Imposition of Other Requirements Clause Example from Business Contracts

This example Imposition of Other Requirements clause appears in 2 contracts from 2 companies

Imposition of Other Requirements. The Company reserves the right to impose other requirements on this Stock Option and the Option Shares acquired upon exercise of this Stock Option, to the extent the Company determines it is necessary or advisable for legal or administrative reasons, and to require the Optionee to enter into any additional agreements or undertakings that may be necessary to accomplish the foregoing.