Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Company, however, shall use its best efforts to obtain all such approvals.
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Samples: Statuatory Stock Option Agreement (Encad Inc), Stock Option Agreement (Encad Inc)
Liability of Company. The inability of the Company to obtain -------------------- approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to this Option option shall relieve the Company of any liability with respect to the non-non- issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Company, however, shall use its best efforts to obtain all such approvals.
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Samples: Stock Option Agreement (Telik Inc)
Liability of Company. The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock common stock pursuant to this Option option shall relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock common stock as to which such approval shall not have been obtained. The Company, Company however, shall use its best efforts to obtain all such approvals.
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