Common use of Securities Law and Other Restrictions Clause in Contracts

Securities Law and Other Restrictions. Notwithstanding any other provision of the Plan or this Agreement, the Company will not be required to issue, and the Participant may not sell, assign, transfer or otherwise dispose of, any shares of Common Stock received as payment of the Deferred Stock Units, unless (a) there is in effect with respect to the shares of Common Stock received as payment of the Deferred Stock Units a registration statement under the Securities Act of 1933, as amended, and any applicable state or foreign securities laws or an exemption from such registration, and (b) there has been obtained any other consent, approval or permit from any other regulatory body which the Committee, in its sole discretion, deems necessary or advisable. The Company may condition such issuance, sale or transfer upon the receipt of any representations or agreements from the parties involved, and the placement of any legends on certificates representing Common Stock received as payment of the Deferred Stock Units, as may be deemed necessary or advisable by the Company in order to comply with such securities law or other restrictions.

Securities Law and Other Restrictions. Notwithstanding any other provision of the Plan or this Agreement, the Company will not be required to issueissue any Award Shares to the Grantee, and the Participant Grantee may not sell, assign, transfer or otherwise dispose of, any shares of Common Stock received as payment of the Deferred Stock UnitsAward Shares, unless (a) there is in effect with respect to the such shares of Common Stock received as payment of the Deferred Stock Units a registration statement under the Securities Act of 1933, as amended, amended (the "Securities Act") and any applicable state or foreign securities laws or an exemption from such registrationregistration under the Securities Act and applicable state or foreign securities laws, and (b) there has been obtained any other consent, approval or permit from any other regulatory body which the CommitteeCompany, in its sole discretion, deems necessary or advisable. The Company may condition such issuance, sale or transfer upon the receipt of any representations or agreements from the parties involved, and the placement of any legends on certificates representing shares of Common Stock received as payment of the Deferred Stock UnitsStock, as may be deemed necessary or advisable by the Company in order to comply with such securities law or other restrictions.

Securities Law and Other Restrictions. Notwithstanding any other provision of the Deferral Plan, the LTI Plan or this Agreement, the Company will not be required to issue, and the Participant Director may not sell, assign, transfer or otherwise dispose of, any shares of Common Stock common stock received as payment of the Deferred Stock Units, unless (a) there is in effect with respect to the shares of Common Stock common stock received as payment of for the Deferred Stock Units a registration statement under the Securities Act of 1933, as amended, and any applicable state or foreign securities laws or an exemption from such registration, and (b) there has been obtained any other consent, approval or permit from any other regulatory body which the Committee, in its sole discretion, deems necessary or advisable. The Company may condition such issuance, sale or transfer upon the receipt of any representations or agreements from the parties involved, and the placement of any legends on certificates representing Common Stock common stock received as payment of the Deferred Stock Units, as may be deemed necessary or advisable by the Company in order to comply with such securities law or other restrictions.

Securities Law and Other Restrictions. Notwithstanding any other provision of the Plan or this Agreement, the Company will not be required to issue, and the Participant Executive may not sell, assign, transfer or otherwise dispose of, any shares of Common Stock received as payment of the Deferred Stock Units, unless (a) there is in effect with respect to the shares of Common Stock received as payment of the Deferred Stock Units a registration statement under the Securities Act of 1933, as amended, and any applicable state or foreign securities laws or an exemption from such registration, and (b) there has been obtained any other consent, approval or permit from any other regulatory body which the Committee, in its sole discretion, deems necessary or advisable. The Company may condition such issuance, sale or transfer upon the receipt of any representations or agreements from the parties involved, and the placement of any legends on certificates representing Common Stock received as payment of the Deferred Stock Units, as may be deemed necessary or advisable by the Company in order to comply with such securities law or other restrictions.