Common use of Compliance with Exchange Act Clause in Contracts

Compliance with Exchange Act. If the Grantee is subject to Section 16 of the Exchange Act, Restricted Stock Rights granted pursuant to this Award are intended to comply with all applicable conditions of Rule 16b-3 or its successors under the Exchange Act.

Appears in 6 contracts

Samples: Restricted Stock Rights Award Agreement (Public Service Co of New Mexico), Restricted Stock Rights Award Agreement (Public Service Co of New Mexico), Restricted Stock Rights Award Agreement (PNM Resources Inc)

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Compliance with Exchange Act. If the Grantee is subject to Section 16 of the Exchange Act, Restricted Stock Rights granted pursuant to this Award are intended to comply with all applicable conditions of Rule 16b-3 or its successors under the Exchange Act.

Appears in 2 contracts

Samples: Restricted Stock Rights Award Agreement (PNM Resources Inc), Restricted Stock Rights Award Agreement (PNM Resources Inc)

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Compliance with Exchange Act. If the Grantee is subject to Section 16 of the Securities Exchange ActAct of 1934, Restricted as amended, the shares of Stock Rights granted pursuant to this Award are is intended to comply with all applicable conditions of Rule 16b-3 or its successors under the Exchange Act.

Appears in 1 contract

Samples: Performance Share Award Agreement (Peregrine Pharmaceuticals Inc)

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