Common use of Compliance with Laws and Regulations Clause in Contracts

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the Securities and Exchange Commission (“SEC”), any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares to the Optionee shall be subject to compliance by the Company and Participant Optionee with (i) all applicable requirements of federal and state securities laws and with laws, (ii) all applicable requirements of any stock exchange on which the Company's Common Stock may be listed and (iii) any applicable policy of the Company regarding the trading of securities of the Company, each at the time of such issuance or and transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of foreign, federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the a Stock Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares to the Optionee shall be subject to compliance by the Company and Participant Optionee with (i) all applicable requirements of federal and state securities laws and with laws, (ii) all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed and (iii) any applicable policy of the Company regarding the trading of securities of the Company, each at the time of such issuance or and transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant the Holder with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company Interland and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the CompanyInterland's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company neither Interland nor any Subsidiary is under no any obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and the Participant with all applicable requirements of U.S. federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. The Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal Federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Stock Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, under applicable securities laws or to perfect any state securities commission exemption from such registration or qualification or to list any security on any stock exchange to effect such complianceor automated quotation system.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be are subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. The Participant understands represents that the Company is under no obligation Participant has received a copy of the Company's Prospectus relating to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such complianceshares issuable upon exercise of this Option.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange or automated quotation system on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option ------------------------------------ and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such exercise, issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.. VeriSign, Inc. Directors Nonqualified Stock Option Agreement 2006 Equity Incentive Plan

Compliance with Laws and Regulations. The exercise of the Option ------------------------------------ and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer allotment of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock ’s Shares may be listed at the time of such issuance or transferallotment. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at Executive Officer Agreement the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such exercise, issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option ------------------------------------ and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.. Stock Option Agreement 1999 Equity Incentive Plan UK Sub-Plan

Compliance with Laws and Regulations. The exercise of the this Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation VeriSign, Inc. Non-Plan Stock Option Agreement to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation 4 to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.obligation

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.. Employee Agreement

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws Applicable Laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of foreign, federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the SECU.S. Securities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and ------------------------------------ the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal federal, state and state local securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the United States Securities and Exchange Commission ("SEC"), any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities and tax laws (including, without limitation, the requirements of Section 102) and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionholder with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionholder understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option ------------------------------------ and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal federal, state and state local securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no obligation to register or qualify the Shares with the United States Securities and Exchange Commission ("SEC"), any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option ------------------------------------ and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant the Employee with all applicable requirements of federal Federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock Shares may be listed at the time of such issuance or transfer. Participant The Employee understands that the Company is under no obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant Optionee understands that the Company is under no Silicon Image, Inc. Non-Plan Stock Option Agreement obligation to register or qualify the Shares with the SECSecurities and Exchange Commission, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's ’s Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, under applicable securities laws or to perfect any state securities commission exemption from such registration or qualification or to list any security on any stock exchange to effect such complianceor automated quotation system.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange or securities quotation system on which the Company's ’s Common Stock may be listed or quoted at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, Securities and Exchange Commission or any state securities commission or to list the Shares on any stock exchange to effect such complianceor securities quotation system.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Participants with all applicable requirements of federal and state securities laws and with all ail applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this ------------------------------------ Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant the Option Holder with all applicable requirements of federal securities laws, rules and state securities laws regulations and with all applicable requirements of any stock exchange and/or over-the-counter market on which the Company's Common Stock ’s shares may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the Option and the issuance and transfer of Shares shall be subject to compliance by the The Company and Participant with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the The Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that neither the Company nor any Subsidiary is under no any obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.

Compliance with Laws and Regulations. The exercise of the this Option and the issuance and transfer of Shares shall be subject to compliance by the Company and Participant the Optionee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange or national market system on which the Company's Common Stock may be listed at the time of such issuance. Optionee understands that the Company is under no obligation to register or qualify the Shares with the Securities and Exchange Commission, any state securities commission or any stock exchange or national market system on which the Company's Common Stock may be listed at the time of such issuance or transfer. Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC, any state securities commission or any stock exchange to effect such compliance.