Common use of Expenses of Issuance of Option Shares Clause in Contracts

Expenses of Issuance of Option Shares. The issuance of stock certificates hereunder shall be without charge to the Employee. The Company shall pay, and indemnify the Employee from and against any issuance, stamp or documentary taxes (other than transfer taxes) or charges imposed by any governmental body, agency or official (other than income taxes) by reason of the issuance of the Option Shares.

Expenses of Issuance of Option Shares. The issuance of stock certificates hereunder shall be without charge to the EmployeeDirector. The Company shall pay, and indemnify the Employee Director from and against any issuance, stamp or documentary taxes (other than transfer taxes) or charges imposed by any governmental body, agency or official (other than income taxes) by reason of the issuance of the Option Shares.