DELIVERY OF SHARES TO OPTIONEE. Upon the Optionee's proper exercise of the Option, the Corporation shall deliver to the Optionee one or more certificates evidencing the number of Shares purchased pursuant to the exercise of the Option and such Shares shall be fully paid and nonassessable.
Appears in 3 contracts
Samples: Directors Stock Option Agreement and Grant (Cryolife Inc), Directors Stock Option Agreement and Grant (Cryolife Inc), Directors Stock Option Agreement and Grant (Cryolife Inc)
DELIVERY OF SHARES TO OPTIONEE. Upon the Optionee's proper exercise of the Option, the Corporation Company shall deliver to the Optionee one or more certificates evidencing the number of Shares purchased pursuant to the exercise of the Option and such Shares shall be fully paid and nonassessable.
Appears in 1 contract
Samples: Cryolife Inc
DELIVERY OF SHARES TO OPTIONEE. Upon the Optionee's ’s proper exercise of the Option, the Corporation shall deliver to the Optionee one or more certificates evidencing the number of Shares purchased pursuant to the exercise of the Option and such Shares shall be fully paid and nonassessablenon-assessable.
Appears in 1 contract
DELIVERY OF SHARES TO OPTIONEE. Upon the Optionee's ’s proper exercise of the Option, the Corporation shall deliver to the Optionee one or more certificates evidencing the number of Shares purchased pursuant to the exercise of the Option and such Shares shall be fully paid and nonassessable.
Appears in 1 contract
Samples: Directors Stock Option Agreement and Grant (Cryolife Inc)
