Common use of DELIVERY OF SHARES TO OPTIONEE Clause in Contracts

DELIVERY OF SHARES TO OPTIONEE. As soon as practicable after the expiration of the Right of First Refusal, the escrow agent shall deliver to the Optionee the shares no longer subject to such restrictions.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Liposcience Inc), Incentive Stock Option Agreement (Liposcience Inc), Incentive Stock Option Agreement (Accentia Biopharmaceuticals Inc)

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DELIVERY OF SHARES TO OPTIONEE. As soon as practicable after the ------------------------------ expiration of the Right of First Refusal, the escrow agent shall deliver to the Optionee the shares no longer subject to such restrictions.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Liposcience Inc), Incentive Stock Option Agreement (Liposcience Inc)

DELIVERY OF SHARES TO OPTIONEE. As soon as practicable after the expiration of the Right of First Refusal, and after full repayment on any promissory note secured by the shares in escrow, the escrow agent shall deliver to the Optionee the shares no longer subject to such restrictionsrestrictions and no longer security for any promissory note.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ciena Corp)

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DELIVERY OF SHARES TO OPTIONEE. As soon as practicable after the expiration of the Right of First Refusal, the escrow agent shall deliver to the Optionee the shares no longer subject to such restrictions.. H+M:161030.01 7

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Liposcience Inc)

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