Common use of Restrictions on Exercise Clause in Contracts

Restrictions on Exercise. This option may not be exercised if the issuance of Common Stock upon Optionee’s exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal or state securities law or other applicable law or regulation. As a condition to the exercise of this option, the Company may require Optionee to make any representations and warranty to the Company as may be required by any applicable law or regulation.

Appears in 16 contracts

Samples: Non Qualified Stock Option Agreement (Travelzoo), Non Qualified Stock Option Agreement (Travelzoo), Non Qualified Stock Option Agreement (Travelzoo)

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Restrictions on Exercise. This option The Option may not be exercised if the issuance of Common Stock upon Optionee’s exercise such Shares or the method of payment of the consideration for such Common Stock Shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law laws or regulationregulations, or any rules or regulations of any stock exchange on which the Common Stock is listed. As a condition to In addition, Optionee understands and agrees that the exercise of this option, Option cannot be exercised if the Company may require Optionee to make any representations and warranty to determines that such exercise, at the Company as may time of such exercise, will be required by any applicable law or regulationin violation of the Company’s xxxxxxx xxxxxxx policy.

Appears in 13 contracts

Samples: Nonqualified Stock Option Agreement (Resaca Exploitation, Inc.), Nonqualified Stock Option Agreement (Resaca Exploitation, Inc.), Nonqualified Stock Option Agreement (Resaca Exploitation, Inc.)

Restrictions on Exercise. This option The Option may not be exercised if the issuance of Common Stock upon Optionee’s exercise such Shares or the method of payment of the consideration for such Common Stock Shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law laws or regulationregulations, or any rules or regulations of any stock exchange on which the Common Stock may be listed. As a condition to In addition, Optionee understands and agrees that the exercise of this option, Option cannot be exercised if the Company may require Optionee to make any representations and warranty to determines that such exercise, at the Company as may time of such exercise, will be required by any applicable law or regulationin violation of the Company’s ixxxxxx xxxxxxx policy.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Agreement (Vaalco Energy Inc /De/), Stock Option Agreement (T-3 Energy Services Inc), Option Agreement (Smith International Inc)

Restrictions on Exercise. This option The Option may not be exercised if the issuance of Common Stock upon Optionee’s exercise such Shares or the method of payment of the consideration for such Common Stock Shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law laws or regulationregulations, or any rules or regulations of any stock exchange on which the Common Stock may be listed. As a condition to In addition, Optionee understands and agrees that the exercise of this option, Option cannot be exercised if the Company may require Optionee to make any representations and warranty to determines that such exercise, at the Company as may time of such exercise, will be required by any applicable law or regulationin violation of the Company’s xxxxxxx xxxxxxx policy.

Appears in 8 contracts

Samples: Incentive Stock Option Agreement (Consolidated Graphics Inc /Tx/), Non Statutory Stock Option Agreement (Consolidated Graphics Inc /Tx/), Non Statutory Stock Option Agreement (Consolidated Graphics Inc /Tx/)

Restrictions on Exercise. This Notwithstanding anything contained herein to the contrary, this option may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law laws or other applicable law laws or regulationregulations. As a condition to the exercise of this option, the Company Committee may require Optionee the person exercising this option to make any such representations and warranty agree to the Company such covenants as may be required by any applicable law or regulation.

Appears in 6 contracts

Samples: Employment Agreement (Galacticomm Technologies Inc), Employment Agreement (Galacticomm Technologies Inc), Stock Option and Agreement (Galacticomm Technologies Inc)

Restrictions on Exercise. This option These Options may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities or other law or other applicable law or valid regulation. As a condition to the Optionee's exercise of this optionthese Options, the Company may require Optionee the person exercising these Options to make any representations representation and warranty to the Company as may be required by any applicable law or regulation.

