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 Options by delivery of Shares, any certificate or certificates representing the Shares 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, and any electronic delivery of Shares shall be in a manner sufficient for purposes of transferring such Shares to the Company. Fractional Shares will not be accepted in payment of the purchase price of Shares acquired upon exercise of this Option.

Delivery of Shares Tendered in Payment of Purchase Price. If the Optionee exercises Options by delivery of Shares, any certificate or certificates representing the Shares 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, and any electronic delivery of Shares shall be in a manner sufficient for purposes of transferring such Shares to the CompanyShares. 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.