Exercise of Option Clause Example with 204 Variations from Business Contracts
This page contains Exercise of Option clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Exercise of Option. (a) Right to Exercise. This Option shall be exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Option Agreement. (b) Method of Exercise. This Option shall be exercisable by delivery of an exercise notice in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, which shall state the election to exer...cise the Option, the number of Shares with respect to which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment of the aggregate Exercise Price, together with any applicable tax withholding. No Shares shall be issued pursuant to the exercise of an Option unless such issuance and such exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to Participant on the date on which the Option is exercised with respect to such Shares.View More
Variations of a "Exercise of Option" Clause from Business Contracts
Exercise of Option. (a) Right to Exercise. This Option shall may be exercisable exercised only within the term set out in the Notice of Grant, and may be exercised during its such term only in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and the terms of this Option Agreement. (b) Method of Exercise. This Option shall be is exercisable by delivery of an exercise notice (the "Exercise Notice") in the form attached as Exhibit A (the "E...xercise Notice") B to the Notice of Grant or in a manner and pursuant to such procedures as the Administrator may determine, which shall will state the election to exercise the Option, the number of Shares with in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice will be completed by Participant and delivered to the Company. The Exercise Notice shall will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with Shares and of any applicable tax withholding. Tax Obligations (as defined in Section 6(a)). This Option shall will be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment of the aggregate Exercise Price, together with any applicable tax withholding. No Shares shall be issued pursuant to the exercise of an Option unless such issuance and such exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to Participant on the date on which the Option is exercised with respect to such Shares. Tax Obligations. View More
Exercise of Option. (a) Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out forth in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Agreement. In the event of Participant's death, Disability, Termination for Cause or involuntary Termination without Cause, the exercisability of the Option is governed by the applicable provisions of the Plan, the Notice of Stock Option Grant and this Agreement. (b) Method of E...xercise. This Option shall be is exercisable by delivery of an exercise notice in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, Notice"), which shall state the election to exercise the Option, the number of Shares with shares of Common Stock (the "Shares") in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice shall be delivered in person, by mail, via electronic mail or facsimile or by other authorized method to the Secretary of the Company or other person designated by the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment of the such aggregate Exercise Price, together with any applicable tax withholding. Price. (c) Compliance. No Shares shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply complies with Applicable Laws. all relevant provisions of law and the requirements of any stock exchange or quotation service upon which the Shares are then listed. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Participant on the date on which the Option is exercised with respect to such Exercised Shares. View More
Exercise of Option. (a) Right to Exercise. This Option shall be exercisable during its term in accordance with the Vesting Schedule provisions of Section 10 of the Plan as follows: (a) Right to Exercise. This Option shall be exercisable cumulatively according to the vesting schedule set out forth in the Notice of Stock Grant. This Option Grant and with the applicable provisions may not be exercised for a fraction of the Plan and this Option Agreement. a Share. (b) Method of Exercise. This Option shall be exercisabl...e by delivery of an exercise notice in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as provided by the Administrator may determine, Company, which shall state the election to exercise the Option, the number of Shares with respect to which the Option is being exercised (the "Exercised Shares"), exercised, and such other representations and agreements as may be required by the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment of the aggregate Exercise Price, together with any applicable tax withholding. Price. No Shares shall be issued pursuant to the exercise of an Option unless such issuance and such exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to Participant the Optionee on the date on which the Option is exercised with respect to such Shares. 2 3. Optionee's Representations. In the event the Shares have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), at the time this Option is exercised, the Optionee shall, if required by the Company, concurrently with the exercise of all or any portion of this Option, deliver to the Company his or her Investment Representation Statement in the form provided by the Company. View More
Exercise of Option. (a) Right (a)Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Option Agreement. (b) Method Section 1. (b)Method of Exercise. This Option shall be is exercisable by delivery of an exercise notice notice, in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may deter...mine, Notice"), which shall state the election to exercise the Option, the number of Shares with shares of Common Stock in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company. The Exercise Notice shall be completed by you and delivered to the Corporate Secretary. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price exercise price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment such aggregate exercise price. No shares of the aggregate Exercise Price, together with any applicable tax withholding. No Shares Common Stock shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply with Applicable Laws. applicable laws. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to Participant you on the date on which the Option is exercised with respect to such Exercised Shares. View More
Exercise of Option. (a) Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out forth in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Agreement. In the event of Participant's death, Disability, Termination for Cause or other Termination, the exercisability of the Option is governed by the applicable provisions of the Plan, the Notice and this Agreement. (b) Method of Exercise. This Option shall be is exercisab...le by delivery of an exercise notice in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, Notice"), which shall state the election to exercise the Option, the number of Shares with in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice shall be delivered in person, by mail, via electronic mail or facsimile or by other authorized method to the Secretary of the Company or other person designated by the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment of the such aggregate Exercise Price, together with any applicable tax withholding. Price. (c) No Shares shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply complies with Applicable Laws. all relevant provisions of securities law and the requirements of any stock exchange or quotation service upon which the Shares are then listed. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Participant on the date on which the Option is exercised with respect to such Exercised Shares. View More
