Common use of Delivery by the Company Clause in Contracts

Delivery by the Company. As soon as practicable after receipt of all items referred to in paragraph 6, and subject to the withholding referred to in paragraph 7, the Company shall deliver to the Grantee certificates issued in Grantee's name for the number of Series A Stock Option Shares purchased by exercise of the Series A Stock Option and for the number of shares of Series A Stock to which the Grantee is entitled by the exercise of Series A Stock Tandem SARs and any cash payment to which the Grantee is entitled by the exercise of Series A Stock Tandem SARs. If delivery is by mail, delivery of shares of Series A Stock shall be deemed effected for all purposes when a stock transfer agent of the Company shall have deposited the certificates in the United States mail, addressed to the Grantee, and any cash payment shall be deemed effected when a Company check, payable to Grantee and in an amount equal to the amount of the cash payment, shall have been deposited in the United States mail, addressed to the Grantee.

Appears in 6 contracts

Samples: Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

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Delivery by the Company. As soon as practicable after receipt of all items referred to in paragraph 65, and subject to the withholding referred to in paragraph 76, the Company shall deliver to the Grantee certificates issued in Grantee's name for the number of Series A Stock Option Shares purchased by exercise of the Series A Stock Option and for the number of shares of Series A Stock to which the Grantee is entitled by the exercise of Series A Stock Tandem SARs and any cash payment to which the Grantee is entitled by the exercise of Series A Stock Tandem SARs. If delivery is by mail, delivery of shares of Series A Stock shall be deemed effected for all purposes when a stock transfer agent of the Company shall have deposited the certificates in the United States mail, addressed to the Grantee, and any cash payment shall be deemed effected when a Company check, payable to Grantee and in an amount equal to the amount of the cash payment, shall have been deposited in the United States mail, addressed to the Grantee.

Appears in 4 contracts

Samples: Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

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