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

Payment and Redelivery of Option or Shares. In the event MCS ------------------------------------------ exercises its rights under Section 6(a), NetIQ will, within five (5) business days after MCS delivers notice pursuant to Section 6(a), pay the required amount to MCS in immediately available funds and MCS will surrender to NetIQ the Option and the certificates evidencing the NetIQ Shares purchased by MCS pursuant thereto.

Payment and Redelivery of Option or Shares. In the event MCS NetIQ ------------------------------------------ exercises its rights under Section 6(a), NetIQ the MCS will, within five (5) business days after MCS NetIQ delivers notice pursuant to Section 6(a), pay the required amount to MCS NetIQ in immediately available funds and MCS NetIQ will surrender to NetIQ the MCS the Option and the certificates evidencing the NetIQ MCS Shares purchased by MCS NetIQ pursuant thereto.