Exercise of Option. (a) Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Option Agreement. Section 1. (b) Method of Exercise. This Option shall be is exercisable by delivery of an exercise notice notice, in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, Notice"), whi...ch shall state the election to exercise the Option, the number of Shares with shares of Common Stock in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company. Company pursuant to the provisions of the Plan. The Exercise Notice shall be completed by you and delivered to the Corporate Secretary. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price exercise price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment such aggregate exercise price. 1 No shares of the aggregate Exercise Price, together with any applicable tax withholding. No Shares Common Stock shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply with Applicable Laws. applicable laws. Assuming such compliance, for income tax purposes the exercised Shares shall be considered transferred to Participant you on the date on which the Option is exercised with respect to such Exercised Shares. View More
Exercise of Option. (a) Right to Exercise. This Option shall be exercisable during its term in accordance with (i) the Vesting Schedule set out in the Notice of Stock Option Grant in Part I of this Agreement and with (ii) the applicable provisions of the Plan and this Agreement. This Option Agreement. may not be exercised for a fraction of a Share. (b) Method of Exercise. This Option shall be exercisable by delivery of an option exercise notice in the form attached hereto as Exhibit A B (the "Exercise "Option Exerc...ise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, which shall state the election to exercise the this Option, the whole number of Shares with respect to which the this Option is being exercised (the "Exercised Shares"), exercised, and such other representations and agreements as may be required by the Company. If someone other than Participant exercises this Option, as permitted by the Plan, then such Person must submit documentation reasonably acceptable to the Company verifying that such Person has the legal right to exercise this Option. The Option Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised exercised Shares, together with any applicable tax withholding. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Option Exercise Notice accompanied by payment of the aggregate Exercise Price, together with any applicable tax withholding. No Shares shall be issued pursuant to the exercise of an Option unless such issuance and such exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to Participant on the date on which the Option is exercised with respect to such Shares.View More
Exercise of Option. (a) Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Option Agreement. Section 1. (b) Method of Exercise. This Option shall be is exercisable by delivery of an exercise notice notice, in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, Notice"), whi...ch shall state the election to exercise the Option, the number of Shares with shares of Common Stock in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company. Company pursuant to the provisions of the Plan. The Exercise Notice shall be completed by you and delivered to the Corporate Secretary. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price exercise price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment such aggregate exercise price. No shares of the aggregate Exercise Price, together with any applicable tax withholding. No Shares Common Stock shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply with Applicable Laws. applicable laws. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to Participant you on the date on which the Option is exercised with respect to such Exercised Shares. View More
Exercise of Option. (a) Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out forth in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Agreement. In the event of Participant's death, Disability, Termination for Cause or other Termination, the exercisability of the Option is governed by the applicable provisions of the Plan, the Notice of Stock Option Grant and this Agreement. (b) Method of Exercise. This Option...shall be is exercisable by delivery of an exercise notice in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, Notice"), which shall state the election to exercise the Option, the number of Shares with in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice shall be delivered in person, by mail, via electronic mail or facsimile or by other authorized method to the Secretary of the Company or other person designated by the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment of the such aggregate Exercise Price, together with any applicable tax withholding. Price. (c) No Shares shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply complies with Applicable Laws. all relevant provisions of law and the requirements of any stock exchange or quotation service upon which the Shares are then listed. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Participant on the date on which the Option is exercised with respect to such Exercised Shares. View More
Exercise of Option. (a) Right to Exercise. This Option shall be is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option Grant and with the applicable provisions of the Plan and this Option Agreement. Section 1. (b) Method of Exercise. This Option shall be is exercisable by delivery of an exercise notice notice, in the form attached as Exhibit A (the "Exercise Notice") or in a manner and pursuant to such procedures as the Administrator may determine, Notice"), whi...ch shall state the election to exercise the Option, the number of Shares with shares of Common Stock in respect to of which the Option is being exercised (the "Exercised Shares"), and such other representations and agreements as may be required by the Company. Company pursuant to the provisions of the Plan. The Exercise Notice shall be completed by you and delivered to the Corporate Secretary. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price exercise price as to all Exercised Shares, together with any applicable tax withholding. Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by payment such aggregate exercise price. No shares of the aggregate Exercise Price, together with any applicable tax withholding. No Shares Common Stock shall be issued pursuant to the exercise of an this Option unless such issuance and such exercise comply with Applicable Laws. applicable laws. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to Participant you on the date on which the Option is exercised with respect to such Exercised Shares. View More
