Manner of Exercise Clause Example with 6 Variations from Business Contracts
This page contains Manner of Exercise 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.
Manner of Exercise. Options will be considered exercised (as to the number of Options specified in the notice referred to in Section 4(c)(i)) on the latest of (a) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) if the date so designated is not a Business Day, the first Business Day following such date or (c) the earliest Business Day by which the Company has received all of the following: (i) Written notice, in such form as the Plan Administrator may require, containing suc...h representations and warranties as the Plan Administrator may require and designating, among other things, the date of exercise and the number 3 of shares of Common Stock to be purchased by exercise of Options (each, an "Option Share"); (ii) Payment of the Base Price for each Option Share in any (or a combination) of the following forms: (A) cash, (B) check, (C) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such Base Price (and, if applicable, the Required Withholding Amount as described in Section 5) or (D) at the option of the Company, the delivery of irrevocable instructions via the Company's online grant and administration program for the Company to withhold the number of shares of Common Stock (valued at the Fair Market Value of such Common Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount as described in Section 5) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; and (iii) Any other documentation that the Plan Administrator may reasonably require.View More
Variations of a "Manner of Exercise" Clause from Business Contracts
Manner of Exercise. ASCMA Options will be considered exercised (as to the number of ASCMA Options specified in the notice referred to in Section 4(c)(i)) 4(a) below) on the latest of (a) (i) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) 4(a) below, (ii) if the date so designated is not a Business Day, the first Business Day following such date or (c) (iii) the earliest Business Day by which the Company has received all of the following: (i) (a) Written notice, in such for...m as the Plan Administrator Committee may require, containing such representations and warranties as the Plan Administrator Committee may require and designating, among other things, the date of exercise and the number 3 of shares of Common ASCMA Stock ("Option Shares") to be purchased by exercise of Options (each, an "Option Share"); (ii) purchased; (b) Payment of the Base Price for each Option Share to be purchased in any (or a combination) of the following forms: (A) cash, (B) check, (C) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such the Base Price (and, if applicable, applicable the Required Withholding Amount Amount, as described in Section 5) 5 below) or (D) at the option of the Company, the delivery of irrevocable instructions via to the Company's online grant and administration program Company for the Company to withhold the number of shares of Common ASCMA Stock (valued at the Fair Market Value of such Common ASCMA Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount as described in Section 5) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; and (iii) (c) Any other documentation that the Plan Administrator Committee may reasonably require. View More
Manner of Exercise. Options will be considered exercised (as to the number and type of Options specified in the notice referred to in Section 4(c)(i)) 4(a) below) on the latest of (a) (i) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) 4(a) below, (ii) if the date so designated is not a Business Day, the first Business Day following such date or (c) (iii) the earliest Business Day by which the Company has received all of the following: (i) (a) Written notice, in such form a...s the Plan Administrator Committee may require, containing such representations and warranties as the Plan Administrator Committee may reasonably require and designating, among other things, the date of exercise and the number 3 and type of shares of Common Stock ("Option Shares") to be purchased by exercise of Options (each, an "Option Share"); (ii) Options; (b) Payment of the Base Price for each Option Share to be purchased in any (or a combination) of the following forms: forms, as determined by the Grantee: (A) cash, (B) check, (C) whole shares of any class or series of the Company's common stock, (D) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such the Base Price (and, if applicable, applicable the Required Withholding Amount Amount, as described in Section 5) 5 below), or (D) at the option of the Company, (E) the delivery of irrevocable instructions via the Company's online grant and administration program for the Company to withhold the number of shares of Common QVCB Stock or LVNTB Stock, as applicable (valued at the Fair Market Value of such Common Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount Amount, as described in Section 5) 5 below) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; Options (it being acknowledged that the method of exercise described in this clause (E) applies to the Options granted pursuant to this Agreement and (iii) will not apply to any options granted under the Plan to the Grantee after the Grant Date unless otherwise provided in the applicable award agreement); and 3 (c) Any other documentation that the Plan Administrator Committee may reasonably require. View More
Manner of Exercise. Options will be considered exercised (as to the number and type of Options specified in the notice referred to in Section 4(c)(i)) 4(a) below) on the latest of (a) (i) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) 4(a) below, (ii) if the date so designated is not a Business Day, the first Business Day following such date or (c) (iii) the earliest Business Day by which the Company has received all of the following: (i) (a) Written notice, in such form a...s the Plan Administrator Committee may require, containing such representations and warranties as the Plan Administrator Committee may reasonably require and designating, among other things, the date of exercise and the number 3 and type of shares of Common Stock ("Option Shares") to be purchased by exercise of Options (each, an "Option Share"); (ii) Options; (b) Payment of the Base Price for each Option Share to be purchased in any (or a combination) of the following forms: forms, as determined by the Grantee: (A) cash, (B) check, (C) whole shares of any class or series of the Company's common stock, (D) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such the Base Price (and, if applicable, applicable the Required Withholding Amount Amount, as described in Section 5) 5 below), or (D) at the option of the Company, (E) the delivery of irrevocable instructions via the Company's online grant and administration program for the Company to withhold the number of shares of BATRK Common Stock or FWONK Common Stock, as applicable (valued at the Fair Market Value of such Common Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount Amount, as described in Section 5) 5 below) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; Options (it 3 being acknowledged that the method of exercise described in this clause (E) applies to the Options granted pursuant to this Agreement and (iii) will not apply to any options granted under the Plan to the Grantee after the Grant Date unless otherwise provided in the applicable award agreement); and (c) Any other documentation that the Plan Administrator Committee may reasonably require. View More
