Source of Shares. Upon the award of Restricted Shares and when a Performance Share is earned, the Company may issue authorized but unissued shares of Common Stock. Upon the exercise of an Option or SAR, the Company may deliver to the Participant (or the Participant's broker if the Participant so directs), authorized but unissued Common Stock.
Appears in 5 contracts
Samples: Blimpie International Inc, Mikron Instrument Co Inc, Mikron Instrument Co Inc
Source of Shares. Upon the award of Restricted Shares and when a ---------------- Performance Share is earned, the Company may issue authorized but unissued shares of Common Stock. Upon the exercise of an Option or SAR, the Company may deliver to the Participant (or the Participant's broker if the Participant so directs), authorized but unissued Common Stock.
Appears in 1 contract
Samples: Blimpie International Inc