SECURITIES AND RELEVANT LEGISLATION Sample Clauses
The 'Securities and Relevant Legislation' clause defines the parties' obligations to comply with all applicable securities laws and regulations in relation to the agreement. It typically requires that any issuance, transfer, or handling of securities under the contract adheres to national and local legal requirements, such as registration, disclosure, or reporting duties. This clause ensures that all transactions involving securities are legally compliant, thereby reducing the risk of regulatory violations and associated penalties.
SECURITIES AND RELEVANT LEGISLATION. 7.1 The Options may not be exercised if the exercise of the Options or the issue of Common Shares thereafter would be contrary to any enactment or regulation at the time being in force in any country having jurisdiction in relation thereto. In particular, the Options shall not be exercisable unless the offer and sale of the Common Shares subject to the Options have been registered under the United States Securities Act of 1933, as amended and qualified under applicable state “blue sky” laws, or the Company has determined that an exemption from registration under the Securities Act of 1933 and from qualification under such state “blue sky” laws is available. Neither the Employing Company nor the Company shall be bound to take any action or obtain the consent of any governmental authority to such acquisition, exercise or issue or to take any action to ensure that any such acquisition, exercise or issue is in accordance with any such enactment or regulation if such action would, in the opinion of the Employing Company or the Company (as the case may be), be unduly onerous and neither the Employing Company nor the Company shall have any liability in respect thereof to the Grantee.
7.2 The Grantee hereby agrees to abide by the Financial Instruments and Exchange Law of Japan, and all relevant securities laws, i▇▇▇▇▇▇ ▇▇▇▇▇▇▇ legislation, corporate act, tax laws, any other relevant laws, rules and regulations (including relevant foreign, state and local laws) and relevant internal rules of the Company and the Employing Company (including, without limitation, the rules on all insider information, trading prohibition and buying and selling Common Shares in relation to the exercise of any Options and the subsequent sale of the Common Shares acquired upon exercise). The Company may, at its discretion, impose such conditions on the exercise of the Options as it shall deem necessary in order for such exercise to comply with any applicable enactments or regulations, including but not limited to, the requirement that an investment representation be given by the Grantee or that certificates for shares of Common Stock be subject to a legend describing restrictions on transfer. If there is any possibility of violation of relevant laws and rules, the Grantee shall immediately contact the Company to discuss them; provided, however, that the Grantee is solely responsible for obtaining his own legal advice in connection with the grant and exercise of the Options.
SECURITIES AND RELEVANT LEGISLATION. 7 8. NO GUARANTEE OF CONTINUING EMPLOYMENT OR OFFICE...........................7
SECURITIES AND RELEVANT LEGISLATION. 6.1 The Options may not be exercised if the exercise of the Options or the related issue of Common Shares thereafter would be contrary to any enactment or regulation at the time being in force in any country having jurisdiction in relation thereto. Neither the Employing Company nor the Company shall be bound to take any action or obtain the consent of any governmental authority to such acquisition, exercise or issue or to take any action to ensure that any such acquisition, exercise or issue is in accordance with any such enactment or regulation if such action would, in the opinion of the Employing Company or the Company (as the case may be), be unduly onerous and neither the Employing Company nor the Company shall have any liability in respect thereof to the Grantee.
6.2 The Grantee hereby agrees to abide by the Securities and Exchange Law of Japan, and all relevant securities laws, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ legislation, corporate act, tax laws, any other relevant laws, rules and regulations (including relevant foreign, state and local laws) and relevant internal rules of the Company and the Employing Company (including, without limitation, the rules on all insider information, trading prohibition and buying and selling Common Shares in relation to the exercise of any Options and the subsequent sale of the Common Shares acquired upon exercise). If there is any possibility of violation of relevant laws and rules, the Grantee shall immediately contact the Company to discuss them; provided, however, that the Grantee is solely responsible for obtaining his own legal advice in connection with the grant and exercise of the Options.