Use of Proceeds from Stock. Proceeds from the sale of Shares pursuant to the exercise of options granted under the Plan shall constitute general funds of the Bank.
Appears in 2 contracts
Samples: Stock Option Agreement (Western Sierra Bancorp), Stock Option Status Agreement (Western Sierra Bancorp)
Use of Proceeds from Stock. Proceeds from the sale of Shares stock pursuant to the exercise of options granted under the Plan shall constitute general funds of the BankCompany.
Appears in 1 contract
Samples: Patent Rights Purchase Agreement
Use of Proceeds from Stock. Proceeds from the sale of Shares Common Stock pursuant to the exercise of options Options granted under the Plan shall constitute general funds of the BankCompany.
Appears in 1 contract
Samples: Nonqualified Option Award Agreement (Saleslogix Corp)
