Securities Law Requirements Clause Example from Business Contracts

This example Securities Law Requirements clause appears in 3 contracts from 1 company

Securities Law Requirements. The Corporation shall not be required to issue Shares upon exercise of the Option unless and until: (a) such Shares have been duly listed upon each stock exchange on which the Corporation's Common Stock is then registered; and (b) a registration statement under the Securities Act of 1933, as amended, with respect to such Shares is then effective.