Securities Law Compliance Clause Example from Business Contracts

This example Securities Law Compliance clause appears in 2 contracts from 2 companies

Securities Law Compliance. Notwithstanding anything to the contrary contained herein, you may not exercise your option unless the shares of Company Stock issuable upon such exercise are then registered under the Securities Act or, if such shares of Company Stock are not then so registered, the Company has determined that such exercise and issuance would be exempt from the registration requirements of the Securities Act. The exercise of your option also must comply with other applicable laws and regulations governing your ...option, and you may not exercise your option if the Company determines that such exercise would not be in material compliance with such laws and regulations. View More