Common use of Replacement of Shares Clause in Contracts

Replacement of Shares. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of any Share certificate and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to the Company (if requested by the Company and unsecured in the case of the Investor or another similar institutional holder), or in the case of any such mutilation, upon surrender of such Share certificate (which surrendered Share certificate shall be cancelled by the Company), the Company will issue a new Share certificate of like tenor in lieu of such lost, stolen, destroyed or mutilated Share certificate, as if the lost, stolen, destroyed or mutilated Share certificate were then surrendered for exchange.

Replacement of Shares. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of any Share certificate and, in the case of any such loss, theft or destructiondestruction of any Share certificate, upon delivery of an indemnity agreement reasonably satisfactory to the Company (if requested by from the Company and unsecured in the case of the Investor or another similar institutional holder)holder thereof, or or, in the case of any such mutilation, upon the surrender of such Share certificate (which surrendered Share certificate shall be cancelled by for cancellation to the Company)Company at its principal office, the Company at its expense will issue execute and deliver, in lieu thereof, a new Share certificate representing the number of like tenor in lieu of Shares represented by such lost, stolen, destroyed or mutilated Share certificate, as if the lost, stolen, destroyed or mutilated Share certificate were then surrendered for exchangeShare.