Delivery of Option Shares. The Company shall deliver a certificate for the Option Shares to the Employee as soon as practicable after payment therefor.
Delivery of Option Shares. Upon exercise of the Option and payment of the Option Price pursuant to paragraph (a) of this Section 4, and subject to the requirements set forth in Section 5 and Section 12, the Company shall issue or cause to be issued, and delivered as promptly as possible to the Optionee, certificates representing the appropriate number of Option Shares, which certificates shall be registered in the name of the Optionee.
Delivery of Option Shares. The Company shall deliver a certificate for the Option Shares to the Grantee as soon as practicable after payment therefor.
Delivery of Option Shares. As soon as practicable after receipt by the Company of a timely notice of exercise of any of the Options hereunder, of payment therefor, the Company shall transfer to Optionee or his legal representative(s), as the case may be, one or more certificate(s) for the number of shares with respect to which the Options shall have been so exercised.
Delivery of Option Shares. Within five days after receiving written notice of the exercise of the option set forth herein, Company shall deliver stock certificates representing the Option Shares and any and all other documents which are required to transfer the Option Shares, duly endorsed for transfer, to the purchaser thereof and shall receive the consideration therefor. Failure to Exercise Option. In the event Purchaser does not elect to purchase all of the Option Shares in any given year (500 per year), the option granted by this Agreement shall be deemed expired as to such remaining Option Shares and purchaser shall have no further right to purchase said shares pursuant to the terms of this Agreement.
Delivery of Option Shares. On or prior to each applicable Share Delivery Date, the Grantor shall take all actions necessary to cause such aggregate number of Option Shares to which the applicable Purchaser is entitled pursuant to a Call Option to be issued to such Purchaser in certificate form and each such certificate may, if required by the Company, bear a legend substantially similar to the legend set forth in Section 1.2.
Delivery of Option Shares. The Grantor shall deliver to the Purchaser Option Shares in accordance with the terms of the Call Option Agreement. Date: , Name of Purchaser By: Name:
Delivery of Option Shares. The Secretary of the Company shall have full authority to direct the proper officers of the Company to issue or transfer shares of Company Stock pursuant to the exercise of the Option. As soon as practicable after its receipt of such notice and payment, the Company shall cause the shares so purchased to be issued to the Grantee or to the person authorized to exercise the Option after the Grantee's death, as the case may be, and shall promptly thereafter cause one or more certificates for such shares to be delivered to the Grantee or other person.
Delivery of Option Shares. The Issuer shall deliver to the holder __________ Option Shares in accordance with the terms of the Option. Date: _______________ Name of Registered Holder By: Name: Title: EXHIBIT B ASSIGNMENT FORM (To be executed by the registered holder hereof) FOR VALUE RECEIVED, ________________ hereby sells, assigns and transfers unto _______________ the within Option and all rights evidenced thereby and does irrevocably constitute and appoint _______________, attorney, to transfer the said Option on the books of the within named Issuer. Dated: Signature: Address: PARTIAL ASSIGNMENT (To be executed by the registered holder hereof) FOR VALUE RECEIVED, __________________ hereby sells, assigns and transfers unto _________________ the right to purchase ________ Common Shares issuable upon exercise of the attached Option, and does irrevocably constitute and appoint __________________, attorney, to transfer that part of the said Option on the books of the within named Issuer. Dated: Signature: Address:
Delivery of Option Shares. The Company shall, upon payment in accordance with Section 3(a) above of the aggregate purchase price for the number of shares purchased, make prompt delivery of such shares to the Optionee and pay all original issue and transfer taxes and all other fees and expenses incident to such delivery. All shares delivered upon any exercise of this option shall, when delivered, be (i) duly authorized, validly issued, fully paid and nonassessable, (ii) registered for sale, and for resale, under U.S. state and federal securities laws to the extent that other shares of the same class are then so registered or qualified and (iii) listed, or otherwise qualified, for trading on any securities exchange or securities market on which shares of the same class are then listed or qualified. To the extent that shares are not promptly delivered to the Optionee when due, the Company shall promptly make the Optionee whole for any resulting expense or loss of benefit. The Company shall deliver cash in lieu of any fractional share.
