Authority of the Company. The Borrower hereby irrevocably authorizes and empowers the Company, in its absolute discretion, at any time and after any Event of Default as defined herein, to cancel Borrower's unexercised stock options and complete stock powers and to transfer or cause to be transferred on its books all of the Exercise Shares and the share certificates relating thereto.
Appears in 5 contracts
Samples: Pledge and Security Agreement (Lason Inc), Pledge and Security Agreement (Lason Inc), Pledge and Security Agreement (Lason Inc)
Authority of the Company. The Borrower hereby irrevocably authorizes and empowers the Company, in its absolute discretion, at any time and after any Event of Default as defined herein, to cancel Borrower's unexercised stock options and complete the stock powers and to transfer or cause to be transferred on its books all of the Exercise Pledged Shares and the share certificates Share Certificates relating thereto.
Appears in 3 contracts
Samples: Stock Pledge Agreement (Marketaxess Holding Inc), Stock Pledge Agreement (Bixby Carl L), Stock Pledge Agreement (Marketaxess Holding Inc)
