Common use of Restrictions on Option and Shares Clause in Contracts

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option and the Shares or other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option or Shares. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate for Shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 14 contracts

Samples: Nonqualified Stock Option Agreement (Targacept Inc), Nonqualified Stock Option Award Agreement (Alynx, Co.), Incentive Stock Option Award Agreement (Alynx, Co.)

AutoNDA by SimpleDocs

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option and any shares issued pursuant to the Shares or other benefits underlying exercise of the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, sky or state or foreign securities laws applicable to such Option or Sharesshares. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate for Shares shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 12 contracts

Samples: Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option and any shares issued pursuant to the Shares or other benefits underlying exercise of the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, sky or state or foreign securities laws applicable to such Option or Sharesshares. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate for Shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 5 contracts

Samples: Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option and the Shares or other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option Shares or Sharesother benefits. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate for Shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 4 contracts

Samples: Employee Incentive Stock Option Agreement (Charles & Colvard LTD), Independent Contractor Nonqualified Stock Option Agreement (Charles & Colvard LTD), Director Nonqualified Stock Option Agreement (Charles & Colvard LTD)

Restrictions on Option and Shares. The Corporation Company may impose such restrictions on the Option and the any Shares or other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option or Shares. Notwithstanding any other provision in the Plan or the this Agreement to the contrary, the Corporation Company shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations Applicable Law (including but not limited to the requirements of the Securities Act). The Corporation Company may cause a restrictive legend to be placed on any certificate for Shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations Applicable Law or as may be advised by legal counsel.

Appears in 4 contracts

Samples: Stock Option Agreement (Qorvo, Inc.), Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option and any shares issued pursuant to the Shares or other benefits underlying exercise of the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, sky or state or foreign securities laws applicable to such Option or Sharesshares. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities ActAct of 1933, as amended). The Corporation may cause a restrictive legend to be placed on any certificate for Shares shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 2 contracts

Samples: Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option Option, the shares and the Shares or any other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option or Sharessecurities. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate certificate(s) for Shares shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 2 contracts

Samples: Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

AutoNDA by SimpleDocs

Restrictions on Option and Shares. The Corporation Company may impose such restrictions on the Option and the any Shares or other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the U.S. federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option or Shares. Notwithstanding any other provision in the Plan or the this Agreement to the contrary, the Corporation Company shall not be obligated to issue, deliver or transfer shares of Common StockShares, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations Applicable Law (including but not limited to the requirements of the Securities Act). The Corporation Company may cause a restrictive legend to be placed on any certificate for Shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations Applicable Law or as may be advised by legal counsel.

Appears in 1 contract

Samples: Stock Option Agreement (Qorvo, Inc.)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option, any shares issued pursuant to the exercise of the Option and the Shares or any other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option or Sharessecurities. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate certificate(s) for Shares shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 1 contract

Samples: Stock Option Agreement (Rf Micro Devices Inc)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Incentive Option and the Shares or other benefits underlying the Incentive Option as it may deem advisable, including including, without limitation limitation, restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such the Incentive Option or the Shares. Notwithstanding any other provision in the Plan or the this Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stockthe Shares, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including including, but not limited to to, the requirements of the Securities Actfederal securities laws). The Corporation may cause a restrictive legend to be placed on any certificate for the Shares issued pursuant to the exercise of the Incentive Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 1 contract

Samples: Incentive Option Agreement (BigString CORP)

Restrictions on Option and Shares. The Corporation may impose such restrictions on the Option and the Shares or other benefits underlying the Option as it may deem advisable, including without limitation restrictions under the federal securities laws, the requirements of any stock exchange or similar organization and any blue sky, state or foreign securities laws applicable to such Option or Shares. Notwithstanding any other provision in the Plan or the Agreement to the contrary, the Corporation shall not be obligated to issue, deliver or transfer shares of Common Stock, to make any other distribution of benefits, or to take any other action, unless such delivery, distribution or action is in compliance with all applicable laws, rules and regulations (including but not limited to the requirements of the Securities Act). The Corporation may cause a restrictive legend to be placed on any certificate for Shares issued pursuant to the exercise of the Option in such form as may be prescribed from time to time by applicable laws and regulations or as may be advised by legal counsel.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Alynx, Co.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!