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: Employment Agreement (MetaMorphix Inc.), Incentive Stock Option Agreement (Smart Video Technologies 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 (Enterworks Inc), Incentive Stock Option Agreement (Cisco Systems Inc), Non Statutory Stock Option Agreement (Distributed Energy Systems 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 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: Incentive Stock Option Agreement (Switchboard Inc), Incentive Stock Option Agreement (Switchboard Inc), Non Statutory Stock Option Agreement (Epresence 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 any 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, and any electronic delivery of shares shall be in a manner sufficient 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 9 contracts

Samples: Employee Stock Option Agreement (Idexx Laboratories Inc /De), Director Stock Option Agreement (Idexx Laboratories Inc /De), Employee Stock Option Agreement (Idexx Laboratories Inc /De)

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

Delivery of Shares Tendered in Payment of Purchase Price. If the Company permits the Optionee exercises this option to exercise 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 3 contracts

Samples: Stock Option Agreement (Unica Corp), Non Statutory Stock Option Agreement (Vision Sciences Inc /De/), Non Statutory Stock Option Agreement (Global E Tutor 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), Incentive Stock Option Agreement (Clinical Data Inc), Non Qualified Stock Option Agreement (Clinical Data 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 Company permits the Optionee exercises this option to exercise 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 2 contracts

Samples: Performance Option Agreement (Globe Manufacturing Corp), Performance Option Agreement (Globe Manufacturing Corp)

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 optionOption.

Appears in 2 contracts

Samples: Stock Option Agreement (Idx Systems Corp), Stock Option Agreement (Idx Systems Corp)

Delivery of Shares Tendered in Payment of Purchase Price. If the Company permits the Optionee exercises this option to exercise 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 optionthe Option.

Appears in 2 contracts

Samples: Key Man Stock Option Agreement (Interleaf Inc /Ma/), Key Man Stock Option Agreement (Interleaf Inc /Ma/)

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: Adviser's Stock Option Agreement (Unica Corp), Adviser's Stock Option Agreement (Unica Corp)

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 2 contracts

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

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

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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 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: Non Statutory Stock Option Agreement (Mapinfo Corp)

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 optionOption.

Appears in 1 contract

Samples: Stock Option Agreement (Idx Systems Corp)

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 (Banyan Systems Inc)

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: Non Statutory 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 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 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 optionoption .

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Epresence 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 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.)

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)

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: Employment Agreement (Staples Inc)

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