Common use of Restrictions on Issuance of Shares Clause in Contracts

Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares covered by the Options upon any Exchange or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Options, the Options may not be exercised in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 24 contracts

Samples: Option Agreement (Micron Technology Inc), Non Statutory Stock Option (Global Payments Inc), Non Statutory Stock Option (Global Payments Inc)

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Restrictions on Issuance of Shares. If at any time the Committee shall determine determine, in its discretion, that registrationlisting, listing registration or qualification of the Shares covered by the Options shares of Restricted Stock subject to this Agreement upon any Exchange securities exchange or under any foreign, federal, state or local law or practicefederal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise award or the release of the OptionsRestricted Stock hereunder, the Options such award or release may not be exercised made in whole or in part unless and until such listing, registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 5 contracts

Samples: Restricted Stock Grant Agreement (HCSB Financial Corp), Restricted Stock Grant Agreement (HCSB Financial Corp), Restricted Stock Grant Agreement (HCSB Financial Corp)

Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares covered by the Options Option upon any Exchange or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the OptionsOption, the Options Option may not be exercised in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 3 contracts

Samples: Award Agreement (Roper Technologies Inc), Roper Technologies Inc, Roper Industries Inc /De/

Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares covered by the Options Units upon any Exchange national securities exchange or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise settlement of the OptionsUnits in Shares, the Options may not no Shares shall be exercised in whole or in part delivered unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Wci Communities Inc), Restricted Stock Unit Agreement (Wci Communities Inc), Restricted Stock Unit Agreement (Wci Communities Inc)

Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares shares of Stock covered by the Options Option upon any Exchange securities exchange or similar self-regulatory organization or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the OptionsOption, the Options Option may not be exercised in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 1 contract

Samples: Keryx Biopharmaceuticals Inc

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Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares shares of Stock covered by the Options upon any Exchange securities exchange or similar self-regulatory organization or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the Options, the Options may not be exercised in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Move Inc)

Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, that registration, listing or qualification of the Shares covered by the Options Option upon any Exchange or under any foreign, federal, or local law or practice, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the OptionsOption, the Options Option may not be exercised in whole or in part unless and until such registration, listing, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee. 8.

Appears in 1 contract

Samples: Journal Communications Inc

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