|
|
![]() | ![]() | ![]() | ![]() |
This excerpt taken from the SMG 8-K filed Feb 2, 2005. 10.07 Requirements of
Law. The availability of Purchase
Rights and the issuance of shares of Stock will be subject to
all applicable laws, rules and regulations and to all required
approvals of any governmental agencies or national securities
exchange, market or other quotation system. Also, no shares of
Stock will be sold under the Plan unless the Company is
satisfied that the issuance of those shares of Stock will comply
with applicable federal and state securities laws. Certificates
for shares of Stock delivered under the Plan may be subject to
any stock transfer orders and other restrictions that the
Committee believes to be advisable under the rules, regulations
and other requirements of the Securities and Exchange
Commission, any stock exchange or other recognized market or
quotation system upon which the Stock is then listed or traded,
or any other applicable federal or state securities law. The
Committee may cause a legend or legends to be placed on any
certificates issued under the Plan to make appropriate reference
to restrictions within the scope of this section.
|
| |||||||