Common use of Transfer of Option Shares Clause in Contracts

Transfer of Option Shares. As soon as practicable after the Closing, from time to time, one or more times, Sellers will deliver to the Company, with a copy to Buyer, one or more notices addressed to the Company for exercising all or part of the Options, evidence of payment to the Company of the exercise price thereof and act(s) of transfer or assignment by Sug▇▇ ▇▇ Buyer of such Option Shares issued upon exercise thereof with acknowledgement by the Company of Buyer's rights thereunder or one or more certificates representing the Option Shares, duly endorsed or accompanied by duly executed stock powers for transfer to Buyer. Upon delivery to Buyer of such notices exercising all or part of the Options, evidence of payment to the Company of the exercise price thereof and such assignment(s) to Buyer of all or part of the Option Shares, and the acknowledgement by the Company of Buyer's rights thereunder or one or more certificates representing the Option Shares, duly endorsed or accompanied by duly executed stock powers for transfer to Buyer, Buyer shall pay Sug▇▇ ▇▇ wire transfer to the account as specified by Sug▇▇ ▇▇ writing to Buyer the Purchase Price of the Option Shares so transferred to Buyer.

Transfer of Option Shares. As soon as practicable after the Closing, from time to time, one or more times, Sellers will deliver to the Company, with a copy to Buyer, one or more notices addressed to the Company for exercising all or part of the Options, evidence of payment to the Company of the exercise price thereof and act(s) of transfer or assignment by SugS▇▇▇▇ ▇▇ to Buyer of such Option Shares issued upon exercise thereof with acknowledgement by the Company of Buyer's ’s rights thereunder or one or more certificates representing the Option Shares, duly endorsed or accompanied by duly executed stock powers for transfer to Buyer. Upon delivery to Buyer of such notices exercising all or part of the Options, evidence of payment to the Company of the exercise price thereof and such assignment(s) to Buyer of all or part of the Option Shares, and the acknowledgement by the Company of Buyer's ’s rights thereunder or one or more certificates representing the Option Shares, duly endorsed or accompanied by duly executed stock powers for transfer to Buyer, Buyer shall pay SugS▇▇▇▇ ▇▇ by wire transfer to the account as specified by SugS▇▇▇▇ ▇▇ in writing to Buyer the Purchase Price of the Option Shares so transferred to Buyer.

Transfer of Option Shares. As soon as practicable after the Closing, from time to time, one or more times, Sellers will deliver to the Company, with a copy to Buyer, one or more notices addressed to the Company for exercising all or part of the Options, evidence of payment to the Company of the exercise price thereof and act(s) of transfer or assignment by Sug▇▇ ▇▇ Suggs to Buyer of such Option Shares issued upon exercise thereof with acknowledgement wi▇▇ ▇▇knowledgement by the Company of Buyer's rights thereunder or one or more certificates representing the Option Shares, duly endorsed or accompanied by duly executed stock powers for transfer to Buyer. Upon delivery to Buyer of such notices exercising all or part of the Options, evidence of payment to the Company of the exercise price thereof and such assignment(s) to Buyer of all or part of the Option Shares, and the acknowledgement by the Company of Buyer's rights thereunder or one or more certificates representing the Option Shares, duly endorsed or accompanied by duly executed stock powers for transfer to Buyer, Buyer shall pay Sug▇▇ ▇▇ Suggs by wire transfer to the account as specified by SugSuggs in writi▇▇ ▇▇ writing to Buyer the Purchase Price of the Option Shares so transferred ▇▇▇▇sferred to Buyer.