Securities Law Compliance Clause Example from Business Contracts

This example Securities Law Compliance clause appears in 4 contracts from 1 company

Securities Law Compliance. Notwithstanding anything herein to the contrary, the Option may not be exercised unless the Shares issuable upon such exercise are then registered under the Securities Act of 1933, as amended, or, if such Shares are not so registered, the Committee has determined that such exercise and issuance would be exempt from the registration requirements of such Act. The exercise of the Option also must comply with other applicable laws and regulations governing the Option, and the Option may not be exerc...ised if the Company determines that such exercise would not be in material compliance with such laws and regulations. View More