Compliance with Laws Clause Example with 15 Variations from Business Contracts

This page contains Compliance with Laws clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Compliance with Laws. Notwithstanding any other provision of the Plan or the Subscription Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be required to deliver any shares issuable upon purchase of shares under the Plan prior to the completion of any registration or qualification of the shares under any local, state, federal or foreign securities or exchange control law or under rulings or... regulations of the U.S. Securities and Exchange Commission ("SEC") or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable. I understand that the Company is under no obligation to register or qualify the shares of Common Stock with the SEC or any state or foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the shares. Further, I agree that the Company shall have unilateral authority to amend the Plan and the Subscription Agreement without my consent to the extent necessary to comply with securities or other laws applicable to issuance of shares. View More

Variations of a "Compliance with Laws" Clause from Business Contracts

Compliance with Laws. Notwithstanding any other provision of the Plan or the Subscription this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, Performance Units, the Company shall not be required to deliver any shares issuable upon purchase payment from the payout of shares under the Plan Performance Units prior to the completion of any registration or qualification of the shares under any local, state, federal... or foreign securities or exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission ("SEC") or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval approval, the Company shall, in its absolute discretion, deem necessary or advisable. I You understand that the Company is under no obligation to register or qualify the shares of Common Stock with the SEC or any state or foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale payout of the shares. Performance Units. Further, I you agree that the Company shall have unilateral authority to amend the Plan and the Subscription Agreement without my your consent to the extent necessary to comply with securities or other laws applicable to issuance of shares. View More
Compliance with Laws. Notwithstanding any other provision of the Plan or the Subscription this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be required to deliver any shares Option Shares issuable upon purchase exercise of shares under the Plan Option prior to the completion of any registration or qualification of the shares Option Shares under any local, state, federal or foreign secur...ities or exchange control 7 law or under rulings or regulations of the U.S. Securities and Exchange Commission ("SEC") or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable. I understand The Optionee understands that the Company is under no obligation to register or qualify the shares of Common Stock Option Shares with the SEC Commission or any state or foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the shares. Further, I agree the Optionee agrees that the Company shall have unilateral authority to amend the Plan and the Subscription Agreement without my the Optionee's consent to the extent necessary to comply with securities or other laws applicable to the issuance of shares. shares of Common Stock. View More
Compliance with Laws. Notwithstanding any other provision of the Plan or the Subscription this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be required to deliver any shares Common Stock issuable upon purchase settlement of shares under the Plan Deferred Stock Units prior to the completion of any registration or qualification of the shares of Common Stock under any local, state, federal... or foreign securities or exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission ("SEC") or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable. I understand The Employee understands that the Company is under no obligation to register or qualify the shares of Common Stock with the SEC Commission or any state state, provincial or foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the shares. shares of Common Stock. Further, I agree the Employee agrees that the Company shall have unilateral authority to amend the Plan and the Subscription Agreement without my the Employee's consent to the extent necessary to comply with securities or other laws applicable to the issuance of shares. shares of Common Stock. View More
Compliance with Laws. Notwithstanding any other provision of the Plan or the Subscription this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be required to deliver any shares Option Shares issuable upon purchase exercise of shares under the Plan Option prior to the completion of any registration or qualification of the shares Option Shares under any local, state, federal or foreign secur...ities or exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission ("SEC") or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable. I understand The Optionee understands that the Company is under no obligation to register or qualify the shares of Common Stock Option Shares with the SEC Commission or any state or foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the shares. Further, I agree the Optionee agrees that the Company shall have unilateral authority to amend the Plan and the Subscription Agreement without my the Optionee's consent to the extent necessary to comply with securities or other laws applicable to the issuance of shares. shares of Common Stock. View More
Compliance with Laws. Notwithstanding any other provision of the Plan or the Subscription this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be required to deliver any shares issuable upon purchase of shares under Common Stock underlying the Plan Restricted Shares prior to the completion of any registration or qualification of the shares of Common Stock under any local, state, federal or... foreign securities or exchange control law or under rulings or regulations of the U.S. Securities and Exchange Commission ("SEC") or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable. I understand The Employee understands that the Company is under no obligation to register or qualify the shares of Common Stock with the SEC Commission or any state or foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the shares. shares of Common Stock. Further, I agree the Employee agrees that the Company shall have unilateral authority to amend the Plan and the Subscription Agreement without my the Employee's consent to the extent necessary to comply with securities or other laws applicable to the issuance of shares. shares of Common Stock. View More