Common use of Delivery of Shares Tendered in Payment of Purchase Price Clause in Contracts

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 23 contracts

Samples: Incentive Stock Option Agreement (Smart Video Technologies Inc), Employment Agreement (MetaMorphix Inc.), Incentive Stock Option Agreement (Smart Video Technologies Inc)

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Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option options by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 21 contracts

Samples: Incentive Stock Option Agreement (Distributed Energy Systems Corp), Non Statutory Stock Option Agreement (Distributed Energy Systems Corp), Art Technology Group Inc

Delivery of Shares Tendered in Payment of Purchase Price. If the -------------------------------------------------------- Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 12 contracts

Samples: Nonstatutory Stock Option Agreement (Switchboard Inc), Incentive Stock Option Agreement (Switchboard Inc), Incentive Stock Option Agreement (Switchboard Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee Executive exercises this option Option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee Executive or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this optionOption.

Appears in 7 contracts

Samples: Stock Option Agreement (Picturetel Corp), Non Statutory Stock Option Agreement (Picturetel Corp), Non Statutory Stock Option Agreement (Picturetel Corp)

Delivery of Shares Tendered in Payment of Purchase Price. If the --------------------------------------------------------- Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied accompanies by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 4 contracts

Samples: Non Statutory Stock Option Agreement (Epresence Inc), Incorporated 1992 Stock Incentive Plan Non Statutory Stock Option Agreement (Banyan Systems Inc), Stock Option Agreement (Banyan Systems Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option options by delivery of shares of Common Stock stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (Epresence Inc), Banyan Systems Incorporated Non Qualified Stock Option Agreement (Banyan Systems Inc), Banyan Systems Incorporated Non Qualified Stock Option Agreement (Banyan Systems Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option by delivery of shares of Common Stock of the CompanyStock, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Clinical Data Inc), Non Qualified Stock Option Agreement (Clinical Data Inc), Incentive Stock Option Agreement (Clinical Data Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option the options by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 2 contracts

Samples: Stock Option Agreement (Unica Corp), Stock Option Agreement (Unica Corp)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee Employee exercises this option Option by delivery of shares of Common Stock of the CompanyStock, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed for transfer in blank by the Optionee Employee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock or a written authorization which would result in the issuance of the Company fractional shares of Common Stock will not be accepted in payment of the purchase price of shares acquired upon exercise of this optionOption.

Appears in 2 contracts

Samples: Stock Option Agreement (Independent Bank Corp), Stock Option Agreement (Independent Bank Corp)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this the option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares Shares acquired upon exercise of this option.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Novavax Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option Option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this optionOption.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Winston Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Winston Pharmaceuticals, Inc.)

Delivery of Shares Tendered in Payment of Purchase Price. If --------------------------------------------------------- the Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied accompanies by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Epresence Inc)

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Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option options by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of for shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Stock Incentive Plan Non Statutory Stock Option Agreement (Mapinfo Corp)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee Employee exercises this option options by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee Employee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Stock Option Agreement (Organogenesis Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option by delivery of shares of Common Stock of the CompanyStaples, the certificate or certificates representing the shares of Common Stock of the Company Staples to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the CompanyStaples. Fractional shares of Common Stock of the Company Staples will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Staples Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option by delivery of shares of Common Stock of the CompanyCorporation, the certificate or certificates representing the shares of Common Stock of the Company Corporation to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the CompanyCorporation. Fractional shares of Common Stock of the Company Corporation will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Felicitex Therapeutics Inc.)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option Options by delivery of shares of Common Stock common stock of the Company, the certificate or certificates representing the shares of Common Stock common stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock common stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this optionOption.

Appears in 1 contract

Samples: Stock Option Agreement (Bay Networks Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the -------------------------------------------------------- Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied accompanies by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Incorporated Non Qualified Stock Option Agreement (Banyan Systems Inc)

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises this option options by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Shiwana, Inc.)

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