Restrictions Imposed by Law Clause Example from Business Contracts

This example Restrictions Imposed by Law clause appears in 6 contracts from 1 company

Restrictions Imposed by Law. Participant agrees that the Company will not be obligated to deliver any shares of Common Stock if counsel to the Company determines that such delivery would violate any applicable law or any rule or regulation of any governmental authority or any rule or regulation of, or agreement of the Company with, any securities exchange or association upon which the Common Stock may be listed or quoted. The Company will not be obligated to take any affirmative action to cause the delivery of shares of Com...mon Stock to comply with any such law, rule, regulation or agreement. View More Arrow