Common use of Delivery of Shares on Exercise Clause in Contracts

Delivery of Shares on Exercise. As soon as practicable after receipt of the Notice and payment of the Exercise Price, the Company shall deliver to the Optionee, without transfer or issuance tax or other incidental expense to the Optionee, at the office of the Company, or at such other place as may be mutually acceptable, or, at the election of the Company, by certified mail addressed to the Optionee at the Optionee's address shown in the employment records of the Company, a certificate or certificates for the number of Shares set forth in the Notice and for which the Company has received payment in the manner prescribed herein.

Appears in 2 contracts

Samples: Stock Option Agreement (Videolan Technologies Inc /De/), Employment Agreement (Videolan Technologies Inc /De/)

AutoNDA by SimpleDocs

Delivery of Shares on Exercise. As soon as practicable after receipt of the Notice and payment of the Exercise PricePrice and any required withholding taxes, the Company shall deliver to the Optionee, without transfer or issuance tax or other incidental expense to the Optionee, at the office of the Company, or at such other place as may be mutually acceptable, or, at the election of the Company, by certified mail addressed to the Optionee at the Optionee's ’s address shown in the employment records of the Company, a certificate or certificates for the number of Shares shares of Common Stock set forth in the Notice and for which the Company has received payment in the manner prescribed herein.

Appears in 2 contracts

Samples: Stock Option Agreement (Ventas Inc), Stock Option Agreement (Ventas Inc)

Delivery of Shares on Exercise. As soon as practicable after receipt of the Notice and payment of the Exercise PricePrice and any required withholding taxes, the Company shall deliver to the Optionee, without transfer or issuance tax or other incidental expense to the Optionee, at the office of the Company, or at such other place as may be mutually acceptable, or, at the election of the Company, by certified mail addressed to the Optionee at the Optionee's ’s address shown in the employment records of the Company, a certificate or certificates for the number of Shares shares of Common Stock set forth in the Notice and for which the Company has received payment in the manner prescribed herein.

Appears in 1 contract

Samples: Stock Option Agreement (Ventas Inc)

AutoNDA by SimpleDocs

Delivery of Shares on Exercise. As soon as practicable after receipt of the Notice and payment of the Exercise PricePrice and any required withholding taxes, the Company shall deliver to the Optionee, without transfer or issuance tax or other incidental expense to the Optionee, at the office of the Company, or at such other place as may be mutually acceptable, or, at the election of the Company, by certified mail addressed to the Optionee at the Optionee's address shown in the employment records of the Company, a certificate or certificates for the number of Shares shares of Common Stock set forth in the Notice and for which the Company has received payment in the manner prescribed herein.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Ventas Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.