Stock to be Issued. Shares to be issued on the exercise of the Option may, at the election of the Company, be either authorized and unissued shares or shares previously issued and re-acquired by the Company.
Appears in 2 contracts
Samples: Stock Option Agreement (Maxwell Technologies Inc), Employment Agreement (Maxwell Technologies Inc)
Stock to be Issued. Shares to be issued on the exercise of the Option may, at the election of the Company, be either authorized and unissued shares or shares previously issued and re-acquired reacquired by the Company.
Appears in 2 contracts
Samples: Jmar Technologies Inc, Jmar Technologies Inc