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 SARs upon any 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 of the SARs, the SARs 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 4 contracts

Samples: Stock Appreciation Rights Agreement (Wci Communities Inc), Stock Appreciation Rights Agreement (Wci Communities Inc), Journal Communications 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 covered by the SARs upon any national securities exchange 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 SARs, the SARs 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: Stock Appreciation Rights Agreement (Gold Kist Inc.), Stock Appreciation Rights Agreement (Assurant Inc), Assurant 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 Class B Common Stock covered by the SARs upon any 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 of the SARs, the SARs 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 2 contracts

Samples: Journal Communications Inc, Journal Communications 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 SARs upon any 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 of the SARs, the SARs 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. 9.

Appears in 2 contracts

Samples: Journal Communications Inc, Journal Communications Inc

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Restrictions on Issuance of Shares. If at any time the Committee shall determine in its discretion, discretion that registration, listing listing, or qualification of the Shares covered by the SARs upon any national securities exchange 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 SARs, the SARs may not be exercised in whole or in part unless and until such registration, listing, qualification, consent consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

Appears in 1 contract

Samples: Directors Stock Appreciation Rights Agreement (Assurant 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 SARs upon any national securities exchange or under any foreign, federal, or local law or practiceSARs, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition to the exercise of the SARs, the SARs 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: Stock Appreciation Rights Agreement (Genuine Parts Co)

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