Issuance of Option Shares. The Option Shares, or any part thereof, shall be Class B Shares which have been authorized but not previously issued or subscribed. The Option Shares, when issued and delivered pursuant to any exercise of the Option, shall be fully paid and nonassessable, subject to all the terms and conditions of this Agreement.
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Samples: Stock Option Agreement (Nin Rafael), Stock Option Agreement (Whitman Corp/New/)
Issuance of Option Shares. The Option Shares, Shares or any part thereof, shall be Class B Shares which have been authorized but not previously issued or subscribedof the Company. The Option Shares, when issued and and/or delivered pursuant to any exercise of the Option, shall be fully paid and nonassessable, subject to all the terms and conditions of this Agreementagreement.
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Issuance of Option Shares. The Option Shares, or any part thereofhereof, shall be Class B Shares which have been authorized but not previously issued or subscribed. The Option Shares, when issued and delivered pursuant to any exercise of the Option, shall be fully paid and nonassessable, subject to all the terms and conditions of this Agreement.
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