Common use of Delivery by the Employee Clause in Contracts

Delivery by the Employee. At or prior to the Closing, the Employee shall deliver to the Company the Option Exercise Price for the Shares plus any required withholding taxes or similar taxes, charges or fees in cash or in such other manner as permitted with respect to the Option (including, if applicable, by “net issuance” as provided in Section 4(c) of the applicable Option Agreement). The Employee shall also deliver to the Company (i) an undated stock power in the form attached as Exhibit A, duly executed in blank, for the Shares, and (ii) if requested by the Company, a spousal waiver with respect to the Shares in the form attached as Exhibit B.

Appears in 3 contracts

Sources: Employee Stock Subscription Agreement (PharMEDium Healthcare Holdings, Inc.), Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.), Employee Stock Option Agreement (PharMEDium Healthcare Holdings, Inc.)