Common use of Issuance of Company Shares Clause in Contracts

Issuance of Company Shares. The Director shall exercise the Options by giving written notice thereof to the Company and paying the applicable option exercise price to the Company by certified check or electronic wire transfer of immediately available funds. Upon receipt of such payment, the Company shall issue to the Director certificates evidencing the Company Shares purchased therewith.

Issuance of Company Shares. The Director shall exercise the Options by -------------------------- giving written notice thereof to the Company and paying the applicable option exercise price to the Company by certified check or electronic wire transfer of immediately available funds. Upon receipt of such payment, the Company shall issue to the Director certificates evidencing the Company Shares purchased therewith.

Issuance of Company Shares. The Director shall exercise the Options -------------------------- by giving written notice thereof to the Company and paying the applicable option exercise price to the Company by certified check or electronic wire transfer of immediately available funds. Upon receipt of such payment, the Company shall issue to the Director certificates evidencing the Company Shares purchased therewith.

Issuance of Company Shares. The Director shall exercise the -------------------------- Options by giving written notice thereof to the Company and paying the applicable option exercise price to the Company by certified check or electronic wire transfer of immediately available funds. Upon receipt of such payment, the Company shall issue to the Director certificates evidencing the Company Shares purchased therewith.