Method of Exercising Option Clause Example with 15 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. 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) 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) 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) or (b), 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

Variations of a "Method of Exercising Option" Clause from Business Contracts

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 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 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 Sections 7(d)(ii)(A) or 7(d)(ii)(C) 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) 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's General Counsel; or (b) to a third-party plan administrator as may be arranged for by the Co...mpany or the Committee from time to time for purposes of the administration of outstanding Options under the Plan, in the case of either (a) or (b), 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 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) 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) 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) 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's Chief Legal Officer or its designee; or (b) to a third-party plan administrator as may be ar...ranged 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) or (b), 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)(A), (B) and (C) of the Plan; provided, that the Participant shall obtain written consent from the Committee Company prior to the use of the method methods described in Section 7(d)(ii)(A) or (C) of the Plan. View More