Common use of Closing of Repurchase of Option Shares Clause in Contracts

Closing of Repurchase of Option Shares. The purchase of Option Shares pursuant to this paragraph 13 shall be closed at the Company’s executive offices within 20 days after the expiration of the 120-day period referred to in paragraph 13(b). At the closing, the purchaser or purchasers shall pay the purchase price in the manner specified in paragraph 14(b) and Optionee and any other holders of Option Shares being purchased shall deliver the certificate or certificates representing such shares to the purchaser or purchasers or their nominees, accompanied by duly executed stock powers. Any purchaser of Option Shares under this paragraph 13 shall be entitled to receive customary representations and warranties from Optionee and any other selling holders of Option Shares regarding the sale of such shares (including representations and warranties regarding good title to such shares, free and clear of any liens or encumbrances) and to require all sellers’ signatures to be guaranteed by a national bank or reputable securities broker.

Closing of Repurchase of Option Shares. The purchase of Option Shares pursuant to this paragraph 13 shall be closed at the Company’s 's executive offices within 20 days after the expiration of the 120-day period referred to in paragraph 13(b). At the closing, the purchaser or purchasers shall pay the purchase price in the manner specified in paragraph 14(b) and Optionee you and any other holders of Option Shares being purchased shall deliver the certificate or certificates representing such shares to the purchaser or purchasers or their nominees, accompanied by duly executed stock powers. Any purchaser of Option Shares under this paragraph 13 shall be entitled to receive customary representations and warranties from Optionee you and any other selling holders of Option Shares regarding the sale of such shares (including representations and warranties regarding good title to such shares, free and clear of any liens or encumbrances) and to require all sellers’ ' signatures to be guaranteed by a national bank or reputable securities broker.

Closing of Repurchase of Option Shares. The purchase of Option Shares pursuant to this paragraph 13 12 shall be closed at the Company’s executive offices within 20 days after the expiration of the 120-day period referred to in paragraph 13(b12(b). At the closing, the purchaser or purchasers shall pay the purchase price in the manner specified in paragraph 14(b) 13(b), and Optionee you and any other holders of Option Shares being purchased shall deliver the certificate or certificates representing such shares to the purchaser or purchasers or their nominees, accompanied by duly executed stock powers. Any purchaser of Option Shares under this paragraph 13 12 shall be entitled to receive customary representations and warranties from Optionee you and any other selling holders of Option Shares regarding the sale of such shares (including representations and warranties regarding good title to such shares, free and clear of any liens or encumbrances) and to require all sellers’ signatures to be guaranteed by a national bank or reputable securities broker.

Closing of Repurchase of Option Shares. The purchase of Option Shares pursuant to this paragraph 13 12 shall be closed at the Company’s 's executive offices within 20 days after the expiration of the 120180-day period referred to in paragraph 13(b12(b). At the closing, the purchaser or purchasers shall pay the purchase price in the manner specified in paragraph 14(b13(b) and Optionee you and any other holders of Option Shares being purchased shall deliver the certificate or certificates representing such shares to the purchaser or purchasers or their nominees, accompanied by duly executed stock powers. Any purchaser of Option Shares under this paragraph 13 12 shall be entitled to receive customary representations and warranties from Optionee you and any other selling holders of Option Shares regarding the sale of such shares (including representations and warranties regarding good title to such shares, free and clear of any liens or encumbrances) and to require all sellers’ ' signatures to be guaranteed by a national bank or reputable securities broker.