Common use of LIABILITY OF CORPORATION Clause in Contracts

LIABILITY OF CORPORATION. (a) The grant of the Awarded Shares shall be subject to compliance by the Corporation and Participant with all applicable requirements of law relating thereto, including, without limitation, state and federal securities laws. The Corporation shall not be obligated to register, qualify or make any exemption from registration qualification available with respect to any Awarded Shares under any such laws.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Howard Bancorp Inc), Restricted Stock Agreement (Howard Bancorp Inc), Restricted Stock Agreement (WSB Holdings Inc)

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LIABILITY OF CORPORATION. (a) The grant of the Awarded Shares shall be subject to compliance by the Corporation and Participant Executive with all applicable requirements of law relating thereto, including, without limitation, state and federal securities laws. The Corporation shall not be obligated to register, qualify or make any exemption from registration qualification available with respect to any Awarded Shares under any such laws.

Appears in 1 contract

Samples: Restricted Stock Agreement (Entremed Inc)

LIABILITY OF CORPORATION. (a) The grant of the Awarded Shares shall be subject to compliance by the Corporation and Participant with all applicable requirements of law relating thereto, including, without limitation, state and federal securities laws. The Corporation shall not be obligated to register, qualify or make any exemption from registration qualification available with respect to any Restricted Stock Units or Awarded Shares under any such laws.

Appears in 1 contract

Samples: Award Agreement (Howard Bancorp Inc)

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LIABILITY OF CORPORATION. (a) The grant of the Awarded Shares shall be subject to compliance by the Corporation Company and Participant with all applicable requirements of law relating thereto, including, without limitation, state and federal securities laws. The Corporation shall not be obligated to register, qualify or make any exemption from registration qualification available with respect to any Awarded Shares under any such laws.

Appears in 1 contract

Samples: Restricted Stock Agreement (Mechanical Technology Inc)

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