Ownership of Record; Tender of Purchase Price; Expenses. Upon the giving by Holder to Issuer of the written notice of exercise referred to in Section 2(d) and, except to the extent such notice relates to a Cashless Exercise, the tender of the applicable purchase price in immediately available funds, Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such exercise, notwithstanding that the stock transfer books of Issuer shall then be closed or that certificates representing such shares of Common Stock shall not have been actually delivered to Holder. Issuer shall pay all expenses, and any and all United States federal, state and local taxes and other charges that may be payable in connection with the preparation, issuance and delivery of stock certificates under this Section 2 in the name of Holder or its assignee, transferee or designee.
Appears in 8 contracts
Samples: Stock Option Agreement (Albertsons Inc /De/), Stock Option Agreement (Albertsons Inc /De/), Stock Option Agreement (Albertsons Inc /De/)
Ownership of Record; Tender of Purchase Price; Expenses. Upon the giving by Holder to Issuer of the written notice of exercise referred to in Section 2(d) and, except to the extent such this notice relates to a Cashless Exercise, the tender of the applicable purchase price in immediately available funds, Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such the exercise, notwithstanding that the stock transfer books of Issuer shall then be closed or that certificates representing such the shares of Common Stock shall not have been actually delivered to Holder. Issuer shall pay all expenses, and any and all United States federal, state and local taxes and other charges that may be payable in connection with the preparation, issuance and delivery of stock certificates under this Section 2 in the name of Holder or its assignee, transferee or designee.
Appears in 4 contracts
Samples: Stock Option Agreement (Kroger Co), Stock Option Agreement (Fred Meyer Inc), Stock Option Agreement (Kroger Co)
Ownership of Record; Tender of Purchase Price; Expenses. Upon the ------------------------------------------------------- giving by Holder to Issuer of the written notice of exercise referred to in Section 2(d) and, except to the extent such this notice relates to a Cashless Exercise, the tender of the applicable purchase price in immediately available funds, Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such the exercise, notwithstanding that the stock transfer books of Issuer shall then be closed or that certificates representing such the shares of Common Stock shall not have been actually delivered to Holder. Issuer shall pay all expenses, and any and all United States federal, state and local taxes and other charges that may be payable in connection with the preparation, issuance and delivery of stock certificates under this Section 2 in the name of Holder or its assignee, transferee or designee.
Appears in 2 contracts
Samples: Stock Option Agreement (Microcide Pharmaceuticals Inc), Stock Option Agreement (Microcide Pharmaceuticals Inc)