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

Restrictions on Grant of the Option and Issuance of Shares. The grant of the Option and the issuance of shares of Stock upon exercise of the Option shall be subject to compliance with all applicable requirements of federal, state or foreign law with respect to such

Restrictions on Grant of the Option and Issuance of Shares. The grant of the Option and the issuance of the shares of Stock upon exercise of the Option shall be subject to compliance with all applicable requirements of federal, state or foreign law with respect to suchsuch securities. The Option may not be exercised if the issuance of shares upon such exercise would constitute a violation of any applicable federal, state or foreign securities laws or other law or regulations.

Restrictions on Grant of the Option and Issuance of Shares. The grant of the Option and the issuance of the shares of Stock upon exercise of the Option shall be subject to compliance with all applicable requirements of federalforeign, federal or state or foreign law with respect to suchsuch securities. The Option may not be exercised if the issuance of shares upon such exercise would