Securities Law Requirements Clause Example from Business Contracts

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

Securities Law Requirements. If the Award Notice specifies that the Performance Units are to be paid in Shares, the Corporation shall not be required to issue Shares pursuant to the Award, to the extent required, unless and until (a) such Shares have been duly listed upon each stock exchange on which the Corporation's stock is then registered; and (b) a registration statement under the Securities Act of 1933 with respect to such Shares is then effective.
Found in L3Harris Technologies contract
L3Harris Technologies Contracts

HARRIS CORPORATION 2015EQUITY INCENTIVE PLAN PERFORMANCE UNIT AWARD AGREEMENT TERMS AND CONDITIONS (ASOF OCTOBER 23, 2015) (Filed With SEC on February 3, 2016)

HARRIS CORPORATION 2005EQUITY INCENTIVE PLAN PERFORMANCE SHARE UNIT AWARD AGREEMENT TERMS AND CONDITIONS (ASOF JUNE 28, 2014) (Filed With SEC on October 29, 2014)