Securities Law Compliance Clause Example from Business Contracts

This example Securities Law Compliance clause appears in 2 contracts from 1 company

Securities Law Compliance. In no event may you exercise the Option unless the shares of Common Stock issuable upon exercise are then registered under the Securities Act or, if not registered, the Company has determined that your exercise and the issuance of the shares would be exempt from the registration requirements of the Securities Act. The exercise of the Option also must comply with all other applicable laws and regulations governing the Option, and you may not exercise the Option if the Company determines that such... exercise would not be in material compliance with such laws and regulations (including any restrictions on exercise required for compliance with Treasury Regulation Section 1.401(k)-1(d)(3), if applicable). View More