Common use of Conditions to Issuance of Stock Certificates Clause in Contracts

Conditions to Issuance of Stock Certificates. WCP may postpone the time of delivery of the certificates for Option Shares for such additional time as WCP shall deem necessary or desirable to enable it to comply with the listing requirements of any securities exchange with which the Common Stock may be listed or the requirements of the Act or the Exchange Act, or any rules and regulations of the Securities and Exchange Commission promulgated thereunder, or the requirements of applicable state laws relating to the authorization, issuance or sale of securities.

Appears in 6 contracts

Samples: Stock Option Agreement (World Color Press Inc /De/), Stock Option Agreement (World Color Press Inc /De/), Stock Option Agreement (World Color Press Inc /De/)

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Conditions to Issuance of Stock Certificates. WCP may postpone the time of delivery of the certificates for Option Shares for such additional time as WCP shall deem necessary or desirable to enable it to comply with the listing requirements of any securities exchange with which the Common Stock may be listed or the requirements of the Act or the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any rules and regulations of the Securities and Exchange Commission promulgated thereunder, or the requirements of applicable state laws relating to the authorization, issuance or sale of securities.

Appears in 4 contracts

Samples: Stock Option Agreement (World Color Press Inc /De/), Stock Option Agreement (World Color Press Inc /De/), Stock Option Agreement (World Color Press Inc /De/)

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