When you submit your notice of exercise, you must include payment of the Exercise Price indicated on the Schedule for the shares you are purchasing. Payment may be made in one (or a combination) of the following forms:
Cash, your personal check, a cashier’s check, a money order, or another cash equivalent acceptable to the Company.
If approved in advance by the Board or the Committee, shares of Stock which are owned by you and which are surrendered to the Company and which are not subject to any repurchase, forfeiture, unfulfilled vesting, or other similar requirements. The Fair Market Value of the shares of Stock as of the effective date of the Option exercise will be applied to the Exercise Price.
If approved in advance by the Board or the Committee, by delivery (on a form prescribed by the Company) of an irrevocable direction to a licensed securities broker acceptable to the Company to sell shares of