Reservation of Shares Clause Example with 10 Variations from Business Contracts

This page contains Reservation of Shares 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.
Reservation of Shares. (a) The Company, during the term of the Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. (b) The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as... to which such requisite authority shall not have been obtained. View More
Found in Inovalon Holdings, Inc. contract

Variations of a "Reservation of Shares" Clause from Business Contracts

Reservation of Shares. (a) The Company, during During the term of this Plan, the Plan, Company will at all times reserve and keep available such a number of Shares as shall be sufficient to satisfy the requirements of the Plan. (b) The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be considers necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of relat...ed to the failure to issue or sell such Shares as to which such requisite authority shall is not have been first obtained. View More
Found in 2 Contracts from 2 Companies
Reservation of Shares. (a) The (a)The Company, during the term of the Plan, will at all times reserve and keep available such a number of Shares as shall be sufficient to satisfy the requirements of Plan's requirements. Shares issued under the Plan. (b) The Plan may be either authorized but unissued Shares, or Shares held in the Company's treasury. (b)The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the ...lawful issuance and sale of any Shares hereunder, shall will relieve the Company of any liability in respect of the failure to issue or sell such the Shares as to which such the requisite authority shall is not have been obtained. View More
Found in Interactive Intelligence Group, Inc. contract
Reservation of Shares. (a) The Company, during During the term of the Plan, Company will at all times reserve and keep available such a number of authorized Shares as shall be that are sufficient to satisfy the requirements of the Plan. (b) The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel for Company to be necessary to the lawful issuance and sale of any Shares hereunder, shall will relieve the Company of any liability in ...respect of the failure to issue or sell such Shares as to which such requisite authority shall has not have been obtained. View More
Found in Alpha Teknova, Inc. contract
Reservation of Shares. (a) The Company, during During the term of the Plan, Plan the Company will at all times reserve and keep available such the number of Shares as shall be sufficient to satisfy the requirements of the Plan. (b) The inability Inability of the Company to obtain authority from any regulatory body having jurisdiction, which jurisdiction and authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, hereunder shall relieve the Company of any li...ability in respect of the failure to issue nonissuance or sell sale of such Shares as to which such requisite authority shall not have been obtained. View More
Found in Unicycive Therapeutics, Inc. contract
Reservation of Shares. (a) The Company, during the term of the this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the this Plan. (b) The inability Inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's legal counsel to be necessary to for the lawful issuance and sale of any Shares Share hereunder, shall relieve the Company of any liability in respect of relatin...g to the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. View More
Found in NATURAL GAS SERVICES GROUP INC contract
Reservation of Shares. (a) Maintenance of Authorized Shares. The Company, during the term of the Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan.   (b) Inability to Obtain Regulatory Authority. The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Co...mpany of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. View More
Found in WD-40 Company contract
Reservation of Shares. (a) The Company, during the term of the Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. (b) The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in 17 Home Brew Mart, Inc. respect of the failure to issu...e or sell such Shares as to which such requisite authority shall not have been obtained. View More
Found in Ballast Point Brewing & Spirits, Inc. contract
Reservation of Shares. (a) The Company, during the term of the this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements 27 of the Plan. (b) The inability Inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or s...ell such Shares as to which such requisite authority shall not have been obtained. View More
Found in Juniper Networks contract
Reservation of Shares. (a) The Company, during the term of the this Plan, will at all times reserve and keep available such number of Shares shares of Class A Common Stock as shall be sufficient to satisfy the requirements of the this Plan. (b) The inability Inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in res...pect of the failure to issue or sell such Shares shares as to which such requisite authority shall not have been obtained. View More
Found in BBX Capital Corp contract
Reservation of Shares. (a) The Company, during the term of the this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. (b) The inability Inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company's counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of 27 the failure to issue or s...ell such Shares as to which such requisite authority shall not have been obtained. View More
Found in Juniper Networks contract