Covenant of Company. The Company hereby covenants and agrees to and with the Optionee that it will reserve in its treasury sufficient Shares to permit the issuance and allotment of the Optioned Shares to the Optionee in the event the Option or any part thereof is exercised. _
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Mag Silver Corp), Indemnity Agreement (Mag Silver Corp)
Covenant of Company. The Company hereby covenants and agrees to and with the Optionee that it will reserve in its treasury sufficient Shares to permit the issuance and allotment of the Optioned Shares to the Optionee in the event the Option or any part thereof is exercised. _ Representation - The Optionee represents that he has not been induced to purchase the Option by expectation of employment or continued employment. _
Appears in 1 contract
Covenant of Company. The Company hereby covenants and agrees to and with the Optionee that it will reserve in its treasury sufficient Shares to permit the issuance and allotment of the Optioned Shares to the Optionee in the event the Option or any part thereof is exercised. _.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Eveolution Ventures Inc)
