Common use of LIABILITY OF CORPORATION Clause in Contracts

LIABILITY OF CORPORATION. A. If the Shares Granted covered by this Agreement exceed, as of the Date of Grant, the number of shares which may without stockholder approval be issued under the Plan, then this option shall be void with respect to such excess shares unless stockholder approval of an amendment sufficiently increasing the number of shares issuable under the Plan is obtained in accordance with the provisions of Section II of Article Five of the Plan.

LIABILITY OF CORPORATION. A. If the Option Shares Granted covered by this Agreement exceed, as of the Date of Grant, the number of shares which may without stockholder approval be issued under the Plan, then this option shall be void with respect to such excess shares unless stockholder approval of an amendment sufficiently increasing the number of shares issuable under the Plan is obtained in accordance with the provisions of Section II of Article Five of the Plan.

LIABILITY OF CORPORATION. A. If the Option Shares Granted covered by this Agreement exceed, as of the Date of GrantGrant Date, the number of shares of Common Stock which may without stockholder shareholder approval be issued under the Plan, then this option Option shall be void with respect to such excess shares shares, unless stockholder shareholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan is obtained in accordance with the provisions of Article IV, Section II of Article Five 3, of the Plan.