Miscellaneous Clause Example with 29 Variations from Business Contracts

This page contains Miscellaneous 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.
Miscellaneous. 12.1No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of the Committee, a non-qualified Option granted under the Plan may be transferable by the Participant, provided, however, that such transfers will be limited ...to Immediate Family Members of Participants, trusts and partnerships established for the primary benefit of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement will be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 The granting of this Option does not confer upon the Participant any right to be retained in the service of the Company or any subsidiary. View More

Variations of a "Miscellaneous" Clause from Business Contracts

Miscellaneous. 12.1No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 4 12.3Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are not transferable excep...t (1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. transfer. 12.4This Agreement Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 The New Jersey. 12.5The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 12.6An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 12.7This Option Award, or any portion of this Option Award, is subject to forfeiture in accordance with the requirements of Section 7.17 of the Plan. View More
Miscellaneous. 12.1No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 12.3Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are not transferable except ...(1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. transfer. 12.4This Agreement Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 The New Jersey. 12.5The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 12.6An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 12.7This Stock Option Award, or any portion of this Award, is subject to forfeiture in accordance with the requirements of Section 7.17 of the Plan. View More
Miscellaneous. 12.1No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 12.3Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are not transferable except ...(1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. transfer. 12.4This Agreement Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 The New Jersey. 12.5The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 4 12.6An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 12.7This Option Award, or any portion of this Option Award, is subject to forfeiture in accordance with the requirements of Section 7.17 of the Plan. View More
Miscellaneous. 12.1No 12.1 No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 12.2 This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 12.3 Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are not t...ransferable except (1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement transfer. 12.4 This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Maryland. 12.5 The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 12.6 An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. View More
Miscellaneous. 12.1No 12.1 No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 12.2 This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 12.3 Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are not t...ransferable except (1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement transfer. 12.4 This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Nebraska. 12.5 The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 12.6 An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. View More
Miscellaneous. 12.1No 12.1 No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 12.2 This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 12.3 Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are not t...ransferable except (1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement transfer. 12.4 This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Illinois. 12.5 The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 12.6 An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 4 12.7 This Option is subject to the regulatory requirements set forth in Section 7.19 of the Plan. View More
Miscellaneous. 12.1No 12.1. No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 12.2. This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In the discretion of 12.3. Except as otherwise provided by the Committee, a non-qualified Option granted Incentive Stock Options under the Plan may be are no...t transferable except (1) as designated by the Participant by will or by the laws of descent and distribution, (2) to a trust established by the Participant, or (3) between spouses incident to a divorce or pursuant to a domestic relations order, provided, however, that such transfers in the case of a transfer described under (3), the Option will be limited to Immediate Family Members not qualify as an Incentive Stock Option as of Participants, trusts and partnerships established for the primary benefit day of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement transfer. 12.4. This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Nebraska. 12.5. The granting of this Option does not confer upon the Participant any right to be retained in the service employ of the Company or any subsidiary. 12.6. An Option that is exercised as an Incentive Stock Option is not subject to ordinary income taxes so long as it is held for the requisite holding period, e.g., two (2) years from the date of grant of the Option and one (1) year from the date of exercise, whichever is later. A Non-Qualified Stock Option will be subject to income tax withholding at the time of exercise. Upon the exercise of a Non-Statutory Stock Option, the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Non-Qualified Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 12.7. This Option is subject to the regulatory requirements set forth in Section 7.19 of the Plan. View More
Miscellaneous. 12.1No 12.1. No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 3 12.2. This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In 12.3. In the discretion of the Committee, a non-qualified Option granted under the Plan may be transferable by the Participant, provided, however, that ...such transfers will be limited to Immediate Family Members of Participants, trusts and partnerships established for the primary benefit of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement 12.4. This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Nebraska. 12.5. The granting of this Option does not confer upon the Participant any right to be retained in the service of the Company or any subsidiary. 12.6. Provided there are no adverse accounting consequences to the Company (a requirement to have liability classification of an award under Financial Accounting Standards Board Accounting Standards Codification (ASC) Topic 718 is an adverse tax consequence), the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 12.7. This Option is subject to the regulatory requirements set forth in Section 7.19 of the Plan. View More
Miscellaneous. 12.1No 12.1 No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 12.2 This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In 12.3 In the discretion of the Committee, a non-qualified Option granted under the Plan may be transferable by the Participant, provided, however, that such ...transfers will be limited to Immediate Family Members of Participants, trusts and partnerships established for the primary benefit of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement 12.4 This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Illinois. 12.5 The granting of this Option does not confer upon the Participant any right to be retained in the service of the Company or any subsidiary. 12.6 Provided there are no adverse accounting consequences to the Company (a requirement to have liability classification of an award under Financial Accounting Standards Board Accounting Standards Codification (ASC) Topic 718 is an adverse tax consequence), the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. 12.7 This Option is subject to the regulatory requirements set forth in Section 7.19 of the Plan. View More
Miscellaneous. 12.1No 12.1 No Option will confer upon the Participant any rights as a stockholder of the Company prior to the date on which the individual fulfills all conditions for receipt of such rights. 12.2This 12.2 This Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 12.3In 12.3 In the discretion of the Committee, a non-qualified Option granted under the Plan may be transferable by the Participant, provided, however, that such ...transfers will be limited to Immediate Family Members of Participants, trusts and partnerships established for the primary benefit of such family members or to charitable organizations, and provided, further, that such transfers are not made for consideration to the Participant. 12.4This Agreement 12.4 This Option will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Agreement is subject to all laws, regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the provisions hereof, the Participant agrees that he or she will not exercise the Option granted hereby nor will the Company be obligated to issue any shares of stock hereunder if the exercise thereof or the issuance of such shares, as the case may be, would constitute a violation by the Participant or the Company of any such law, regulation or order or any provision thereof. 12.6 Nebraska. 12.5 The granting of this Option does not confer upon the Participant any right to be retained beretained in the service of the Company or any subsidiary. 12.6 Provided there are no adverse accounting consequences to the Company (a requirement to have liability classification of an award under Financial Accounting Standards Board Accounting Standards Codification (ASC) Topic 718 is an adverse tax consequence), the Participant shall have the right to direct the Company to satisfy the minimum required federal, state and local tax withholding by reducing the number of shares of Stock subject to the Stock Option (without issuance of such shares of Stock to the Stock Option holder) by a number equal to the quotient of (a) the total minimum amount of required tax withholding divided by (b) the excess of the Fair Market Value of a share of Stock on the exercise date over the Exercise Price per share of Stock. View More