Common use of Resale Restrictions Clause in Contracts

Resale Restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the Option Shares. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee will not be able to sell or transfer Option Shares issued to Grantee upon exercise of the Option unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Option Shares acquired upon exercise of the Option shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue the Option Shares or permit their resale if such issuance or resale would violate any such requirements.

Appears in 5 contracts

Samples: Stock Option Award Agreement (Diplomat Pharmacy, Inc.), Diplomat Pharmacy, Inc., Diplomat Pharmacy, Inc.

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Resale Restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the Option SharesRSUs. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee will not be able to sell or transfer Option Shares Common Stock issued to Grantee upon exercise vesting of the Option earned RSUs unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Option Shares Common Stock acquired upon exercise vesting of the Option earned RSUs shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Notwithstanding any other provision of this Agreement, the Company shall not be obligated to issue the Option Shares shares of Common Stock or permit their resale if such issuance or resale would violate any such requirements.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Diplomat Pharmacy, Inc.), Restricted Stock Unit Award Agreement (Diplomat Pharmacy, Inc.), Restricted Stock Unit Award Agreement (Diplomat Pharmacy, Inc.)

Resale Restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the Option Shares. The Company currently intends to maintain this registration, registration but has no obligation to do so. If the registration ceases to be effective, Grantee the Participant will not be able to transfer or sell or transfer Option Shares issued pursuant to Grantee upon exercise of the Option this Award unless an exemption from registration under applicable securities laws is available. Grantee The Participant agrees that any resale by Grantee of Option Shares acquired upon exercise the Participant of the Option Shares issued pursuant to this Award shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amendedAct, the Exchange Act, Act and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules rules, and regulations may be amended from time to time. The Company shall not be obligated to either issue the Option Shares or permit their the resale of any Shares if such issuance or resale would violate any such requirements.

Appears in 3 contracts

Samples: Tecumseh Products Co, Tecumseh Products Co, Tecumseh Products Co

Resale Restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the Option SharesRSUs. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee will not be able to sell or transfer Option Shares Common Stock issued to Grantee upon exercise vesting of the Option RSUs unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Option Shares Common Stock acquired upon exercise vesting of the Option RSUs shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue the Option Shares Common Stock or permit their resale if such issuance or resale would violate any such requirements.

Appears in 3 contracts

Samples: Diplomat Pharmacy, Inc., Diplomat Pharmacy, Inc., Diplomat Pharmacy, Inc.

Resale Restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the Option Sharesshares of Stock. The Company currently intends to maintain this registration, registration but has no obligation to do so. If the registration ceases to be effective, Grantee you will not be able to transfer or sell or transfer Option Shares Stock issued to Grantee upon exercise of the Option you pursuant to this Award unless an exemption from registration under applicable securities laws is available. Grantee agrees You agree that any resale by Grantee of Option Shares acquired upon exercise you of the Option shares of Stock issued pursuant to this Award shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amendedAct, the Exchange Act, Act and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules rules, and regulations may be amended from time to time. The Company shall not be obligated to either issue the Option Shares Stock or permit their the resale of any Stock if such issuance or resale would violate any such requirements.

Appears in 2 contracts

Samples: Aep Industries Inc, Aep Industries Inc

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Resale Restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the Option SharesRestricted Stock. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee in addition to the transfer restrictions imposed under Paragraph 2 hereunder, Xxxxxxx will not be able to sell or transfer Option Shares the Restricted Stock issued to Grantee upon exercise of the Option hereunder unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Option Shares acquired upon exercise of the Option Restricted Stock shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue permit sale of the Option Shares or permit their resale Restricted Stock if such issuance or resale sale would violate any such requirements.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Diplomat Pharmacy, Inc.), Diplomat Pharmacy, Inc.

Resale Restrictions. The Company currently has an effective intends to file and maintain a registration statement on file with the Securities and Exchange Commission with respect to the Option Shares. The While the Company currently intends to file and maintain this registration, but it has no obligation to do so. If the registration fails to become or ceases to be effective, Grantee in addition to the transfer restrictions imposed under Paragraph 2 hereunder, Xxxxxxx will not be able to sell or transfer Option the Shares issued to Grantee upon exercise of the Option hereunder unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Option the Shares acquired upon exercise of the Option shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue permit sale of the Option Shares or permit their resale if such issuance or resale sale would violate any such requirements.

Appears in 1 contract

Samples: Conifer Holdings, Inc.

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