Common use of Conditions to Delivery of Option Shares Clause in Contracts

Conditions to Delivery of Option Shares. The obligation of the Grantor to deliver Option Shares upon any exercise of the Stock Option is subject to the following conditions:

Appears in 5 contracts

Samples: Stock Option Agreement (Somatix Therapy Corporation), Stock Option Agreement (Somatix Therapy Corporation), Stock Option Agreement (Cell Genesys Inc)

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Conditions to Delivery of Option Shares. The Grantor's obligation of the Grantor to --------------------------------------- deliver Option Shares upon any exercise of the Stock Option is subject to the following conditions:

Appears in 4 contracts

Samples: Varco Stock Option Agreement (Tuboscope Inc /De/), Varco Stock Option Agreement (Varco International Inc), Tuboscope Stock Option Agreement (Varco International Inc)

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