Stock Delivery. The Company may, in its discretion, provide the Optionholder with the election to deliver to the Company, at the time the Option is exercised, one or more shares of Common Stock previously acquired by the Optionholder (other than pursuant to the transaction triggering the Taxes) with an aggregate fair market value equal to the percentage (not to exceed 100 percent) of the Taxes incurred in connection with such Option exercise.
Appears in 4 contracts
Samples: Main Street and Main Incorporated Stock Option Agreement (Main Street & Main Inc), Main Street and Main Incorporated Nonqualified Stock Option Agreement (Main Street & Main Inc), Main Street and Main Incorporated Stock Option Agreement (Main Street & Main Inc)
