Resale restrictions Clause Example with Variations from Business Contracts

Resale restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the RSUs. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee will not be able to sell or transfer Common Stock issued to Grantee upon vesting of the earned RSUs unless an exemption from registration under applicable securities laws is available. Grantee agrees that any... resale by Grantee of Common Stock acquired upon vesting of the earned RSUs shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Notwithstanding any other provision of this Agreement, the Company shall not be obligated to issue the shares of Common Stock or permit their resale if such issuance or resale would violate any such requirements. 5 14. Consent to Transfer of Personal Data. In administering this Agreement, or to comply with applicable legal, regulatory, tax or accounting requirements, it may be necessary for the Company to transfer certain Grantee personal data to a Subsidiary, or to outside service providers, or to governmental agencies. By signing this Agreement and accepting the award of the RSUs, Grantee consents, to the fullest extent permitted by law, to the use and transfer, electronically or otherwise, of Grantee's personal data to such entities for such purposes. View More

Resale restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the RSUs. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee will not be able to sell or transfer Common Stock issued to Grantee upon vesting of the RSUs unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by... Grantee of Common Stock acquired upon vesting of the RSUs shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue the Common Stock or permit their resale if such issuance or resale would violate any such requirements. 3 11. Consent to Transfer of Personal Data. In administering this Agreement, or to comply with applicable legal, regulatory, tax or accounting requirements, it may be necessary for the Company to transfer certain Grantee personal data to a Subsidiary, or to outside service providers, or to governmental agencies. By signing this Agreement and accepting the award of the RSUs, Grantee consents, to the fullest extent permitted by law, to the use and transfer, electronically or otherwise, of Grantee's personal data to such entities for such purposes. View More

Resale restrictions. The Company currently has an effective intends to file and maintain a registration statement on file with the Securities and Exchange Commission with respect to the RSUs. The Shares. While the Company currently intends to file and maintain this registration, but it has no obligation to do so. If the registration fails to become or ceases to be effective, in addition to the transfer restrictions imposed under Paragraph 2 hereunder, Grantee will not be able to sell or transfer Common Stock the... Shares issued to Grantee upon vesting of the RSUs hereunder unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Common Stock acquired upon vesting of the RSUs Shares shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue permit sale of the Common Stock or permit their resale Shares if such issuance or resale sale would violate any such requirements. View More

Resale restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the RSUs. Restricted Stock. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, in addition to the transfer restrictions imposed under Paragraph 2 hereunder, Grantee will not be able to sell or transfer Common the Restricted Stock issued to Grantee upon vesting of the RSUs hereunder... unless an exemption from registration under applicable securities laws is available. Grantee agrees that any resale by Grantee of Common the Restricted Stock acquired upon vesting of the RSUs shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue permit sale of the Common Restricted Stock or permit their resale if such issuance or resale sale would violate any such requirements. View More

Resale restrictions. The Company currently has an effective registration statement on file with the Securities and Exchange Commission with respect to the RSUs. Option Shares. The Company currently intends to maintain this registration, but has no obligation to do so. If the registration ceases to be effective, Grantee will not be able to sell or transfer Common Stock Option Shares issued to Grantee upon vesting exercise of the RSUs Option unless an exemption from registration under applicable securities laws is... available. Grantee agrees that any resale by Grantee of Common Stock Option Shares acquired upon vesting exercise of the RSUs Option shall comply in all respects with the requirements of all applicable securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act of 1933, as amended, the Exchange Act, and the respective rules and regulations promulgated thereunder) and any other law, rule or regulation applicable thereto, as such laws, rules and regulations may be amended from time to time. The Company shall not be obligated to issue the Common Stock Option Shares or permit their resale if such issuance or resale would violate any such requirements. View More