Common use of Par Value Payment Clause in Contracts

Par Value Payment. Concurrently with the delivery of this Agreement to the Corporation, Participant shall pay the Corporation (in cash or by check or direct offset against any amounts owed Participant by the Corporation) the aggregate par value of the Issued Shares and shall deliver a duly executed blank Assignment Separate from Certificate (in the form attached hereto as Exhibit I) with respect to the Issued Shares.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Sandisk Corp)

Par Value Payment. Concurrently with the delivery of this Agreement to the Corporation, Participant shall pay the Corporation (in cash or by check or direct offset against any amounts owed Participant by the Corporationcheck) the aggregate par value of the Issued Shares and shall deliver a duly executed blank Assignment Separate from Certificate (in the form attached hereto as Exhibit I) with respect to the Issued Shares.

Appears in 1 contract

Sources: Restricted Stock Award Agreement (Sandisk Corp)