LOST, STOLEN OR MUTILATED OPTION. If this Option is lost, stolen, -------------------------------- mutilated or destroyed, the Company shall, on such terms as to indemnity or otherwise as the Company may reasonably impose, issue a new Option of like denomination, tenor and date. Any such new Option shall constitute an original contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated or destroyed Option shall be at any time enforceable by anyone.
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Samples: Option to Purchase Agreement (Vitafort International Corp), Option Agreement (Vitafort International Corp), Option to Purchase Agreement (Vitafort International Corp)
LOST, STOLEN OR MUTILATED OPTION. If this Option is lost, stolen, -------------------------------- mutilated or destroyed, the Company shallwill, on such terms as to indemnity or otherwise as the Company it may reasonably imposeimpose (which shall, in the case of a mutilated Option, include the surrender thereof), issue a new Option of like denomination, denomination and tenor and date. Any such new as this Option shall constitute an original contractual obligation of the Company, whether or not the allegedly so lost, stolen, mutilated or destroyed Option shall be at any time enforceable by anyonedestroyed.
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Samples: Security Agreement (Bioxytran, Inc), Security Agreement (Bioxytran, Inc)
LOST, STOLEN OR MUTILATED OPTION. If this Option is lost, stolen, mutilated -------------------------------- mutilated or destroyed, the Company shall, on such terms as to indemnity or otherwise as the Company may reasonably impose, issue a new Option of like denomination, tenor and date. Any such new Option shall constitute an original contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated or destroyed Option shall be at any time enforceable by anyone.
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