compliance with all applicable requirements of federal, state or foreign law with respect to such securities and issuance of the Shares may be delayed where the Company reasonably anticipates that the making of the payment will violate Federal federal securities law or other applicable law; provided that the payment is made at the earliest date at which the Company reasonably anticipates that the making of the payment will not cause such violation.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (TherapeuticsMD, Inc.), Employment Agreement (TherapeuticsMD, Inc.)

Restrictions on Grant of the Award and Issuance of Shares. The grant of the Award and issuance of Shares upon settlement of the Award shall be subject to compliance with all applicable requirements of federal, state or foreign law with respect to such securities and issuance of the Shares may be delayed where the Company reasonably anticipates that the making of the payment will violate Federal federal securities law or other applicable law; provided that the payment is made at the earliest date at which the Company reasonably anticipates that the making of the payment will not cause such violation.. EAST\185264981.4

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TherapeuticsMD, Inc.)