Common use of Delivery by the Company Clause in Contracts

Delivery by the Company. As soon as practicable after receipt of all items referred to in Article VII of the Plan and any payment required by Article VII of the Plan, the Company shall deliver to the Employee certificate(s) issued in Employee's name for the number of Option Shares purchased by exercise of the Option. If delivery is by mail, delivery of Option Shares shall be deemed effected when the stock transfer agent of the Company shall have deposited the certificates in the United States mail, addressed to the Employee.

Appears in 12 contracts

Samples: Employment Agreement (Rc2 Corp), Employment Agreement (Rc2 Corp), Employment Agreement (Rc2 Corp)

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Delivery by the Company. As soon as practicable after receipt of all items referred to in Article VII VIII of the Plan and any payment required by Article VII VIII of the Plan, the Company shall deliver to the Employee certificate(s) issued in Employee's name for the number of Option Shares purchased by exercise of the Option. If delivery is by mail, delivery of Option Shares shall be deemed effected when the stock transfer agent of the Company shall have deposited the certificates in the United States mail, addressed to the Employee.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Rc2 Corp)

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