Miscellaneous Clause Example with 29 Variations from Business Contracts

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 Maryland. 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

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 the exercise of such Option and the receipt of such rights. 12.2This Stock upon the exercise of such Option. 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-qual...ified Option granted ISOs 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 ISO 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 transfer. 12.4 This Agreement will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This Maryland. 12.5 This 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 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. thereof as determined by the Company. 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. 12.7 Subject to written consent by the Committee, the Participant shall have the right to direct the Company to collect federal, state and local income taxes and the employee portion of FICA taxes (Social Security and Medicare) with respect to any Option, if applicable, in accordance with Section 7.8 of the Plan. Notwithstanding the foregoing, the Company shall have the right to require the Participant to pay the Company the amount of any tax that the Company is required to withhold with respect to such exercise of the Option or the Company may retain or sell without notice, a sufficient number of shares of Stock subject to the Option to cover the minimum amount required to be withheld under applicable law. View More

Miscellaneous. 12.1No 13.1No 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 13.2This 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 13.3Except as otherwise provided by the Committee, a non-qualified Option granted ISOs 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 ISO 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 transfer. 13.4This Agreement will be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. 12.5This Massachusetts. 13.5This 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 13.6The 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. 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 exercises such Option and receives the underlying share of such rights. 12.2This Stock. 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 ISOs 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 ISO 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 transfer. 12.4 This Agreement will be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. 12.5This New Mexico. 12.5 This 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 employ of the Company or any subsidiary. 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 ISOs 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 ISO 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 transfer. 12.4 This Agreement will be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. 12.5This 12.5 This 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 employ of the Company or any subsidiary. 12.7 Subject to written consent by the Committee, the Participant shall have the right to direct the Company to collect federal, state and local income taxes and the employee portion of FICA taxes (Social Security and Medicare) with respect to any Option, if applicable, in accordance with Section 7.8 of the Plan. Notwithstanding the foregoing, the Company shall have the right to require the Participant to pay the Company the amount of any tax that the Company is required to withhold with respect to such exercise of the Option or sell without notice, a sufficient number of shares of Stock subject to the Option to cover the minimum amount required to be withheld under applicable law. 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 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 3 organizations, and provided, further, that such transfers are not made for consideration to the Participant. 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 New Jersey. 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. 12.6This 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 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 ISOs 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 ISO 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 transfer. 12.4 This Agreement will be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. 12.5This Pennsylvania without reference to principles of conflict of laws, except as superseded by applicable federal law. 12.5 This 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

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 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 New Jersey. 3 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. 12.6This 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 shall 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 Options under the Plan may be are not transferable other than by wil...l or by the Participant, provided, however, that such transfers will be limited laws of descent and distribution or pursuant 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. a qualified domestic relations order. 12.4This Agreement will Option shall be governed by and construed in accordance with the laws of the Commonwealth State of Pennsylvania. Delaware, without regard to its principles of conflicts of laws. 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 12.6The granting of this Option does not confer upon the Participant any right to be retained in the service Service of the Company or any subsidiary. 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 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 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 New Jersey. 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. 12.6This 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