Cancellation; Change. In the event the Option shall be exercised in whole, this agreement shall be surrendered to the Company for cancellation. In the event the Option shall be exercised in part, or a change in the number of designation of the Common Stock shall be made, this agreement shall be delivered by the Optionee to the Company for the purpose of making appropriate notation thereon, or of otherwise reflecting, in such manner as the Company shall determine, the partial exercise or the change in the number or designation of the Common Stock.
Appears in 19 contracts
Samples: Executive Employment Agreement (Arcis Resources Corp), Executive Employment Agreement (Arcis Resources Corp), Executive Employment Agreement (Arcis Resources Corp)
Cancellation; Change. In the event the Option shall be exercised in whole, this agreement shall be surrendered to the Company for cancellation. In the event the Option shall be exercised in part, or a change in the number of or designation of the Common Stock shall be made, this agreement shall be delivered by the Optionee to the Company for the purpose of making appropriate notation thereon, or of otherwise reflecting, in such manner as the Company shall determine, the partial exercise or the change in the number or designation of the Common Stock.
Appears in 4 contracts
Samples: Stock Option Agreement (Lodgian Inc), Form of Incentive Stock Option Agreement (Lodgian Inc), Incentive Stock Option Agreement (Lodgian Inc)
Cancellation; Change. In the event the Option shall be exercised in whole, this agreement shall be surrendered to the Company for cancellation. In the event the Option shall be exercised in part, or a change in the number of designation of the Common Stock shall be made, this agreement shall be delivered by the Optionee to the Company for the purpose of making appropriate notation thereon, or of otherwise reflecting, in such manner as the Company shall determine, the partial exercise or the change in the number or designation of the Common Stock.. Int. ________ _________
Appears in 1 contract
Samples: Executive Employment Agreement (Arcis Resources Corp)
