Common use of Sales by Affiliates Clause in Contracts

Sales by Affiliates. The Optionee will comply with Rule 145 of the Securities Act of 1933 and any other restrictions imposed under other applicable legal or accounting principles if the Optionee is an “affiliate” (as defined in such applicable legal and accounting principles) at the time of the transaction, and the Optionee will execute any documents necessary to ensure compliance with such rules. The Company reserves the right to place a legend on any stock certificate issued upon the exercise of an Award pursuant to the Plan to assure compliance with this Section 6.

Appears in 2 contracts

Samples: Bioenergy Corporation Stock Option Agreement (US BioEnergy CORP), Bioenergy Corporation Stock Option Agreement (US BioEnergy CORP)

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Sales by Affiliates. The Optionee will comply with Rule 145 of the Securities Act of 1933 and any other restrictions imposed under other applicable legal or accounting principles if the Optionee is an “affiliate” (as defined in such applicable legal and accounting principles) at the time of the transaction, and the Optionee will execute any documents necessary to ensure compliance with such rules. The Company reserves the right to place a legend on any stock certificate issued upon the exercise of an Award a Stock Option pursuant to the Plan to assure compliance with this Section 67.

Appears in 1 contract

Samples: Agreement (US BioEnergy CORP)

Sales by Affiliates. The Optionee will comply with Rule 145 of the Securities Act of 1933 and any other restrictions imposed under other other. applicable legal or accounting principles if the Optionee is an “affiliate” (as defined in such applicable legal and accounting principles) at the time of the transaction, and the Optionee will execute any documents necessary to ensure compliance with such rules. The Company reserves the right to place a legend on any stock certificate issued upon the exercise of an Award a Stock Option pursuant to the Plan to assure compliance with this Section 67.

Appears in 1 contract

Samples: Agreement (US BioEnergy CORP)

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Sales by Affiliates. The Optionee will comply with with. Rule 145 of the Securities Act of 1933 and any other restrictions imposed under other applicable legal or accounting principles if the Optionee is an “affiliate” (as defined in such applicable legal and accounting principles) at the time of the transaction, and the Optionee will execute any documents necessary to ensure compliance with such rules. The Company reserves the right to place a legend on any stock certificate issued upon the exercise of an Award a Stock Option pursuant to the Plan to assure compliance with this Section 67.

Appears in 1 contract

Samples: Agreement (US BioEnergy CORP)

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