RESTRICTIONS UNDER SECURITIES LAW Sample Clauses
The "Restrictions Under Securities Law" clause defines the limitations and obligations imposed on parties regarding the sale, transfer, or offering of securities in compliance with applicable securities regulations. Typically, this clause clarifies that any shares or interests cannot be freely sold or transferred unless certain legal requirements—such as registration with regulatory authorities or qualifying for an exemption—are met. For example, it may restrict shareholders from selling their shares to the public without proper registration or restrict transfers to only accredited investors. The core function of this clause is to ensure that all parties adhere to securities laws, thereby reducing legal risk and preventing unauthorized or illegal transactions.
RESTRICTIONS UNDER SECURITIES LAW. All shares of Stock covered by this Agreement are subject to any restrictions which may be imposed under applicable state and federal securities laws and are subject to obtaining all necessary consents which may be required by, or any condition which may be imposed in accordance with, applicable state and federal securities laws or regulations.
RESTRICTIONS UNDER SECURITIES LAW. The issuance of RSUs and the shares of Common Stock covered by this Agreement are subject to any restrictions which may be imposed under applicable state and federal securities laws and are subject to obtaining all necessary consents which may be required by, or any condition which may be imposed in accordance with, applicable state and federal securities laws or regulations.
RESTRICTIONS UNDER SECURITIES LAW. The Performance Share Award and Shares potentially issuable pursuant this Agreement are subject to any restrictions which may be imposed under applicable state and federal securities laws and are subject to obtaining all necessary consents which may be required by, or any condition which may be imposed in accordance with, applicable state and federal securities laws or regulations.
RESTRICTIONS UNDER SECURITIES LAW. All shares of Bonus Stock covered by this Agreement are subject to any restrictions which may be imposed under applicable state and federal securities laws and are subject to obtaining all necessary consents which may be required by, or any condition which may be imposed in accordance with, applicable state and federal securities laws or regulations.
RESTRICTIONS UNDER SECURITIES LAW. The issuance of PSUs and the Shares covered by this Agreement are subject to any restrictions which may be imposed under applicable state and federal or foreign securities laws and are subject to obtaining all necessary consents which may be required by, or any condition which may be imposed in accordance with such laws.
