Common use of Listing, Qualification, Etc Clause in Contracts

Listing, Qualification, Etc. This option shall be subject to the requirement that, if at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval shall have been effected or obtained on conditions acceptable to the Board of Directors. Nothing herein shall be deemed to require the Company to apply for or to obtain such listing, registration or qualification.

Appears in 15 contracts

Samples: Incentive Stock Option Agreement (Alpha Pro Tech LTD), Incentive Stock Option Agreement (Alpha Pro Tech LTD), Qualified Stock Option Agreement (Alpha Pro Tech LTD)

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Listing, Qualification, Etc. This option shall be subject to the requirement thatthat if, if at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval shall have been effected or obtained on conditions acceptable to the Board of Directors. Nothing herein shall be deemed to require the Company to apply for or to obtain such listing, registration or qualification.

Appears in 2 contracts

Samples: Option Grant Agreement (Yurie Systems Inc), Non Statutory Stock Option Agreement (Global E Tutor Inc)

Listing, Qualification, Etc. This option shall be subject to the requirement thatthat if, if at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares Shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, other condition is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval approval, disclosure or satisfaction of such other condition shall have been effected affected or obtained on conditions terms acceptable to the Board of Directors. Nothing herein shall be deemed to require the Company to apply for for, effect or to obtain such listing, registration registration, qualification, or qualificationdisclosure, or to satisfy such other condition.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Novavax Inc), Non Statutory Stock Option Agreement (Novavax Inc)

Listing, Qualification, Etc. This option shall be subject to the requirement thatthat if, if at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this this, option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval shall have been effected or obtained on conditions acceptable to the Board of Directors. Nothing herein shall be deemed to require the Company to apply for or to obtain such listing, registration or qualification.

Appears in 1 contract

Samples: Stock Option Agreement (Telepad Corp)

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Listing, Qualification, Etc. This option Option shall be subject to the requirement thatthat if, if at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this option Option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval shall have been effected or obtained on conditions acceptable to the Board of Directors. Nothing herein shall be deemed to require the Company to apply for or to obtain such listing, registration or qualification.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Vastera Inc)

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