Common use of Suspension of Exercisability Clause in Contracts

Suspension of Exercisability. If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

Appears in 43 contracts

Samples: Nonqualified Stock Option Agreement, Performance Based Nonqualified Stock Option Agreement (Varian Medical Systems Inc), Time Based Nonqualified Stock Option Agreement (Varian Medical Systems Inc)

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Suspension of Exercisability. If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of the Shares SARs upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase exercise of Shares SARs hereunder, this option SAR may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

Appears in 19 contracts

Samples: Stock Appreciation Right Agreement (Gartner Inc), Stock Appreciation Right Agreement (Gartner Inc), Stock Appreciation Right Agreement (Gartner Inc)

Suspension of Exercisability. If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of the Shares shares upon any securities exchange or under any state or federal applicable law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal applicable law or securities exchange and to obtain any such required consent or approval of any such governmental authority.

Appears in 10 contracts

Samples: Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De)

Suspension of Exercisability. If at any time the Company shall ---------------------------- determine, in its discretion, that the listing, registration or qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Transamerica Corp), Nonqualified Stock Option Agreement (Transamerica Corp)

Suspension of Exercisability. If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of the Shares covered by this option upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

Appears in 2 contracts

Samples: Stock Option Agreement (Pmi Group Inc), Nonqualified Stock Option Agreement (Pmi Group Inc)

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Suspension of Exercisability. If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

Appears in 2 contracts

Samples: Stock Option Agreement (Pixar \Ca\), Stock Option Agreement (Pixar \Ca\)

Suspension of Exercisability. If at any time the ---------------------------- Company shall determine, in its discretion, that the listing, registration or qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Varian Medical Systems Inc)

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