Common use of Closing and Delivery Clause in Contracts

Closing and Delivery. a. The closing of the purchase and sale of Shares hereunder (the "Closing") shall take place on February 15, 2002, or on such other date as may be mutually agreeable to the parties hereto. b. At the Closing, each of the Executives shall deliver to the Company the certificates evidencing the shares of Reserved Stock held by such Executives. c. At the Closing, the Company shall deliver to each of the Executives: i. the aggregate par value of the Shares being purchased from such Executive, by check or wire transfer, as set forth on EXHIBIT A hereto; ii. a copy of SCHEDULE I of such Executive's Executive Note, evidencing the reduction in the principal amount outstanding under the Executive Note by the aggregate repurchase price for the Shares (less the aggregate par value of the Shares), as set forth on EXHIBIT A hereto; and iii. certificates evidencing the remaining shares of Reserved Stock held by the Executive upon consummation of the transactions contemplated herein, bearing only such legends as were previously printed on certificates evidencing shares of Reserved Stock.

Closing and Delivery. a. The closing of the purchase and sale of Shares hereunder (the "Closing") shall take place on February 15September 20, 2002, or on such other date as may be mutually agreeable to the parties hereto. b. At the Closing, each of the Executives shall deliver to the Company the certificates evidencing the shares of Reserved Stock held by such Executives. c. At the Closing, the Company shall deliver to each of the Executives: i. the aggregate par value of the Shares being purchased from such Executive, by check or wire transfer, as set forth on EXHIBIT A hereto; ii. a copy of SCHEDULE I of such Executive's Executive Note, evidencing the reduction in the principal amount outstanding under the Executive Note by the aggregate repurchase price for the Shares (less the aggregate par value of the Shares), as set forth on EXHIBIT A hereto; and iii. certificates evidencing the remaining shares of Reserved Stock held by the Executive upon consummation of the transactions contemplated herein, bearing only such legends as were previously printed on certificates evidencing shares of Reserved Stock.

Closing and Delivery. a. The closing of the purchase and sale of Shares hereunder (the "Closing") shall take place on February 15January 10, 2002, or on such other date as may be mutually agreeable to the parties hereto. b. At the Closing, each of the Executives shall deliver to the Company the certificates evidencing the shares of Reserved Stock held by such Executives. c. At the Closing, the Company shall deliver to each of the Executives: i. the aggregate par value of the Shares being purchased from such Executive, by check or wire transfer, as set forth on EXHIBIT A hereto; ii. a copy of SCHEDULE I of such Executive's Executive Note, evidencing the reduction in the principal amount outstanding under the Executive Note by the aggregate repurchase price for the Shares (less the aggregate par value of the Shares), as set forth on EXHIBIT A hereto; and iii. certificates evidencing the remaining shares of Reserved Stock held by the Executive upon consummation of the transactions contemplated herein, bearing only such legends as were previously printed on certificates evidencing shares of Reserved Stock.