Common use of Deposit of Options Clause in Contracts

Deposit of Options. The employee agrees that at the ------------------ option of the Company, the Options, any common Stock of the Company obtained upon their exercise and the certificate(s) evidencing the same shall be deposited with the Trustee of the Voting Trust under the Company's Voting Trust Agreement dated May 23, 2003 (the "Voting Trust) and shall be held and distributed in accordance with, and subject to the terms and conditions of this Agreement and the Voting Trust.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Film & Music Entertainment, Inc.)

Deposit of Options. The employee agrees that at the ------------------ option of the Company, the Options, any common Stock of the Company obtained upon their exercise and the certificate(s) evidencing the same shall be deposited with the Trustee of the Voting Trust under the Company's Voting Trust Agreement dated May 23, 2003 (the "Voting Trust) and shall be held and distributed in accordance with, and subject to the terms and conditions of this Agreement and the Voting Trust.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Film & Music Entertainment, Inc.)

Deposit of Options. The employee agrees that at the ------------------ option of the Company, the Options, any common Stock of the Company obtained upon their exercise and the certificate(s) evidencing the same shall be deposited with the Trustee of the Voting Trust under the Company's Voting Trust Agreement dated May 23, 2003 (the "Voting Trust") and shall be held and distributed in accordance with, and subject to the terms and conditions of this Agreement and the Voting Trust.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Film & Music Entertainment, Inc.)