Title to Stock. All Shares delivered upon the exercise of the Option shall be validly issued, fully paid and nonassessable; each Option Holder shall, upon such delivery, receive good and marketable title to the Shares, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.
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Sources: Stock Option Agreement (Generation Zero Group, Inc.), Stock Option Agreement (Vertex Energy Inc.), Stock Option Agreement (Coil Tubing Technology, Inc.)
Title to Stock. All Shares delivered upon the exercise of the Option shall be validly issued, fully paid and nonassessablenon-assessable; each Option Holder shall, upon such delivery, receive good and marketable title to the Shares, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.
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Sources: Incentive Stock Option Award Agreement (Lucas Energy, Inc.)
Title to Stock. All Shares delivered upon the exercise of ---------------- the Option shall be validly issued, fully paid and nonassessable; each Option Holder shall, upon such delivery, receive good and marketable title to the Shares, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.
Appears in 1 contract
Title to Stock. All Shares delivered upon the exercise of --------------- the Option shall be validly issued, fully paid and nonassessable; each Option Holder shall, upon such delivery, receive good and marketable title to the Shares, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.
Appears in 1 contract
Title to Stock. All Shares delivered upon the exercise of the --------------- Option shall be validly issued, fully paid and nonassessable; each Option Holder shall, upon such delivery, receive good and marketable title to the Shares, free and clear of all voting and other trust arrangements, liens, encumbrances, equities and claims whatsoever; and the Company shall have paid all taxes, if any, in respect of the issuance thereof.
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