Requirements of Law Clause Example from Business Contracts

This example Requirements of Law clause appears in 4 contracts from 1 company

Requirements of Law. The issuance of Shares upon vesting of the RSUs is subject to Sections 9 and 14(b) of the Plan, which generally provides that any such issuance shall be subject to compliance by the Company and the Participant with all applicable requirements of law relating thereto and with all applicable regulations of any stock exchange on which the Shares may be listed for trading at the time of such issuance. The inability of the Company to obtain approval from any regulatory body having authority deemed by... the Company to be necessary to the lawful issuance of any Shares hereby shall relieve the Company of any liability with respect to the non-issuance of the Shares as to which such approval shall not have been obtained. The Company, however, shall use its reasonable efforts to obtain all such approvals. View More Arrow
Found in Lam Research contract
Lam Research Contracts

LAM RESEARCH CORPORATION (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended) Restricted Stock Unit Award Agreement (International Participants) (Filed With SEC on February 6, 2014)

LAM RESEARCH CORPORATION 2015 Stock Incentive Plan Restricted Stock Unit Award Agreement (U.S. Participants) (Filed With SEC on November 5, 2015)

LAM RESEARCH CORPORATION 2015 Stock Incentive Plan Restricted Stock Unit Award Agreement (International Participants) (Filed With SEC on November 5, 2015)

LAM RESEARCH CORPORATION 2015 Stock Incentive Plan Restricted Stock Unit Award Agreement Outside Directors (Filed With SEC on November 5, 2015)