Lost Option. Upon receipt by the Company at its principal office of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option, and in the case of any such loss, theft, or destruction, upon delivery of indemnity reasonably satisfactory to the Company or, in case of any such mutilation, upon surrender and cancellation of this Option, the Company will issue a new Option of like tenor in lieu of this Option.
Appears in 5 contracts
Samples: Option Agreement (Bitzio, Inc.), Option to Purchase Common Stock (Bitzio, Inc.), Option Agreement (Bitzio, Inc.)
