Common use of Delivery of Option Shares Clause in Contracts

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.

Appears in 5 contracts

Samples: Stock Option Agreement (Smart Choice Automotive Group Inc), Stock Option Agreement (Smart Choice Automotive Group Inc), Stock Option Agreement (Smart Choice Automotive Group Inc)

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Delivery of Option Shares. As soon as reasonably practicable after receipt by the Company of a timely notice of exercise of any of the Options hereunder, of and payment therefor, the Company shall transfer issue 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.

Appears in 3 contracts

Samples: Stock Option Agreement (Smart Choice Automotive Group Inc), Stock Option Agreement (Smart Choice Automotive Group Inc), Stock Option Agreement (Smart Choice Automotive Group Inc)

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Delivery of Option Shares. As soon as practicable possible 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(sLegal 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.

Appears in 2 contracts

Samples: Stock Option Agreement (Smart Choice Automotive Group Inc), Non Qualified Stock Option Agreement (Eckler Industries Inc)

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