Restrictions on Exercise Clause Example from Business Contracts

This example Restrictions on Exercise clause appears in 6 contracts from 5 companies

Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the stockholders of the Company, or if the issuance of the Shares upon exercise or the method of payment of consideration for those shares would constitute a violation of any applicable law or regulation.
Found in Emerald Bioscience, Inc. contract
MOVING iMAGE TECHNOLOGIES INC. Contracts

Form of Stock Option Award Agreement (Filed With SEC on October 11, 2019)

Digital Brands Group, Inc. Contracts

Form of Option Agreement with each of John Hil Davis, Laura Dowling and Reid Yeoman (Filed With SEC on May 11, 2021)

NOTICE OF GRANT OF NON-QUALIFIED STOCK OPTIONAWARD DIGITAL BRANDS GROUP, INC. 2020 OMNIBUS INCENTIVE PLAN (Filed With SEC on December 16, 2021)

Starlight Supply Chain Management Co Contracts

STARLIGHTSUPPLY CHAIN MANAGEMENT COMPANY 2016OMNIBUS INCENTIVE PLAN EffectiveNovember 1, 2016 STARLIGHTSUPPLY CHAIN MANAGEMENT COMPANY 2016OMNIBUS INCENTIVE PLAN ARTICLEI... (Filed With SEC on November 21, 2016)

Emerald Bioscience, Inc. Contracts

Form of Stock Option Agreement under 2014 Omnibus Incentive Plan (Filed With SEC on November 3, 2014)

INNOVATE BIOPHARMACEUTICALS, INC. Contracts

NOTICE OF GRANT OF[INCENTIVE/NON-QUALIFIED] STOCK OPTION AWARD TANDON DIGITTAL, INC. 2012 OMNIBUS INCENTIVEPLAN (Filed With SEC on November 10, 2015)