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This excerpt taken from the EBAY 10-Q filed Jul 27, 2007. 8. Covenants
of the Company.
(a) Availability of Shares. During the
terms of the Stock Awards, the Company shall keep available at
all times the number of shares of Common Stock required to
satisfy such Stock Awards.
(b) Securities Law Compliance. The
Company shall seek to obtain from each regulatory commission or
agency having jurisdiction over the Plan such authority as may
be required to grant Stock Awards and to issue and sell shares
of Common Stock upon exercise of the Stock Awards; provided,
however, that this undertaking shall not require the Company to
register under the Securities Act the Plan, any Stock Award or
any Common Stock issued or issuable pursuant to any such Stock
Award. If, after reasonable efforts, the Company is unable to
obtain from any such regulatory commission or agency the
authority which counsel for the Company deems necessary for the
lawful issuance and sale of Common Stock under the Plan, the
Company shall be relieved from any liability for failure to
issue and sell Common Stock upon exercise or vesting of such
Stock Awards unless and until such authority is obtained.
This excerpt taken from the EBAY DEF 14A filed Apr 30, 2007. 8. Covenants
of the Company.
(a) Availability of Shares. During the
terms of the Stock Awards, the Company shall keep available at
all times the number of shares of Common Stock required to
satisfy such Stock Awards.
(b) Securities Law Compliance. The
Company shall seek to obtain from each regulatory commission or
agency having jurisdiction over the Plan such authority as may
be required to grant Stock Awards and to issue and sell shares
of Common Stock upon exercise of the Stock Awards; provided,
however, that this undertaking shall not require the Company to
register under the Securities Act the Plan, any Stock Award or
any Common Stock issued or issuable pursuant to any such Stock
Award. If, after reasonable efforts, the Company is unable to
obtain from any such regulatory commission or agency the
authority which counsel for the Company deems necessary for the
lawful issuance and sale of Common Stock under the Plan, the
Company shall be relieved from any liability for failure to
Table of Contents
issue and sell Common Stock upon exercise or vesting of such
Stock Awards unless and until such authority is obtained.
These excerpts taken from the EBAY 10-K filed Feb 28, 2007. 7. Covenants
of the Company.
(a) Availability of Shares. During the
terms of the Options, the Company shall keep available at all
times the number of shares of Common Stock required to satisfy
such Options.
(b) Securities Law Compliance. The
Company shall seek to obtain from each regulatory commission or
agency having jurisdiction over the Plan such authority as may
be required to grant Options and to issue and sell
shares of Common Stock upon exercise of the Options; provided,
however, that this undertaking shall not require the Company to
register under the Securities Act the Plan, any Option or any
Common Stock issued or issuable pursuant to any such Option. If,
after reasonable efforts, the Company is unable to obtain from
any such regulatory commission or agency the authority which
counsel for the Company deems necessary for the lawful issuance
and sale of Common Stock under the Plan, the Company shall be
relieved from any liability for failure to issue and sell Common
Stock upon exercise of such Options unless and until such
authority is obtained.
8. Covenants
of the Company.
(a) Availability of Shares. During the
terms of the Stock Awards, the Company shall keep available at
all times the number of shares of Common Stock required to
satisfy such Stock Awards.
(b) Securities Law Compliance. The
Company shall seek to obtain from each regulatory commission or
agency having jurisdiction over the Plan such authority as may
be required to grant Stock Awards and to issue and sell shares
of Common Stock upon exercise of the Stock Awards; provided,
however, that this undertaking shall not require the Company to
register under the Securities Act the Plan, any Stock Award or
any Common Stock issued or issuable pursuant to any such Stock
Award. If, after reasonable efforts, the Company is unable to
obtain from any such regulatory commission or agency the
authority which counsel for the Company deems necessary for the
lawful issuance and sale of Common Stock under the Plan, the
Company shall be relieved from any liability for failure to
issue and sell Common Stock upon exercise or vesting of such
Stock Awards unless and until such authority is obtained.
This excerpt taken from the EBAY DEF 14A filed Apr 26, 2006. 7. Covenants
of the Company.
(a) Availability of Shares. During the
terms of the Options, the Company shall keep available at all
times the number of shares of Common Stock required to satisfy
such Options.
(b) Securities Law Compliance. The
Company shall seek to obtain from each regulatory commission or
agency having jurisdiction over the Plan such authority as may
be required to grant Options and to issue and sell shares of
Common Stock upon exercise of the Options; provided, however,
that this undertaking shall not require the Company to register
under the Securities Act the Plan, any Option or any Common
Stock issued or issuable pursuant to any such Option. If, after
reasonable efforts, the Company is unable to obtain from any
such regulatory commission or agency the authority which counsel
for the Company deems necessary for the lawful issuance and sale
of Common Stock under the Plan, the Company shall be relieved
from any liability for failure to issue and sell Common Stock
upon exercise of such Options unless and until such authority is
obtained.
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