Common use of Stock Delivery Clause in Contracts

Stock Delivery. Optionee is hereby granted the election to deliver, at the time the option is exercised, one or more shares of Common Stock previously acquired by Optionee (other than in connection with the acquisition triggering the Taxes) with an aggregate Fair Market Value not to exceed one hundred percent (100%) of the Taxes. Any such exercise of the election must be effected in accordance with the following terms and conditions:

Appears in 4 contracts

Samples: Stock Option Agreement (Onyx Acceptance Corp), Stock Option Agreement (Atlantic Pharmaceuticals Inc), Stock Option Agreement (Us Homecare Corp)

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Stock Delivery. Optionee is hereby granted the election to deliver, at the time the option is exercised, one or more shares of Common Stock previously acquired by Optionee (other than in connection with the acquisition triggering the Taxes) with an aggregate Fair Market Value not to exceed one hundred percent (100%) of the Taxes. 2 Any such exercise of the election must be effected in accordance with the following terms and conditions:

Appears in 1 contract

Samples: Stock Option Agreement (Onyx Acceptance Corp)

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Stock Delivery. Optionee is hereby granted the election to deliver, at -------------- the time the option is exercised, one or more shares of the Corporation's Common Stock previously acquired by Optionee (other than in connection with the acquisition triggering the Withholding Taxes) with an aggregate Fair Market Value not to exceed one hundred percent (100%) of the TaxesWithholding Taxes incurred in connection with such option exercise. Any such exercise of the election must be effected in accordance with the following terms and conditions:

Appears in 1 contract

Samples: Stock Option Agreement (Microelectronic Packaging Inc /Ca/)

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