Securities Laws Restrictions Clause Example from Business Contracts

Securities Laws Restrictions. Regardless of whether the offering and sale of Shares under the Plan have been registered under the Securities Act or have been registered or qualified under the securities laws of any state, the Company at its discretion may impose restrictions upon the sale, pledge or other transfer of the Shares (including the placement of appropriate legends on share certificates or the imposition of stop-transfer instructions) if, in the judgment of the Company, such restrictions are necessary or desirable ...in order to achieve compliance with the Securities Act, the securities laws of any state or any other Applicable Laws. View More