Method of Exercising Option Clause Example with 15 Variations from Business Contracts

Method of Exercising Option. The Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Secretary; General Counsel; or (b) (y) to a third-party plan administrator as may be arranged for by the Comp...any or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to (a) the use of the method described in Section 7(d)(ii)(A) or, (b) to the extent that the "net exercise" procedure described in Section 7(d)(ii)(C) of the Plan. Plan is used, prior to having such net exercise apply to applicable withholding taxes.5. Issuance of Shares. Following the exercise of an Option hereunder, as promptly as practical after receipt of such notification and full payment of such Exercise Price and any required income or other tax withholding amount (as provided in Section 9 hereof), the Company shall issue or transfer, or cause such issue or transfer, to the Participant the number of shares with respect to which the Options have been so exercised, and shall either (a) deliver, or cause to be delivered, to the Participant a certificate or certificates therefor, registered in the Participant's name or (b) cause such shares to be credited to the Participant's account at the third-party plan administrator. View More

Method of Exercising Option. The Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Secretary; Chief Human Resources Officer or (b) another officer designated by the Company; or (y) to a third-...party plan administrator as may be arranged for by the Company or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method described in Section 7(d)(ii)(A) of the Plan. 1 5. Issuance of Shares. Following the exercise of an Option hereunder, as promptly as practical after receipt of such notification and full payment of such Exercise Price and any required income or other tax withholding amount (as provided in Section 9 hereof), the Company shall issue or transfer, or cause such issue or transfer, to the Participant the number of shares with respect to which the Options have been so exercised, and shall either (a) deliver, or cause to be delivered, to the Participant a certificate or certificates therefor, registered in the Participant's name or (b) cause such shares to be credited to the Participant's account at the third-party plan administrator. View More

Method of Exercising Option. The Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Secretary; or (b) (y) to a third-party plan administrator as may be arranged for by the Company or the Commit...tee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) (ii)(B) of the Plan; provided, that the Participant shall obtain written consent from the Committee Company prior to the use of the method described in Section 7(d)(ii)(A) or (C) of the Plan. 6 5. Issuance of Shares Upon Exercise of Options. Following the exercise of an Option hereunder, as promptly as practical after receipt of such notification and full payment of such Exercise Price and any required income or other tax withholding amount (as provided in Section 9 hereof), the Company shall issue or transfer, or cause such issue or transfer, to the Participant the number of shares with respect to which the Options have been so exercised, and shall either (a) deliver, or cause to be delivered, to the Participant a certificate or certificates therefor, registered in the Participant's name or (b) cause such shares to be credited to the Participant's account at the third-party plan administrator. View More

Method of Exercising Option. The Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Corporate Secretary; or (b) (y) to a third-party plan administrator as may be arranged for by the Company or ...the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method described in Section 7(d)(ii)(A) of the Plan. 3 5. Issuance of Shares. Following the exercise of an Option hereunder, as promptly as practical after receipt of such notification and full payment of such Exercise Price and any required income or other tax withholding amount (as provided in Section 9 hereof), the Company shall issue or transfer, or cause such issue or transfer, to the Participant the number of shares with respect to which the Options have been so exercised, and shall either (a) deliver, or cause to be delivered, to the Participant a certificate or certificates therefor, registered in the Participant's name or (b) cause such shares to be credited to the Participant's account at the third-party plan administrator. View More

Method of Exercising Option. The Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Secretary; General Counsel; or (b) (y) to a third-party plan administrator as may be arranged for by the Comp...any or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to (a) the use of the method described in Section 7(d)(ii)(A) or, (b) to the extent that the "net exercise" procedure described in Section 7(d)(ii)(C) of the Plan. Plan is used, prior to having such net exercise apply to applicable withholding taxes. View More

Method of Exercising Option. The Options All or any portion of the Vested Portion of the Option may be exercised by the delivery of notice of the number of Options shares subject to the Option that are being 4 exercised accompanied by payment in full of the Exercise Price applicable to the Options portion of the Option so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company S...ecretary; Company's General Counsel; or (b) (y) to a third-party plan administrator as may be arranged for by the Company or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method described in Section 7(d)(ii)(A) of the Plan. View More

Method of Exercising Option. The Options All or any portion of the Vested Portion of the Option may be exercised by the delivery of notice of the number of Options shares subject to the Option that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options portion of the Option so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Sec...retary; Company's General Counsel; or (b) (y) to a third-party plan administrator as may be arranged for by the Company or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method methods described in Section 7(d)(ii)(A) or (C) of the Plan. View More

Method of Exercising Option. The Options may not be exercised until such Options become vested. The vested Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Corporate Secretary; or (b) (y) to ...a third-party plan administrator as may be arranged for by the Company or the Committee from time to time for purposes of the 5 administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method described in Section 7(d)(ii)(A) of the Plan. View More

Method of Exercising Option. The Options may not be exercised until such Options become vested. The vested Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Corporate Secretary; or (b) (y) to ...a third-party plan administrator as may be arranged for by the Company or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as 4 communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method described in Section 7(d)(ii)(A) of the Plan. View More

Method of Exercising Option. The Options may be exercised by the delivery of notice of the number of Options that are being exercised accompanied by payment in full of the Exercise Price applicable to the Options so exercised. Such notice shall be delivered either (a) (x) in writing to the Company at its principal office or at such other address as may be established by the Committee, to the attention of the Company Secretary; [Company Secretary]; or (b) (y) to a third-party plan administrator as may be arranged for by the ...Company or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) (x) or (b), (y), as communicated to the Participant by the Company from time to time. Payment of the aggregate Exercise Price may be made using any of the methods described in Section 7(d)(i) or (ii) of the Plan; provided, that the Participant shall obtain written consent from the Committee prior to the use of the method described in Section 7(d)(ii)(A) of the Plan. View More