Common use of Issuance and Delivery of Shares Clause in Contracts

Issuance and Delivery of Shares. Shares of Stock issued pursuant to the exercise of Awards hereunder shall be delivered to Participants by the Company (or its transfer agent) as soon as administratively feasible after a Participant exercises an Award hereunder and executes any applicable shareholder agreement or agreement described in Section 92 that the Company requires at the time of exercise.

Appears in 2 contracts

Sources: Incentive Stock Plan (Nova Corp \Ga\), 1994 Incentive Stock Plan (PMT Services Inc /Tn/)

Issuance and Delivery of Shares. Shares of Stock issued pursuant to the exercise of Awards Options hereunder shall be delivered to Participants by the Company (or its transfer agent) as soon as administratively feasible after a Participant exercises an Award Option hereunder and executes any applicable shareholder agreement or agreement described in Section 92 that the Company requires at the time of exercise.

Appears in 2 contracts

Sources: 1994 Non Employee Director Stock Option Plan (Nova Corp \Ga\), 1994 Non Employee Director Stock Option Plan (PMT Services Inc /Tn/)

Issuance and Delivery of Shares. Shares of Stock issued pursuant to the exercise of Awards Options hereunder shall be delivered to Participants by the Company (or its transfer agent) as soon as administratively feasible after a Participant exercises an Award Option hereunder and executes any applicable shareholder stockholder agreement or other agreement described in Section 92 that the Company requires at the time of exercise.

Appears in 2 contracts

Sources: 2005 Stock Incentive Plan (Pipeline Data Inc), 2005 Stock Incentive Plan (Pipeline Data Inc)

Issuance and Delivery of Shares. Shares of Stock issued pursuant to the exercise of Awards Options hereunder shall be delivered to Participants by the Company (or its transfer agent) as soon as administratively feasible after a Participant exercises an Award Option hereunder and executes any applicable shareholder agreement or agreement described in Section 92 9.2 that the Company requires at the time of exercise.

Appears in 1 contract

Sources: 1995 Non Qualified Stock Option Plan for Non Employee Directors (Bancorpsouth Inc)