Common use of Replacement of Option Clause in Contracts

Replacement of Option. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Company or, in the case of mutilation, on surrender and cancellation of this Option, the Company at its expense shall execute and deliver, in lieu of this Option, a new Option of like tenor and amount.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this any Option and, in the case of any such loss, theft or destruction, on upon delivery of an indemnity agreement reasonably satisfactory in form and substance amount to the Company or, in the case of any such mutilation, on upon surrender and cancellation of this such Option, the Company Company, at its the expense shall of the Option Holder, will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On receipt 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 destructiondestruction of this Option, on delivery of an indemnity agreement or security reasonably satisfactory in form and substance amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this Option and, and (in the case of loss, theft or destruction, on ) upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and substance to the Company orCompany, or (in the case of mutilation, on ) upon surrender and cancellation of this the mutilated Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Company or, in the case of mutilation, on surrender and cancellation of this Option, the Company at its expense shall execute and deliver, in lieu of this Option, a new Option option of like tenor and amount.

Replacement of Option. On Upon receipt of evidence reasonably ------------------------- satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this Option and, and (in the case of loss, theft or destruction, on ) upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and substance to the Company orCompany, or (in the case of mutilation, on ) upon surrender and cancellation of this the mutilated Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option andOption, in and upon receipt of written indemnification of the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory Company by the Holder in form and substance satisfactory to the Company or, in the case of mutilation, on surrender and cancellation of this OptionCompany, the Company at its expense shall execute and deliver, in lieu of this Option, deliver to the Holder a new Option of like date, tenor and amountdenomination.

Replacement of Option. On Upon receipt of evidence reasonably -------------------------- satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this Option and, and (in the case of loss, theft or destruction, on ) upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and substance to the Company orCompany, or (in the case of mutilation, on ) upon surrender and cancellation of this the mutilated Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably ----------------------- satisfactory to the Company of the loss, theft, destruction or mutilation of this any Option and, in the case of any such loss, theft or destruction, on upon delivery of an indemnity agreement reasonably satisfactory in form and substance amount to the Company or, in the case of any such mutilation, on upon surrender and cancellation of this such Option, the Company Company, at its the expense shall of the Option Holder, will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this the Option and, in the case of any such loss, theft or destructiondestruction of the Option, on delivery of an indemnity agreement or security reasonably satisfactory in form and substance amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this the Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option and, and (in the case of loss, theft or destruction, on ) upon delivery of an a customary indemnity agreement reasonably satisfactory in form and substance to the Company or, or (in the case of mutilation, on ) upon surrender and cancellation of this Option, the Company at its expense shall execute and deliverwill issue, in lieu of this Optionthereof, a new Option of like the same tenor and amountdate.

Replacement of Option. On Upon receipt of evidence reasonably ----------------------- satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this Option and, and (in the case of loss, theft or destruction, on ) upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and substance to the Company orCompany, or (in the case of mutilation, on ) upon surrender and cancellation of this the mutilated Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company Stockholder of the loss, theft, destruction destruction, or mutilation of this Option and, in the case of any such loss, theft theft, or destruction, on upon delivery of an indemnity agreement reasonably satisfactory in form and substance amount to the Company Stockholder, or, in the case of any such mutilation, on upon surrender and cancellation of this Option, the Company Stockholder, at its expense shall expense, will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction destruction, or mutilation of this Option and, in the case of any such loss, theft theft, or destruction, on upon delivery of an indemnity agreement reasonably satisfactory in form and substance amount to the Company Company, or, in the case of any such mutilation, on upon surrender and cancellation of this Option, the Company at its expense shall Company, will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On receipt of evidence reasonably satisfactory to the this Company of the loss, theft, destruction or mutilation of this Option and, in the case of any such loss, theft or destructiondestruction of this Option, on delivery of an indemnity agreement or security reasonably satisfactory in form and substance amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this Option, the Company at its expense shall will execute and deliver, in lieu of this Optionthereof, a new Option of like tenor and amounttenor.

Replacement of Option. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option and, and (in the case of loss, theft or destruction, on ) upon delivery of an a reasonable indemnity agreement (with surety if reasonably required) in an amount reasonably satisfactory in form and substance to the Company orCompany, or (in the case of mutilation, on ) upon surrender and cancellation of this Option, the Company Company, at its expense shall execute and deliverown expense, will issue, in lieu of this Optionthereof, a new Option agreement of like tenor and amounttenor.