Surrender of Option. Upon surrender of this Option for transfer or ------------------- exchange or upon the exercise hereof, this Option shall be canceled by the Company, and shall not be reissued by the Company and, except as provided in Section 2 in case of a partial exercise or an exchange or Section 8 in case of a transfer, or Section 9 in case of mutilation. Any new Option certificate shall be issued promptly but not later than fourteen (14) days after receipt of the old Option certificate.
Appears in 13 contracts
Samples: Vitafort International Corp, Vitafort International Corp, Vitafort International Corp
Surrender of Option. Upon surrender of this Option for transfer or exchange ------------------- exchange or upon the exercise hereof, this Option shall be canceled by the Company, and shall not be reissued by the Company and, except as provided in Section 2 in case of a partial exercise or an exchange or Section 8 in case of a transfer, or Section 9 in case of mutilation. Any new Option certificate shall be issued promptly but not later than fourteen (14) days after receipt of the old Option certificate.
Appears in 1 contract
Samples: Vitafort International Corp