Common use of Division of Option Clause in Contracts

Division of Option. This Agreement (and the Option granted hereby) are exchangeable, without expense, at the option of Grantee, upon presentation and surrender of this Agreement at the principal office of Issuer for other Agreements providing for Options of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Issuer Common Stock purchasable hereunder. The terms "Agreement" and "Option" as used herein include any other Stock Option Agreement and related Options for

Appears in 2 contracts

Samples: Stock Option Agreement (Chase Manhattan Corp /De/), Stock Option Agreement (Chase Manhattan Corp /De/)

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Division of Option. This Agreement (and the Option granted hereby) hereby are exchangeable, without expense, at the option of Grantee, upon presentation and surrender of this Agreement at the principal office of Issuer for other Agreements providing for Options of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Issuer Common Stock purchasable hereunder. The terms "Agreement" and "Option" as used herein include any other Stock Option Agreement and related Options forCommon

Appears in 1 contract

Samples: Option Agreement (Printcafe Software Inc)

Division of Option. This Agreement (and the Option granted hereby) are is exchangeable, without expense, at the option of GranteeHolder, upon presentation and surrender of this Agreement at the principal office of Issuer for other Agreements providing for Options of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Issuer Common Stock purchasable hereunder. The terms "Agreement" and "Option" as used herein include any other Stock Option Agreement Agreements and related Options forfor which this Agreement (and the Option granted hereby) may be exchanged. Upon receipt by Issuer of

Appears in 1 contract

Samples: Stock Option Agreement (First Liberty Financial Corp)

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Division of Option. This Agreement (and the Option granted hereby) are is exchangeable, without expense, at the option of GranteeHolder, upon presentation and surrender of this Agreement at the principal office of Issuer for other Agreements providing for Options of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Issuer Common Stock purchasable hereunder. The terms "Agreement" and "Option" as used herein include any other Stock Option Agreement Agreements and related Options forfor which this Agreement (and the Option granted hereby) may be

Appears in 1 contract

Samples: Stock Option Agreement (One Valley Bancorp Inc)

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