Other Conditions and Limitations. The Option shall not be assignable or transferable by the Optionee otherwise than by will or by the laws of descent and distribution, and the Option shall be exercisable during the lifetime of the Optionee by the Optionee only.
Other Conditions and Limitations. (a) The Option is granted on the condition that the purchase of Common Stock hereunder shall be for investment purposes and not with a view to resale or distribution, except that such condition shall be inoperative if the offering of Common Stock subject to the Option is registered under the 1933 Act or if in the opinion of counsel for the Company such Stock may be resold without registration. At the time of the exercise of the Option or any installment thereof, the Optionee will execute such further agreements as the Company may require to implement the foregoing condition and to acknowledge the Optionee's familiarity with restrictions on the sale of the Shares under applicable securities laws.
Other Conditions and Limitations. The Option shall not be assignable or transferable by the Participant otherwise than by will or by the laws of descent and distribution, and the Option shall be exercisable during the lifetime of the Participant by the Participant only.
Other Conditions and Limitations. The Option shall not be -------------------------------- transferable by the Consultant otherwise than by will or by the laws of descent and distribution, and the Option shall be exercisable during the lifetime of the Consultant by the Consultant only.
Other Conditions and Limitations. Any other provision hereof notwithstanding:
Other Conditions and Limitations. A. In the case of the trainer engaged in Phono-Graphix training as a corporate entity, all lia- bilities under this agreem ent m ay fall to both the individual trainer and the corporate enti- ty.
Other Conditions and Limitations. (a) The Company will furnish upon request of the Optionee copies of such publicly available financial and other information concerning the Company and its business and prospects as may be reasonably requested by the Optionee in connection with the exercise of this option.
Other Conditions and Limitations. The Grant Shares are granted on the -------------------------------- condition that the receipt of the Grant Shares hereunder shall be for investment purposes and not with a view to resale or distribution, except that such condition shall be inoperative if the reoffering of Grant Shares is registered under the Securities Act of 1933, as amended, or if in the opinion of counsel for the Company such Grant Shares may be resold without registration.
Other Conditions and Limitations. (a) Any Shares issued upon exercise of the Option shall not be issued unless the issuance and delivery of Shares pursuant thereto shall comply with all relevant provisions of law including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, any applicable state securities or "Blue Sky" law or laws (or an exemption from such provision is available), and the requirements of any stock exchange upon which the 2 Shares may then be listed and shall be further subject to the approval of counsel for the Company with respect to such compliance.
Other Conditions and Limitations. (a) The Company shall register the Common Stock subject to this option on Form S-8 under the Securities Act of 1933, as amended. The option is granted on the condition that the purchase of Common Stock hereunder shall be for investment purposes and not with a view to resale or distribution, except that such condition shall be inoperative if the offering of Common Stock subject to the option is registered, or if in the opinion of counsel for the Company such Common Stock may be resold without registration. At the time of the exercise of the option or any installment thereof, the Optionee will execute such further agreements as the Company may require to implement the foregoing condition and to acknowledge the Optionee's familiarity with restrictions on the resale of the shares under applicable securities laws.
