Common use of Accounting Compliance Clause in Contracts

Accounting Compliance. Optionee agrees that, in the event a "change of control transaction" (as defined in Paragraph 2(c) above) is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of Rule 145 of the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principles, and will execute any documents necessary to ensure such compliance.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Winland Electronics Inc), Nonqualified Stock Option Agreement (Webmd Corp), Incentive Stock Option Agreement (Datakey Inc)

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Accounting Compliance. Optionee agrees that, in the event of a "change of control transaction" (as defined in Paragraph 2(c2(b) above) is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of Rule 145 of the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principles, and will execute any documents necessary to ensure such compliance.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Datakey Inc), Nonqualified Stock Option Agreement (Cardiovascular Systems Inc), Nonqualified Stock Option Agreement (Datakey Inc)

Accounting Compliance. Optionee agrees that, in the event a "change of control transaction" (as defined in Paragraph 2(c) 4 above) is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of Rule 145 of the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principles, and will execute any documents necessary to ensure such compliance.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Webmd Corp), Nonqualified Stock Option Agreement (Ivi Publishing Inc)

Accounting Compliance. Optionee agrees that, in the event a "change of control transaction" (as defined in Paragraph 2(c4(g) above) is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of pooling accounting rules and Rule 145 of under the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principlesprinciples as may be applicable, and will execute any documents necessary to ensure such compliance.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Kinnard Investments Inc), Nonqualified Stock Option Agreement (Kinnard Investments Inc)

Accounting Compliance. Optionee agrees that, in the event a "change of control transaction" (as defined in Paragraph 2(c) above) of the Company is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of Rule 145 of the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principles, and will execute any documents necessary to ensure such compliance.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Northern Star Financial Inc)

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Accounting Compliance. Optionee agrees that, in the event a "change of control transaction" (as defined in Paragraph 2(c2(a) above) is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of pooling accounting rules and Rule 145 of under the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principlesprinciples as may be applicable, and will execute any documents necessary to ensure such compliance.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Techne Corp /Mn/)

Accounting Compliance. Optionee agrees that, in the event of a "change of control transaction" (as defined in Paragraph 2(c) aboveSection 12 of the Plan) is treated as a "pooling of interests" under generally accepted accounting principles and Optionee is an "affiliate" of the Company or any Subsidiary (as defined in applicable legal and accounting principles) at the time of such change of control transaction, Optionee will comply with all requirements of Rule 145 of the Securities Act of 1933, as amended, and the requirements of such other legal or accounting principles, and will execute any documents necessary to ensure such compliance.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Alaska Apollo Resources Inc)

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