Appears in 4 contracts

Samples: Form of Stock Option Agreement (Guaranty Federal Bancshares Inc), Stock Option Agreement (FSF Financial Corp), Form of Stock Option Agreement (Guaranty Federal Bancshares Inc)

Restrictions on Exercise. This option Option may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law or regulation or any other applicable law or valid regulation. As a condition to the exercise of this optionOption, the Company Corporation may require Optionee the person exercising this Option to make any representations and representation or warranty to the Company Corporation as may be required by any applicable law or regulation, and may require the Optionee to comply with the matters set forth in Sections 4.05 and 4.06 of the Plan.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Tierone Corp), Tierone Corporation Incentive Stock Option Agreement 2003 Stock Option Plan (Tierone Corp), Tierone Corporation Compensatory Stock Option Agreement (Tierone Corp)

Restrictions on Exercise. This option The Option may not be exercised if the issuance of Common Stock upon Optionee’s exercise such Shares or the method of payment of the consideration for such Common Stock Shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law laws or regulationregulations, or any rules or regulations of any stock exchange on which the Common Stock may be listed. As In addition, to the extent required by the Committee as a condition precedent to the grant and/or exercise of this optionthe Option, the Company may require Optionee (and spouse), if applicable, must first execute and become a party to make any representations and warranty to Stockholders Agreement in the Company as may be required form then in use by any applicable law or regulationthe Company.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Basic Energy Services Inc), Nonqualified Stock Option Agreement (Basic Energy Services Inc), Basic Energy Services Inc

Restrictions on Exercise. This option The Option may not be exercised if the issuance of such Common Stock upon Optionee’s or the exercise or of the Option itself (including but not limited to the method of payment of the consideration for such shares of Common Stock Stock) would constitute a violation of any applicable Federal federal or state securities law or other applicable law laws or regulation. As a condition to regulations, any rules or regulations of any stock exchange on which the exercise of this option, the Company may require Optionee to make any representations and warranty to the Company as Common Stock may be required by any applicable law listed or regulationCompany policies.

Appears in 2 contracts

Samples: Nonstatutory Stock Option (Mission Resources Corp), Nonstatutory Stock Option Grant Agreement (Mission Resources Corp)

Restrictions on Exercise. This option The Option may not be exercised if the issuance of the Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law laws or other applicable law laws or regulationregulations. As a condition to the exercise of this optionthe Option, the Company may require Optionee the Outside Director to make any representations representation and warranty to the Company as may be required by any applicable law or regulation.

Appears in 2 contracts

Samples: Stock Incentive Plan Stock Option Agreement (Scholastic Corp), Scholastic Corp

Restrictions on Exercise. This option may not be exercised if If the issuance of Common Stock Shares upon Optionee’s such exercise or if the method of payment of consideration for such Common Stock shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law or regulation, then the Stock Option may not be exercised. As a condition to the exercise of this option, the The Company may require the Optionee to make any representations representation and warranty to the Company as may be required by any applicable law or regulationregulation before allowing the Stock Option to be exercised.

Appears in 2 contracts

Samples: Stock Option Agreement (Research Solutions, Inc.), Genesis Biopharma (Genesis Biopharma, Inc)

Restrictions on Exercise. This option Option may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law or regulation or any other applicable law or valid regulation. As a condition to the exercise of this optionOption, the Company Corporation may require Optionee the person exercising this Option to make any representations and representation or warranty to the Company Corporation as may be required by any applicable law or regulation.

Appears in 2 contracts

Samples: Compensatory Stock Option Agreement (Alliance Bancorp, Inc. Of Pennsylvania), 2011 Stock Option Plan (Alliance Bancorp, Inc. Of Pennsylvania)

Restrictions on Exercise. This option The Option may not be exercised if the issuance of the Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law laws or other applicable law laws or regulationregulations. As a condition to the exercise of this optionthe Option, the Company may require Optionee the Outside Director to make any representations representation and warranty to the Company as may be required by any applicable law or regulation. The Option may not be exercised during any period prohibited by the Company’s stock trading policies or applicable securities laws. The Option may not be exercised with respect to a fractional share of Common Stock.

