Restrictions on Exercise. This Option may not be exercised if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any Applicable Laws. The Company will be relieved of any liability with respect to any delayed issuance of shares or its failure to issue shares if such delay or failure is necessary to comply with Applicable Laws.
Appears in 40 contracts
Sources: Stock Option Agreement (Society Pass Incorporated.), Stock Option Agreement (180 Life Sciences Corp.), Stock Option Agreement (Mangoceuticals, Inc.)
Restrictions on Exercise. This Option may not be exercised if the issuance of such Option Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any Applicable Laws. The Company will be relieved of any liability with respect to any delayed issuance of shares Option Shares or its failure to issue shares Option Shares if such delay or failure is necessary to comply with Applicable Laws.
Appears in 7 contracts
Sources: Stock Option Agreement (World Acceptance Corp), Stock Option Agreement (World Acceptance Corp), Stock Option Agreement (World Acceptance Corp)
Restrictions on Exercise. This Option may not be exercised if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares Shares would constitute a violation of any Applicable Law. No Shares will be issued pursuant to the exercise of an Option unless the issuance and exercise of Shares complies with Applicable Laws. The Company will be relieved of any liability with respect to any delayed issuance of shares Shares or its failure to issue shares Shares if such delay or failure is necessary to comply with Applicable Laws.
Appears in 2 contracts
Sources: Share Option Agreement (APEX Global Solutions LTD), Share Option Agreement (LZ Technology Holdings LTD)