Issuance of Option Shares. As promptly as practicable after receipt of such written notification of exercise and full payment of the Option Price and any required tax withholding, the Company shall issue or transfer to the Executive the number of Option Shares with respect to which the Option has been exercised (less shares withheld in satisfaction of tax withholding obligations, if any), and shall deliver to the Executive a certificate or certificates therefor, registered in the Executive's name.
Appears in 4 contracts
Samples: Restricted Stock and Stock Option Award Agreement (Rite Aid Corp), Restricted Stock and Stock Option Award Agreement (Rite Aid Corp), Restricted Stock and Stock Option Award Agreement (Rite Aid Corp)
