Method of Exercising Option Clause Example with 56 Variations from Business Contracts
This page contains Method of Exercising 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.
Method of Exercising Option. Subject to the terms and conditions of this Agreement, the Option may be exercised by written notice to the Company or its designee, in substantially the form of Exhibit A attached hereto. Such notice shall state the number of Shares with respect to which the Option is being exercised and shall be signed by the person exercising the Option. Payment of the purchase price for such Shares shall be made in accordance with Paragraph 7 of the Plan. The Company shall deliver a certificate or certificat...es representing such Shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. In the event the Option shall be exercised, pursuant to Section 4 hereof, by any person other than the Participant, such notice shall be accompanied by appropriate proof of the right of such person to exercise the Option. All Shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and nonassessable.View More
Variations of a "Method of Exercising Option" Clause from Business Contracts
Method of Exercising Option. Subject to the terms and conditions of this Agreement, the Option agreement, this option may be exercised by written notice to the Company at its principal executive office, or its designee, in substantially to such transfer agent as the form of Exhibit A attached hereto. Company shall designate. Such notice shall state the election to exercise this option and the number of Shares with respect to for which the Option it is being exercised and shall be signed by the person or persons so exercisin...g the Option. Payment this option. Such notice shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance shares (together with Paragraph 7 of any Option Tax Liability and Secondary NIC Liability), a signed Joint Election, and a signed Section 431 Election, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person persons so exercising the Option. this option. In the event the Option this option shall be exercised, pursuant to Section 4 5 hereof, by any person or persons other than the Participant, Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. 4 9. Option Not Transferable. This option is not transferable or assignable except to the Option. All Shares that shall be purchased upon the exercise Optionee's Personal Representative on death of the Option as provided herein shall be fully paid and nonassessable. Optionee. During the Optionee's lifetime only the Optionee can exercise this option. View More
Method of Exercising Option. Subject to the terms and conditions of this Agreement, agreement, the Option vested portions of this option may be exercised by written notice, in the form of the Stock Option Exercise Notice attached as Annex A to this agreement (or such other form of notice as the Company may require from time to time), to the Company at its principal executive office, or its designee, in substantially to such transfer agent as the form of Exhibit A attached hereto. Company shall designate. Such notice shall s...tate the election to exercise this option and the number of Shares with respect to for which the Option it is being exercised and shall be signed by the person or persons so exercising the Option. Payment this option. Such notice shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance with Paragraph 7 of shares, and the Plan. The Company shall record the shares in electronic form on its stock transfer books or those of its transfer agent, or deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising this option. In the Option (or, if the Option event this option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. In the event the Option shall be exercised, pursuant to Section 4 hereof, 5 by any person or persons other than the Participant, Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. 2 8. Option Not Transferable. This option is not transferable or assignable except by will or by the Option. All Shares that shall be purchased upon laws of descent and distribution. During the Optionee's lifetime only the Optionee can exercise of the Option as provided herein shall be fully paid and nonassessable. this option. View More
Method of Exercising Option. Subject to the terms and conditions of this Agreement, the this Stock Option may be exercised by written notice to the Company or at its designee, in substantially the form of Exhibit A attached hereto. principal executive office. Such notice shall state the election to exercise this Stock Option and the number of Option Shares with respect to for which the Option it is being exercised and shall be signed by the person or persons so exercising the this Stock Option. Payment Such notice shall be ...accompanied by payment of the full purchase price for of such Shares shall be made shares, in accordance with Paragraph 7 of cash or check, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person or persons so exercising the this Stock Option (or, (or if the this Stock Option shall be exercised by the Participant Employee and if the Participant Employee shall so request in the notice exercising the this Stock Option, shall be registered in the name of the Participant Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. survivorship). In the event the Option this option shall be exercised, pursuant to Section 4 5 hereof, by any person or persons other than the Participant, Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise the this Stock Option. All Shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and nonassessable.View More
Method of Exercising Option. Subject to the terms and conditions of this Agreement, the Option this option may be exercised (i) by written notice to the Company at its principal executive office, (ii) by written notice to such transfer agent as the Company shall designate or its designee, (iii) by notification of the Third Party Commercial Provider in substantially accordance with the form procedures approved by the Company and of Exhibit A attached hereto. which the Employee shall have ongoing access by means of accessing ...the Employee's account maintained with the Third Party Commercial Provider. Such notice shall state the election to exercise this option and the number of Option Shares with respect to for which the Option it is being exercised and shall be signed (either in writing or by electronic transmission) by the person or persons so exercising the Option. Payment this option. Such notice shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance with Paragraph 7 of shares, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant person or persons so exercising this option (or, if this option shall be exercised by the Employee and if the Employee shall so request in the notice exercising this option, such certificate or certificates shall be registered in the name of the Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. survivorship). In the event the Option this option shall be exercised, pursuant to Section 4 5 hereof, by any person or persons other than the Participant, Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise the Option. All Shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and nonassessable. this option. View More
