Delivery. As promptly as practicable after receipt of the Notice, the Investment Letter (if required) and payment, the Company shall deliver or cause to be delivered to the optionee certificates for the number of shares with respect to which such Option has been so exercised, issued in the optionees name; provided, however, that such delivery shall be deemed effected for all purposes when the Company or a stock transfer agent shall have deposited such certificates in the United States mail, addressed to the optionee, at the address specified in the Notice.
Delivery. As promptly as practicable after receiptNotice of Exercise. An Option may be exercised by the Notice, the Investment Letter (if required) and payment,optionee by delivering to the Company shall deliver or cause to be delivered to the optionee certificates foron any business day a written notice specifying the number of shares with respectof Common Stock the optionee then desires to purchase and specifying the address to which the certificates for such shares are to be mailed (the Notice), accompanied by payment for such shares. In addition, the Company may require any individual to whom an Option has been so exercised, issuedis granted, as a condition of exercising such Option, to give written assurances (the Investment Letter) in a substance and form satisfactory to the optionees name; provided, however,Company to the effect that such delivery shall be deemed effectedindividual is acquiring the Common Stock subject to the Option for all purposes whenhis or her own account for investment and not with a view to the resale or distribution thereof, and to such other effects as the Company deems necessary or a stock transfer agent shall have deposited such certificatesadvisable in the United States mail, addressedorder to the optionee, at the address specified in the Notice.comply with any securities law(s).
As promptlysoon as practicable after receipt of the Notice, the Investment Letter (if required)a written notification of exercise and full payment, the Company shall deliver or cause to be delivered to the optioneeParticipant, in the Participant's name, Share certificates forin an appropriate amount based upon the number of shares with respect to which such Option has been so exercised, issued inShares purchased under the optionees name; provided, however, that such delivery shall be deemed effected for all purposes when the Company or a stock transfer agent shall have deposited such certificates in the United States mail, addressed to the optionee, at the address specified in the Notice.Option(s).
Delivery. As promptlysoon as practicable after receipt by the Company of such notice and check (if the Notice,Option is exercised in whole or in part) and such evidence of intent to acquire for investment as may be required by the Investment Letter (if required) and payment,Committee, the Company shall deliver or cause to be delivered toissue the optionee certificates for theappropriate number of shares with respect to which such Option has been so exercised, issued in the optionees name; provided, however, that such deliveryname of the Optionee and deliver the certificate therefore to the Optionee. The number of shares shall be deemed effectedadjusted appropriately, or other appropriate arrangements shall be made, for all purposes when the Companyany taxes required to be withheld by United Kingdom or a stock transfer agent shall have deposited such certificates in the United States mail, addressed to the optionee, at the address specified in the Notice.federal, state or local law.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.