Manner of Exercise. Options will be considered exercised (as to the number of Options specified in the notice referred to in Section 4(c)(i)) 4(a) below) on the latest of (a) (i) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) 4(a) below, (ii) if the date so designated is not a Business Day, the first Business Day following such date or (c) (iii) the earliest Business Day by which the Company has received all of the following: (i) (a) Written notice, in such form as the Pla...n Administrator Committee may require, containing such representations and warranties as the Plan Administrator Committee may reasonably require and designating, among other things, the date of exercise and the number 3 of shares of Common Stock ("Option Shares") to be purchased by exercise of Options (each, an "Option Share"); (ii) Options; (b) Payment of the Base Price for each Option Share to be purchased in any (or a combination) of the following forms: forms, as determined by the Grantee: (A) cash, (B) check, (C) whole shares of any class or series of the Company's common stock, (D) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such the Base Price (and, if applicable, applicable the Required Withholding Amount Amount, as described in Section 5) 5 below), or (D) at the option of the Company, (E) the delivery of irrevocable instructions via the Company's online grant and administration program for the Company to withhold the number of shares of Common Stock (valued at the Fair Market Value of such Common Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount Amount, as described in Section 5) 5 below) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; Options (it being acknowledged that the method of exercise described in this clause (E) applies to the Options granted pursuant to this Agreement and (iii) will not apply to any options granted under the Plan to the Grantee after the Grant Date unless otherwise provided in the applicable award agreement); and 3 (c) Any other documentation that the Plan Administrator Committee may reasonably require. View More
Manner of Exercise. Options will be considered exercised (as to the number of Options specified in the notice referred to in Section 4(c)(i)) 4(a) below) on the latest of (a) (i) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) 4(a) below, (ii) if the date so designated is not a Business Day, the first Business Day following such date or (c) (iii) the earliest Business Day by which the Company has received all of the following: (i) (a) Written notice, in such form as the Pla...n Administrator Committee may require, containing such representations and warranties as the Plan Administrator Committee may reasonably require and designating, among other things, the date of exercise and the number 3 of shares of Common Stock ("Option Shares") to be purchased by exercise of Options (each, an "Option Share"); (ii) Options; 3 (b) Payment of the Base Price for each Option Share to be purchased in any (or a combination) of the following forms: forms, as determined by the Grantee: (A) cash, (B) check, (C) whole shares of any class or series of the Company's common stock, (D) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such the Base Price (and, if applicable, applicable the Required Withholding Amount Amount, as described in Section 5) 5 below), or (D) at the option of the Company, (E) the delivery of irrevocable instructions via the Company's online grant and administration program for the Company to withhold the number of shares of Common Stock (valued at the Fair Market Value of such Common Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount Amount, as described in Section 5) 5 below) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; Options (it being acknowledged that the method of exercise described in this clause (E) applies to the Options granted pursuant to this Agreement and (iii) will not apply to any options granted under the Plan to the Grantee after the Grant Date unless otherwise provided in the applicable award agreement); and (c) Any other documentation that the Plan Administrator Committee may reasonably require. View More
Manner of Exercise. Options will be considered exercised (as to the number of Options specified in the notice referred to in Section 4(c)(i)) 4(a) below) on the latest of (a) (i) the date of exercise designated in the written notice referred to in Section 4(c)(i), (b) 4(a) below, (ii) if the date so designated is not a Business Day, the first Business Day following such date or (c) (iii) the earliest Business Day by which the Company has received all of the following: (i) (a) Written notice, in such form as the Pla...n Administrator Committee may require, containing such representations and warranties as the Plan Administrator Committee may reasonably require and designating, among other things, the date of exercise and the number 3 of shares of Common Stock ("Option Shares") to be purchased by exercise of Options (each, an "Option Share"); (ii) Options; (b) Payment of the Base Price for each Option Share to be purchased in any (or a combination) of the following forms: forms, as determined by the Grantee: (A) cash, (B) check, (C) whole shares of any class or series of the Company's common stock, (D) the delivery, together with a properly executed exercise notice, of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay such the Base Price (and, if applicable, applicable the Required Withholding Amount Amount, as described in Section 5) 5 below), or (D) at the option of the Company, (E) the delivery of irrevocable instructions via the Company's online grant and administration program for the Company to withhold the number of shares of Common Stock (valued at the Fair Market Value of such Common Stock on the date of exercise) required to pay the Base Price (and, if applicable, the Required Withholding Amount Amount, as described in Section 5) 5 below) that would otherwise be delivered by the Company to the Grantee upon exercise of the Options; Options (it being acknowledged that the method of exercise described in this clause (E) applies to the Options granted pursuant to this Agreement and (iii) will not apply to any options granted under the Plan to the Grantee after the Grant Date unless otherwise provided in the applicable award agreement); and (c) Any other documentation that the Plan Administrator Committee may reasonably require. View More
