Common use of Restriction on Exercise Clause in Contracts

Restriction on Exercise. Notwithstanding any other provision hereof, this stock appreciation right shall not be exercised if at such time such exercise or the delivery of certificates representing shares of Common Stock purchased pursuant hereto shall constitute a violation of any rule of the Corporation, any provision of any applicable federal or state statute, rule or regulation, or any rule or regulation of any securities exchange on which the Common Stock may be listed.

Restriction on Exercise. Notwithstanding any other provision hereof, this stock appreciation right shall not be exercised if at such time such exercise or the delivery of certificates representing shares of Common Stock purchased pursuant hereto shall constitute a violation of any rule of the Corporation, any provision of any applicable federal Federal or state State statute, rule or regulation, or any rule or regulation of any securities exchange on which the Common Stock may be listed.

Restriction on Exercise. Notwithstanding any other provision hereof, this stock appreciation right option shall not be exercised if at such time such exercise or the delivery of certificates representing shares of Common Stock purchased pursuant hereto shall constitute a violation of any rule of the Corporation, any provision of any applicable federal Federal or state State statute, rule or regulation, or any rule or regulation of any securities exchange on which the Common Stock may be listed.