Common use of Actions Costs Clause in Contracts

Actions Costs. It shall be the Company’s responsibility to take all necessary actions and to bear all such costs to issue the certificate of Common Stock as provided herein, including the responsibility and cost for delivery of an opinion letter to the transfer agent, if so required, and any documentary stamp taxes if any, attributable to the initial issuance of the Shares. The person in whose name the certificate of Common Stock is to be registered shall be treated as a shareholder of record on and after the exercise date. Upon exercise of any portion of the Option that is to be exercised in part, the Company shall issue to the Grantee a written acknowledgment of the number of Shares that remain available under the Option, if so requested by Grantee.