Method of Exercising Option. Subject to the terms and conditions of this the Option Agreement, the Option may be exercised by written notice to the Company or Company, care of its designee, in substantially the form of Exhibit A attached hereto. Chief Financial Officer, One Valmont Plaza, Omaha, Nebraska 68154. Such notice shall state the election to execute the Option and the number of Shares with shares in respect to of which the Option it is being exercised exercised, and shall be signed by the person or persons so exerc...ising the Option. Payment Such notice shall either: (a) be accompanied by payment of the full purchase price for of such Shares shall be made shares, in accordance with Paragraph 7 of which event the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that received; or (b) fix a date (not less than five (5) nor more than ten (10) business days from the date such notice shall be received by the Chief Financial Officer) for the payment of the full purchase price of such shares at the Company's Transfer Agent Offices, against delivery of a certificate or certificates representing such shares. Payment of such purchase price shall, in either case, be made by check payable to the order of the Company may delay issuance or, if applicable pursuant to Paragraph 2 hereof, the transfer of such Shares until completion or withholding of any action or obtaining the appropriate shares of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). stock. The certificate or certificates for the Shares shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person or persons so exercising the Option (or, if the Option shall be exercised by the Participant Employee and if the Participant Employee shall so request in the notice exercising the Option, shall be registered in the name of the Participant Employee and another person jointly, with right of survivorship) survivorship or in the name of the Employee's spouse) and shall be delivered as provided above to or upon the written order of the person or persons exercising the Option. In the event the Option shall be exercised, pursuant to Section 4 hereof, by any person other than the Participant, such notice shall be accompanied by appropriate proof of the right of such person to exercise the Option. All Shares shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and nonassessable. non-assessable. As a condition of the issuance of shares hereunder, the Employee agrees to remit to the Company at the time of any exercise of this Option any taxes required to be withheld by the Company under federal, state or local law as a result of exercise. The Employee may remit such amount in cash, or by an appropriate reduction of the number of shares to be delivered to the Employee upon exercise, or by the Employee delivering sufficient shares of common stock of the Employer valued at its fair market value (if such common stock has been owned by the Employee for at least six months). View More
Method of Exercising Option. (a) Exercise. Subject to the terms and conditions of this Agreement, the Option agreement, this option may be exercised by written notice notice, in the form of the Stock Option Exercise Notice attached as Annex A, to the Company at its principal executive office, or its designee, in substantially to such transfer agent as the form of Exhibit A attached hereto. Company shall designate. Such notice shall state the election to exercise this option and the number of Shares with respect to for which...the Option it is being exercised and shall be signed by the person or persons so exercising the Option. Payment this option. Such notice shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance with Paragraph 7 of shares, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. survivorship). In the event the Option this option shall be exercised, pursuant to Section 4 hereof, by any person or persons other than the Participant, Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise the Option. All Shares that this option. 5 (b) Listing, Qualification, etc. This option shall be purchased upon subject to the exercise requirement that if, at any time, counsel to the Company shall determine that the listing, registration or qualification of the Option shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, or that the disclosure of non-public information or the satisfaction of any other condition is necessary as provided a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or part, unless such listing, registration, qualification, consent or approval, disclosure or satisfaction of such other condition shall have been effected or obtained on terms acceptable to the Board. Nothing herein shall be fully paid and nonassessable. deemed to require the Company to apply for, effect or obtain such listing, registration, qualification or disclosure, or to satisfy such other condition. View More
Method of Exercising Option. (a) Exercise. Subject to the terms and conditions of this Agreement, the Option agreement, this option may be exercised by written notice notice, in the form of the Stock Option Exercise Notice attached as Annex A, to the Company at its principal executive office, or its designee, in substantially to such transfer agent as the form of Exhibit A attached hereto. Company shall designate. Such notice shall state the election to exercise this option and the number of Shares with respect to for which...the Option it is being exercised and shall be signed by the person or persons so exercising the Option. Payment this option. Such notice shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance with Paragraph 7 of shares, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. survivorship). In the event the Option this option shall be exercised, pursuant to Section 4 hereof, by any person or persons other than the Participant, Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise the Option. All Shares that this option. (b) Listing, Qualification, etc. This option shall be purchased upon subject to the exercise requirement that if, at any time, counsel to the Company shall determine that the listing, registration or qualification of the Option shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, or that the disclosure of non-public information or the satisfaction of any other condition is necessary as provided a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or part, unless such listing, registration, qualification, consent or approval, disclosure or satisfaction of such other condition shall have been effected or obtained on terms acceptable to the Board. Nothing herein shall be fully paid and nonassessable. deemed to require the Company to apply for, effect or obtain such listing, registration, qualification or disclosure, or to satisfy such other condition. View More
