Common use of Delivery of Shares Clause in Contracts

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have has been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof12 below.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein providedprovided (unless a net issuance strategy is implemented); (ii) applicable taxes required to be withheld have been paid or withheld in full; and (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 14 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Employee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 14 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have has been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof12 below.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld withheld, if any, have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCompany, the Optionee has delivered to the Board Company an Investment Letter investment letter in form and content satisfactory to the Company as provided in paragraph 13 9 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have has been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof11 below.

Delivery of Shares. No shares of Stock Shares shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares Shares thereunder, has been received by the Company; and (iv) if required by the BoardAdministrator, the Optionee has delivered to the Board Administrator an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Officer has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 14 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Employee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option Take Ownership Grant until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the OptionTake Ownership Grant, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; , (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee Employee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; and (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 15 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the CompanyBancorp; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter Letter, as defined below, in form and content satisfactory to the Company Bancorp as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option Options unless and until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the OptionOptions, or the issuance of shares thereunder, has been received by the Company; (iv) Wilsxx xxx complied with all terms and conditions of this Agreement; and (ivv) if required by the BoardCommittee, the Optionee has Wilsxx xxx delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.the

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the CompanyBank; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter Letter, as defined below, in form and content satisfactory to the Company Bank as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein providedherein; (ii) applicable taxes required to be withheld have been paid or withheld in full; and (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option Warrants until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld withheld, if any, have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the OptionWarrants, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCompany, the Optionee Pantheon has delivered to the Board Company an Investment Letter investment letter in form and content satisfactory to the Company as provided in paragraph 13 8 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the CompanyBank; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company Bank as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option Warrants until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld withheld, if any, have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the OptionWarrants, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCompany, the Optionee BVP has delivered to the Board Company an Investment Letter investment letter in form and content satisfactory to the Company as provided in paragraph 13 8 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 14 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have has been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein providedprovided (unless a net issuance strategy is implemented); (ii) applicable taxes required to be withheld have been paid or withheld in full; and (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Employee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph Section 13 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase exercise price for those shares shall have been paid in full in the manner herein provided; (ii) all applicable taxes required to be withheld have been paid or withheld in full; (iii) the approval of any governmental authority required in connection with the Option, or the issuance of shares thereunderhereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Employee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardBoard or the Committee, the Optionee Employee has delivered to the Board or the Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 Section 14 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option Warrants until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld withheld, if any, have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the OptionWarrants, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCompany, the Optionee TPL has delivered to the Board Company an Investment Letter investment letter in form and content satisfactory to the Company as provided in paragraph 13 8 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have has been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCompany, the Optionee has delivered to the Board Company an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 hereofSection 12 below.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option Warrants until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld withheld, if any, have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the OptionWarrants, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCompany, the Optionee Xxxxxxxx has delivered to the Board Company an Investment Letter investment letter in form and content satisfactory to the Company as provided in paragraph 13 8 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required regained to be withheld have been paid or withheld in full; full-, (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Contract Employee has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 12 hereof.

Delivery of Shares. No shares of Stock shall be delivered upon exercise of the Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the BoardCommittee, the Optionee Participant has delivered to the Board Committee an Investment Letter in form and content satisfactory to the Company as provided in paragraph 13 14 hereof.