Common use of Payment and Redelivery of Option or Shares Clause in Contracts

Payment and Redelivery of Option or Shares. In the event Parent ------------------------------------------ exercises its rights under Section 7(a) , the Company will, within five business days after Parent delivers notice pursuant to Section 7(a), pay the required amount to Parent in immediately available funds and Parent will surrender to the Company the Option and the certificates evidencing the Company Shares purchased by Parent pursuant thereto.

Payment and Redelivery of Option or Shares. In the event Parent ------------------------------------------ exercises its rights under Section 7(a6(a) by delivery of a Put Notice, the Company will, within five twenty (20) business days after Parent delivers notice pursuant to Section 7(a)such notice, pay the required amount to Parent in immediately available funds and Parent will surrender to the Company all or such portion of the Option with respect to which the Put Notice relates and the certificates evidencing the Company Shares purchased by Parent pursuant theretoto such Put Notice.

Payment and Redelivery of Option or Shares. In the event Parent ------------------------------------------ exercises its rights under Section 7(a) 6(a), the Company will, within five (5) business days after Parent delivers notice a Put Notice pursuant to Section 7(a6(a), pay the required amount to Parent in immediately available funds and Parent will surrender to the Company the Option and the certificates evidencing the Company Shares purchased by Parent pursuant theretothereto and the Option shall be terminated.

Payment and Redelivery of Option or Shares. In the event Parent ------------------------------------------ exercises its rights under Section 7(a) by delivery of a Put Notice, the Company will, within five (5) business days after Parent delivers notice pursuant to Section 7(a)such notice, pay the required amount to Parent in immediately available funds and Parent will surrender to the Company all or such portion of the Option with respect to which the Put Notice relates and the certificates evidencing the Company Shares purchased by Parent pursuant theretoto such Put Notice.

Payment and Redelivery of Option or Shares. In the event Parent ------------------------------------------ exercises its rights under Section 7(a6(a) by delivery of a Put Notice, the Company will, within five twenty (20) business days after Parent delivers notice pursuant to Section 7(a)such notice, pay the required amount to Parent in immediately available funds and Parent will surrender to the Company all or such portion of the Option with respect to which the Put Notice relates and the certificates evidencing the Company Shares purchased by Parent pursuant theretoto such Put Notice.