Really....so you are saying the option was exercised?
1. Exercise of Option.
(a) Subject to subsection (b) of this Section 1, this Option may be exercised upon presentation and surrender of this Option Certificate, with the attached Purchase Form (Exhibit A) duly executed, at the principal office of the Company, at 3540 31st Street, Suite 1, Tulsa Oklahoma 74135, or at such other place as the Company may designate by notice to the Holder, together with the Option Price. This Option may only be exercised in whole to purchase all of the SRR Stock.
(b) This Option to purchase the SRR Stock may be exercised at any time after 5:00 o'clock p.m., EST on January 1, 2002 and prior to 5:00 o'clock p.m., EST on August 1, 2002.
2. Purchased of Shares. Upon surrender of this Option Certificate and payment of the Option Price as aforesaid, the Company shall endorse and deliver the certificate or certificates representing the SRR Stock to Global, and shall cause all members of the board of directors of SRR appointed by the Company to resign from all of their positions therefrom.
