Common use of Stock Reserve Clause in Contracts

Stock Reserve. The Company shall at all times during the Exercise Period under this Option Agreement reserve and keep available such number of Shares of Common Stock as will be sufficient to satisfy the requirements of this Option Agreement and shall pay all original issue taxes (if any) on the exercise of the Option and all other fees and expenses necessarily incurred by the Company in connection therewith.

Appears in 8 contracts

Samples: Option Agreement (First Sterling Banks Inc), Option Agreement (Westside Financial Corp /Ga/), Stock Option Agreement (First Sterling Banks Inc)

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Stock Reserve. The Company Corporation shall at all times during the Exercise Period under this Option Agreement reserve and keep available such number of Shares of Common Stock as will be sufficient to satisfy the requirements of this Option Agreement and shall pay all original issue taxes (if any) on the exercise of the Option and all other fees and expenses necessarily incurred by the Company Corporation in connection therewith.

Appears in 2 contracts

Samples: Incentive Plan Option Agreement (First Sterling Banks Inc), Stock Option Agreement (First Sterling Banks Inc)

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