Common use of Shares Issued on Exercise of Option Clause in Contracts

Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 48 contracts

Samples: Incentive Stock Option Agreement (Stereotaxis, Inc.), Incentive Stock Option Agreement (Stereotaxis, Inc.), Incentive Stock Option Agreement (Stereotaxis, Inc.)

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Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option the Option granted hereby it will transfer to Optionee the Employee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 7 contracts

Samples: Restricted Stock & Non Qualified Stock Option Award Agreement (Build a Bear Workshop Inc), Restricted Stock & Non Qualified Stock Option Agreement (Build a Bear Workshop Inc), Restricted Stock & Non Qualified Stock Option Award Agreement (Build a Bear Workshop Inc)

Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury treasury shares, or utilize any combination of Treasury treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 4 contracts

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc), Employee Nonqualified Stock Option Agreement (SCS Transportation Inc), Employee Nonqualified Stock Option Agreement (SCS Transportation Inc)

Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option it will transfer to Optionee shares of its authorized but unissued stock or transfer stock, Treasury shares, or shares acquired on the public market, if applicable, or it will utilize any combination of Treasury shares and authorized but unissued shares, Treasury shares and shares acquired on the public market, if applicable, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Build a Bear Workshop Inc), Incentive Stock Option Agreement (Build a Bear Workshop Inc), Director Nonqualified Stock Option Agreement (Build a Bear Workshop Inc)

Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option the Option it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Orchids Paper Products CO /DE), Incentive Stock Option Agreement (Orchids Paper Products CO /DE)

Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option option, it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Equifax Inc), Incentive Stock Option Agreement (Talx Corp)

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Shares Issued on Exercise of Option. It is the intention ----------------------------------- of the Company that on any exercise of this option it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Nooney Realty Trust Inc)

Shares Issued on Exercise of Option. It is the intention of the Company that on any exercise of this option it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on of the Common Stock upon any exercise hereofof the stock option granted pursuant to this Agreement.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Allied Healthcare Products Inc)

Shares Issued on Exercise of Option. It is the intention of the ----------------------------------- Company that on any exercise of this option it will transfer to Optionee shares of its authorized but unissued stock or transfer Treasury shares, or utilize any combination of Treasury shares and authorized but unissued shares, to satisfy its obligations to deliver shares on any exercise hereof.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Nooney Realty Trust Inc)

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