Method of Exercising Option. Subject to the terms and conditions of this Agreement, the Option agreement, this option may be exercised by written notice to the Company at its principal executive office, or its designee, in substantially to such transfer agent as the form of Exhibit A attached hereto. Company shall designate. Such notice shall state the election to exercise this option and the number of Shares with respect to for which the Option it is being exercised and shall be signed by the person or persons so exercisin...g this option. Additionally, the Option. Payment Optionee shall execute and deliver to the Company, prior to and as a condition of the first exercise of this option by Optionee, an Instrument of Accession, attached hereto as Exhibit A, to that certain Stockholders Agreement, dated as of April 29, 2005, by and among the Company and the parties listed on Schedule I thereto (the "Stockholders Agreement"). Such written notice and, when applicable, such executed Instrument of Accession shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance with Paragraph 7 of shares, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. survivorship). In the event the Option this option shall be exercised, pursuant to Section 4 5 hereof, by any person or persons other than the Participant, Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise the Option. All Shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and nonassessable. this option. View More
Method of Exercising Option. Subject to the terms and conditions of this Agreement, the Option agreement, this option may be exercised by written notice notice, in the form of the Stock Option Exercise Notice attached as Annex A, to the Company at its principal executive office, or its designee, in substantially to such transfer agent as the form of Exhibit A attached hereto. Company shall designate. Such notice shall state the election to exercise this option and the number of Shares with respect to for which the Option it... is being exercised and shall be signed by the person or persons so exercising the Option. Payment this option. Such notice shall be accompanied by payment of the full purchase price for of such Shares shall be made in accordance with Paragraph 7 of shares, and the Plan. The Company shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that the Company may delay issuance of such Shares until completion of any action or obtaining of any consent, which the Company deems necessary under any applicable law (including, without limitation, state securities or "blue sky" laws). The received. Such certificate or certificates for the Shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person so exercising the Option (or, if the Option shall be exercised by the Participant and if the Participant shall so request in the notice exercising the Option, shall be registered in the name of the Participant person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person exercising the Option. survivorship). In the event the Option this option shall be exercised, pursuant to Section 4 5 hereof, by any person or persons other than the Participant, Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. 6 11. Option Not Transferable. This option is not transferable or assignable except by will or by the Option. All Shares that shall be purchased upon laws of descent and distribution. During the Optionee's lifetime only the Optionee can exercise of the Option as provided herein shall be fully paid and nonassessable. this option. View More
Method of Exercising Option. Subject to the terms and conditions of this the Option Agreement, the Option may be exercised by written notice to the Company or Corporation, care of its designee, in substantially the form of Exhibit A attached hereto. Chief Financial Officer, One Valmont Plaza, Omaha, Nebraska 68154. Such notice shall state the election to execute the Option and the number of Shares with shares in respect to of which the Option it is being exercised exercised, and shall be signed by the person or persons so e...xercising the Option. Payment Such notice shall either: (a) be accompanied by payment of the full purchase price for of such Shares shall be made shares, in accordance with Paragraph 7 of which event the Plan. The Company Corporation shall deliver a certificate or certificates representing such Shares shares as soon as practicable after the notice shall be received, provided, however, that received; or (b) fix a date (not less than five (5) nor more than ten (10) business days from the Company may delay issuance date such notice shall be received by the Chief Financial Officer) for the payment of the full purchase price of such Shares until completion shares at the Corporation's Transfer Agent Offices, against delivery of any action a certificate or obtaining certificates representing such shares. Payment of any consent, which such purchase price shall, in either case, be made by check payable to the Company deems necessary under any order of the Corporation or, if applicable law (including, without limitation, state securities or "blue sky" laws). pursuant to Paragraph 2 hereof, the transfer of the appropriate shares of stock. The certificate or certificates for the Shares shares as to which the Option shall have been so exercised shall be registered in the Company's share register in the name of the person or persons so exercising the Option (or, if the Option shall be exercised by the Participant Director and if the Participant Director shall so request in the notice exercising the Option, shall be registered in the name of the Participant Director and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising the Option. In the event the Option shall be exercised, pursuant to Section 4 hereof, by any person other than the Participant, such notice shall be accompanied by appropriate proof of the right of such person to exercise the Option. All Shares shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and nonassessable. non-assessable. View More