Appears in 2 contracts

Samples: Outside Directors Stock Incentive Plan (Scholastic Corp), Stock Option Agreement (Scholastic Corp)

Restrictions on Exercise. This option Option may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law or regulation or any other applicable law or valid regulation. As a condition to the exercise of this optionOption, the Company Corporation may require Optionee the person exercising this Option to make any representations and representation or warranty to the Company Corporation as may be required by any applicable law or regulation, and may require the Optionee to comply with the matters set forth in Sections 9(d) and 14 of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Southern National Bancorp of Virginia Inc)

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Restrictions on Exercise. This The stock options covered by this stock option agreement may not be exercised if the issuance of the Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities or other law or other applicable law or valid regulation. As a condition to the Optionee's exercise of the stock options covered by this optionstock option agreement, the Company may require Optionee the person exercising the stock options to make any representations representation and warranty to the Company as may be required by any applicable law or regulation.

Appears in 1 contract

Samples: Thistle Group Holdings Co

Restrictions on Exercise. This option may not be exercised if If the issuance of shares of Common Stock upon Optionee’s such exercise or if the method of payment of consideration for such Common Stock shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law or regulation, then the Option may not be exercised. As a condition to the exercise of this option, the The Company may require the Optionee to make any representations representation and warranty to the Company as may be required by any applicable law or regulationregulation before allowing the Option to be exercised.

Appears in 1 contract

Samples: Stock Option Agreement (Demand Media Inc.)

Restrictions on Exercise. This The stock options covered by this stock option agreement may not be exercised if the issuance of the Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities or other law or other applicable law or valid regulation. As a condition to the Optionee's exercise of the stock options covered by this optionstock option agreement, the Company may require Optionee the person exercising these options to make any representations representation and warranty to the Company as may be required by any applicable law or regulation.

Appears in 1 contract

Samples: Thistle Group Holdings Co

Restrictions on Exercise. This option may not be exercised if the issuance of Common Stock upon Optionee’s exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable U.S. Federal or state securities law or other applicable law or regulation. As a condition to the exercise of this option, the Company may require Optionee to make any representations and warranty to the Company as may be required by any applicable law or regulation.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Travelzoo)

Restrictions on Exercise. This option Option may not be exercised if the issuance of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities or other law or other applicable law or valid regulation. As a condition to the Optionee's exercise of this optionOption, the Company Corporation may require Optionee the person exercising this Option to make any representations representation and warranty to the Company Corporation as may be required by any applicable law or regulation.

Appears in 1 contract

Samples: Stock Option Agreement (Nittany Financial Corp)

Restrictions on Exercise. This option Option may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities or other law or other applicable law or valid regulation. As a condition to the Optionee's exercise of this optionOption, the Company Corporation may require Optionee the person exercising this Option to make any representations representation and warranty to the Company Corporation as may be required by any applicable law or regulation.

Appears in 1 contract

Samples: Stock Option Agreement (Nittany Financial Corp)

Restrictions on Exercise. This option The Option may not be exercised if the issuance of Common Stock upon Optionee’s exercise such Shares or the method of payment of the consideration for such Common Stock Shares would constitute a violation of any applicable Federal federal or state securities law or other applicable law laws or regulationregulations, or any rules or regulations of any stock exchange on which the Common Stock may be listed. As In addition, as a condition precedent to the grant and/or exercise of this optionthe Option, the Company may require Optionee to make any representations (and warranty spouse), if applicable, must first execute and become a party to the Company Stockholders Agreement as may be required by any applicable law or regulation.attached hereto as Exhibit A.

Appears in 1 contract

Samples: Basic Energy Services Inc

Restrictions on Exercise. This option Option may not be exercised if the issuance of the shares of Common Stock upon Optionee’s such exercise or the method of payment of consideration for such Common Stock would constitute a violation of any applicable Federal federal or state securities law or regulation or any other applicable law or valid regulation. As a condition to the exercise of this optionOption, the Company Corporation may require Optionee the person exercising this Option to make any representations and representation or warranty to the Company Corporation as may be required by any applicable law or regulation, and may require the Optionee to comply with the matters set forth in Section XIV(d) of the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Southern National Bancorp of Virginia Inc)

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