Exercise of Option Clause Example with 4 Variations from Business Contracts

Exercise of Option. (a) Right to Exercise. This Option may be exercised only before its Expiration Date and only under the Plan and this Agreement. (b) Method of Exercise. To exercise this Option, the Participant must deliver and the Administrator must receive an exercise notice according to procedures determined by the Administrator. The exercise notice must: must (i) state the number of Shares as to which this Option is being exercised ("Exercised Shares"), (ii) make any representations or agreements required by ...the Company, (iii) be accompanied by a payment of the total exercise price for all Exercised Shares, and (iv) be accompanied by a payment of all required Tax-Related Items (defined in Section 8(a) of this Agreement) Tax Withholdings for all Exercised Shares. The This Option is exercised when both the exercise notice and payments due under Sections 6(b)(iii) and 6(b)(iv) have been received by the Company for all Exercised Shares. The Administrator may designate a particular exercise notice to be used, but until a designation is made, the exercise notice attached to this Agreement as Exhibit C may be used. View More

Exercise of Option. (a) Right (a)Right to Exercise. This Option may be exercised only before its Expiration Date and only under the Plan and this Agreement. (b) Method (b)Method of Exercise. To exercise this Option, the Participant must deliver and the Administrator must receive an exercise notice according to procedures determined by the Administrator. The exercise notice must: (i) state (i)State the number of Shares as to which this the Option is being exercised ("Exercised Shares"), (ii) make Shares"),33Exhibit ...10.1 (ii)Make any representations or agreements required by the Company, (iii) be (iii)Be accompanied by a payment of the total exercise price Exercise Price for all Exercised Shares, and (iv) be (iv)Be accompanied by a payment of all required Tax-Related Items (defined in Section 8(a) of this Agreement) 8(a)) for all Exercised Shares. The Option is exercised when (v)On the date that both the exercise notice Exercise Notice and payments due under Sections 6(b)(iii) and 6(b)(iv) have been are received by the Company for all Exercised Shares. Shares, the Option will be deemed exercised. The Administrator may designate a particular exercise notice to be used, but until a designation is made, made the exercise notice attached to this Agreement as Exhibit C may be used. View More

Exercise of Option. (a) 7.1 Right to Exercise. This Option may be exercised only before its Expiration Date and only under the Plan and this Agreement. (b) 7.2 Method of Exercise. To exercise this Option, the Participant must deliver and the Administrator must receive an exercise notice according to procedures determined by the Administrator. The exercise notice must: (i) (a) state the number of Shares as to which this Option is being exercised ("Exercised Shares"), (ii) (b) make any representations or agreements r...equired by the Company, (iii) (c) be accompanied by a payment of the total exercise price for all Exercised Shares, and (iv) (d) be accompanied by a payment of all required Tax-Related Items (defined in Section 8(a) of this Agreement) Tax Withholdings for all Exercised Shares. The This Option is exercised when both the exercise notice and payments due under Sections 6(b)(iii) and 6(b)(iv) have been received by the Company for all Exercised Shares. The Administrator may designate a particular exercise notice to be used, but until a designation is made, the exercise notice attached to this Agreement as Exhibit C may be used. View More

Exercise of Option. (a) Right to Exercise. This Option may be exercised only before its Expiration Date and only under the Plan and this Agreement. (b) Method of Exercise. To exercise this Option, the Participant must deliver and the Administrator must receive an exercise notice according to procedures determined by the Administrator. The exercise notice must: (i) state the number of Shares as to which this Option is being exercised ("Exercised Shares"), (ii) make any representations or agreements required by the C...ompany, (iii) be accompanied by a payment of the total exercise price for all Exercised Shares, and (iv) be accompanied by a payment of all required Tax-Related Items (defined in Section 8(a) 7(a) of this Agreement) for all Exercised Shares. The Option is exercised when both the exercise notice and payments due under Sections 6(b)(iii) 5(b)(iii) and 6(b)(iv) 5(b)(iv) have been received by the Company for all Exercised Shares. The Administrator may designate a particular exercise notice to be used, but until a designation is made, the exercise notice attached to this Agreement as Exhibit C B may be used. View More