Replacement of Option. Upon receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this Option and (in case of loss, theft or destruction) upon delivery of an indemnity agreement in an amount reasonably satisfactory to the Company, or (in the case of mutilation) upon surrender and cancellation of the mutilated Option, the Company will execute and deliver, in lieu thereof, a new Option of like tenor.
Appears in 8 contracts
Samples: Stock Option Agreement (Savoy Resources Corp), Stock Option Agreement (Pollution Research & Control Corp /Ca/), Stock Option Agreement (Pollution Research & Control Corp /Ca/)
Replacement of Option. Upon On 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) upon , on delivery of an indemnity agreement in an amount reasonably satisfactory in form and substance to the CompanyCompany or, or (in the case of mutilation) upon , on surrender and cancellation of the mutilated this Option, the Company will at its expense shall execute and deliver, in lieu thereofof this Option, a new Option option of like tenortenor and amount.
Appears in 5 contracts
Samples: Option to Purchase Shares of Common Stock (Anschutz Philip F), Option to Purchase Shares of Common Stock (Rentech Inc /Co/), Option to Purchase Shares of Common Stock (Forest Oil Corp)
Replacement of Option. Upon receipt of evidence reasonably ----------------------- satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this any Option and (and, in the case of any such loss, theft or destruction) , upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and amount to the CompanyCompany or, or (in the case of any such mutilation) , upon surrender and cancellation of the mutilated such Option, the Company Company, at the expense of the Option Holder, will execute and deliver, in lieu thereof, a new Option of like tenor.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Xa, Inc.), Incentive Stock Option Agreement (Xa, Inc.), Option Agreement (Data Call Technologies)
Replacement of Option. Upon receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss, theft, destruction destruction, or mutilation of this Option and (and, in the case of any such loss, theft theft, or destruction) , upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and amount to the Company, or (or, in the case of any such mutilation) , upon surrender and cancellation of the mutilated this Option, the Company Company, at its expense, will execute and deliver, in lieu thereof, a new Option of like tenor.
Appears in 2 contracts
Samples: Employment Agreement (Cowlitz Bancorporation), Option Agreement (Cowlitz Bancorporation)
Replacement of Option. 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 any such loss, theft or destruction) , upon delivery of an agreement of indemnity agreement in an amount reasonably satisfactory in form and amount to the CompanyCompany or, or (in the case of any such mutilation) , upon surrender and cancellation of the mutilated this Option, the Company Company, at its expense, will execute and deliver, in lieu thereof, a new Option of like tenor.
Appears in 1 contract
Replacement of Option. Upon On receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss, theft, theft destruction or mutilation of this Option and (and, in the case of loss, theft or destruction) upon , on delivery of an indemnity agreement in an amount reasonably satisfactory in form and substance to the CompanyCompany or, or (in the case of mutilation) upon , on surrender and cancellation of the mutilated this Option, the Company will at its expense shall execute and deliver, in lieu thereofof this Option, a new Option of like tenortenor and amount.
Appears in 1 contract
Samples: Option to Purchase Common Stock (Atlantis Equities Inc)
Replacement of Option. Upon receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss, theft, destruction destruction, or mutilation of this Option and (and, in the case of any loss, theft theft, or destruction) , upon delivery of an indemnity agreement in an amount reasonably satisfactory in form and amount to the Company, or (or, in the case of any such mutilation) , upon surrender and cancellation of the mutilated this Option, the Company Company, at its expense, will execute and deliver, in lieu thereof, a new Option of like tenor.
Appears in 1 contract
