Common use of Payment for and Delivery of Certificates Clause in Contracts

Payment for and Delivery of Certificates. At the Option Closing, ---------------------------------------- (i) Acquisition (or its designee) shall pay, by check, an amount equal to the product of (x) $13 and (y) the number of Shares owned by such Stockholder; and (ii) each Stockholder whose Shares are being purchased shall deliver or shall cause to be delivered to Acquisition a certificate or certificates evidencing such Stockholder's Shares, and such Stockholder agrees that such Shares shall be transferred free and clear of all liens. All such certificates representing Shares shall be duly endorsed in blank, or with appropriate stock powers, duly executed in blank, attached thereto, in proper form for transfer, with the signature of such Stockholder thereon guaranteed, and with all applicable taxes paid or provided for.

Payment for and Delivery of Certificates. At the Option Closing, ---------------------------------------- (i) ---------------------------------------- Acquisition (or its designee) shall pay, by check, an amount equal to the product of (x) $13 14 and (y) the number of Shares owned by such StockholderXxxxx; and (ii) each Stockholder whose Shares are being purchased Xxxxx shall deliver or shall cause to be delivered to Acquisition a certificate or certificates evidencing such Stockholder's Xxxxx'x Shares, and such Stockholder Xxxxx agrees that such Shares shall be transferred free and clear of all liens. All such certificates representing Shares shall be duly endorsed in blank, or with appropriate stock powers, duly executed in blank, attached thereto, in proper form for transfer, with the signature of such Stockholder Xxxxx thereon guaranteed, and with all applicable taxes paid or provided for.

Payment for and Delivery of Certificates. At the Option Closing, ---------------------------------------- (i) Acquisition (or its designee) shall pay, by check, an amount equal to the product of (x) $13 14 and (y) the number of Shares owned by such StockholderXxxxxxxx; and (ii) each Stockholder whose Shares are being purchased Xxxxxxxx shall deliver or shall cause to be delivered to Acquisition a certificate or certificates evidencing such Stockholder's Xxxxxxxx'x Shares, and such Stockholder Xxxxxxxx agrees that such Shares shall be transferred free and clear of all liens. All such certificates representing Shares shall be duly endorsed in blank, or with appropriate stock powers, duly executed in blank, attached thereto, in proper form for transfer, with the signature of such Stockholder Xxxxxxxx thereon guaranteed, and with all applicable taxes paid or provided for.