LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option shall relieve the Corporation of any liability in respect of the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Newstar Media Inc), Incentive Stock Option Agreement (Newstar Media Inc), Employment Agreement (Newstar Media Inc)
LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in with respect of to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Corporation however, shall use its best efforts to obtain all such approvals.
Appears in 3 contracts
Samples: Stock Option Agreement (Quickresponse Services Inc), Stock Option Agreement (Quickresponse Services Inc), Ultratech Stepper Inc
LIABILITY OF CORPORATION. The inability of the Corporation to obtain ------------------------ approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in with respect of to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Corporation shall use its best efforts to obtain all such approvals.
Appears in 2 contracts
Samples: Stock Option Agreement (Microelectronic Packaging Inc /Ca/), Stock Option Agreement (Meltronix Inc)
LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in respect of the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained.
Appears in 1 contract
Samples: Insight Health Services (Insight Health Services Corp)
LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the this Option shall relieve the Corporation of any liability in respect of to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained.
Appears in 1 contract
Samples: Stock Option Agreement (Hawaiian Vintage Chocolate Co Inc)
LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option shall relieve the Corporation of any liability in with respect of to the non-issuance nonissuance or sale nonsale of the Common Stock as to which such approval shall not have been obtained. The Corporation, however, shall use its best efforts to obtain all such approvals.
Appears in 1 contract
Samples: Corporation Stock Option Agreement (New Ico Global Communications Holdings LTD)
LIABILITY OF CORPORATION. The inability of the Corporation to ------------------------ obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in with respect of to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtainedobtaiwned. The Corporation however, shall use its best efforts to obtain all such approvals.
Appears in 1 contract
Samples: Supplemental Stock Option Plan (Portal Software Inc)
LIABILITY OF CORPORATION. The inability of the Corporation to ------------------------ obtain approval from any regulatory body having authority deemed by the Corporation to be deems necessary to the lawful issuance and sale of any Common Stock stock pursuant to the this Option shall relieve the Corporation of any liability in with respect to the nonissuance of the non-issuance or sale of the Common Stock stock as to which such approval shall not have been obtained. The Corporation, however, shall use its best efforts to obtain all such approvals.
Appears in 1 contract
Samples: Stock Option Agreement (Geocities)
LIABILITY OF CORPORATION. The inability of the Corporation to ------------------------ obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in with respect of to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Corporation, however, shall use its best efforts to obtain all such approvals.
Appears in 1 contract
Samples: Stock Option Agreement (Cuc International Inc /De/)
LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in with respect of to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. However, the Corporation shall use its best efforts to obtain all such applicable approvals.
Appears in 1 contract
Samples: Sunstone Hotel Investors Inc
LIABILITY OF CORPORATION. The inability of the Corporation to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option this option shall relieve the Corporation of any liability in respect of the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. 8.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Insight Health Services Corp)
