Method of Payment Clause Example with 7 Variations from Business Contracts

This page contains Method of Payment 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 Payment. If the Grantee elects to exercise the Option by submitting an Exercise Notice in accordance with Section 2(b) above, the aggregate Option Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; provided, however, that the Committee may, but is not required to, consent to payment in any of the following forms, or a combination of them: (a) cash or check; (b) a "net exercise" under which the Company reduces the number of Shares issued upon exercise by the large...st whole number of Shares with a Fair Market Value that does not exceed the aggregate Option Price and any applicable withholding, or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; (c) surrender of other Shares owned by the Grantee that have a Fair Market Value on the date of surrender equal to the aggregate Option Price of the exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) any other consideration that the Committee deems appropriate and in compliance with applicable law. View More
Found in ACM Research, Inc. contract

Variations of a "Method of Payment" Clause from Business Contracts

Method of Payment. If the Grantee Optionee elects to exercise the Option by submitting an Exercise Notice in accordance with under Section 2(b) above, of this Agreement, the aggregate Option Purchase Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; provided, however, that the Committee may, but is not required to, consent Board may consent, in its discretion, to payment in any of the following forms, or a combination of them: (a) cash or check; (b) a "net exercise" under... which the Company reduces the number of Shares issued upon exercise by the largest whole number of Shares with a Fair Market Value that does not exceed the aggregate Option Price and any applicable withholding, or such other consideration received by the Company under a formal cashless exercise program approved adopted by the Company in connection with the Plan; (c) surrender of other Shares which (i) have been owned by the Grantee that Optionee for more than six (6) months on the date of surrender, and (ii) have a Fair Market Value on the date of surrender equal to the aggregate Option Purchase Price of the exercised Shares and any applicable withholding; Exercised Shares; or Terms and Conditions - Page 1 (d) any other consideration that the Committee Board deems appropriate and in compliance with applicable law. View More
Found in 2 Contracts from LIPELLA PHARMACEUTICALS INC
Method of Payment. If the Grantee Optionee elects to exercise the Option by submitting an Exercise Notice in accordance with under Section 2(b) above, of this Agreement, the aggregate Option Exercise Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; provided, however, that the Committee may, but is not required to, consent may consent, in its discretion, to payment in any of the following forms, or a combination of them: (a) cash or check; (b) a "net exercise" under which... (as described in the Company reduces the number of Shares issued upon exercise by the largest whole number of Shares with a Fair Market Value that does not exceed the aggregate Option Price and any applicable withholding, Plan) or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; 17 (c) surrender of other Shares owned by the Grantee that Optionee which have a Fair Market Value on the date of surrender equal to the aggregate Option Exercise Price of the exercised Exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) any other consideration that the Committee deems appropriate and in compliance with applicable law. View More
Found in Starlight Supply Chain Management Co contract
Method of Payment. If the Grantee Participant elects to exercise the Option by submitting an Exercise Notice in accordance with under Section 2(b) above, of this Agreement, the aggregate Option Exercise Price (as well as any applicable withholding or other taxes) shall be paid by cash or certified check; provided, however, that the Committee may, but is not required to, consent Board may consent, in its discretion, to payment in any of the following forms, or a combination of them: (a) cash or certified check; (b)... a "net exercise" under which the Company reduces the number of Shares shares of Common Stock issued upon exercise by the largest whole number of Shares shares with a Fair Market Value that does not exceed the aggregate Option Exercise Price and any applicable withholding, or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; (c) surrender of other Shares shares of Common Stock owned by the Grantee that Participant which have a Fair Market Value on the date of surrender equal to the aggregate Option Exercise Price of the exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) any other consideration that the Committee Board deems appropriate and in compliance with applicable law. View More
Found in Evofem Biosciences, Inc. contract
Method of Payment. If the Grantee elects to exercise the Option by submitting an Exercise Notice in accordance with Section 2(b) above, the aggregate Option Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; in one of the following forms, subject to the Company's policies and procedures; provided, however, that the Committee may, but is not required to, consent to payment in any of the following forms, or a combination of them: (a) delivery of cash in a manner that is acce...ptable to the Company; (b) delivery (on a form prescribed by the Company) of an irrevocable direction to a licensed securities broker acceptable to the Company to sell shares of Stock and to deliver all or check; (b) part of the sale proceeds to the Company in payment of the aggregate Option Price and any applicable withholding; (c) a "net exercise" under which the Company reduces the number of Shares issued upon exercise by the largest whole number of Shares with a Fair Market Value that does not exceed the aggregate Option Price and any applicable withholding, or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; (c) (d) surrender of other Shares owned by the Grantee that have a Fair Market Value on the date of surrender equal to the aggregate Option Price of the exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) (e) any other consideration that the Committee deems appropriate and in compliance with applicable law. The issuance of the shares of Stock upon exercise of this Option shall be evidenced in such a manner as the Company, in its discretion, deems appropriate, including, without limitation, book-entry or direct registration or the issuance of one or more Stock certificates. View More
Found in Anika Therapeutics contract
Method of Payment. If the Grantee elects to exercise the Option by submitting an Exercise Notice in accordance with under Section 2(b) above, of this Agreement, the aggregate Option Exercise Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; provided, however, that the Committee may, but is not required to, consent Board may consent, in its discretion, to payment in any of the following forms, or a combination of them: 3 (a) cash or check; (b) a "net exercise" under which ...the Company reduces the number of Shares shares of Common Stock issued upon exercise by the largest whole number of Shares shares with a Fair Market Value that does not exceed the aggregate Option Exercise Price and any applicable withholding, or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; (c) surrender of other Shares shares of Common Stock owned by the Grantee that which have a Fair Market Value on the date of surrender equal to the aggregate Option Exercise Price of the exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) any other consideration that the Committee Board deems appropriate and in compliance with applicable law. View More
Found in 2 Contracts from ENDRA Life Sciences Inc.
Method of Payment. If the Grantee Optionee elects to exercise the Option by submitting an Exercise Notice in accordance with under Section 2(b) above, of this Agreement, the aggregate Option Exercise Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; provided, however, that the Committee may, but is not required to, consent to may accept, in its discretion, payment in any of the following forms, or a combination of them: (a) cash or check; (b) a "net exercise" under which ...the Company reduces the number of Shares shares of Common Stock issued upon exercise by the largest whole number of Shares shares with a Fair Market Value that does not exceed the aggregate Option Exercise Price and any applicable withholding, or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; 1 (c) surrender of other Shares shares of Common Stock owned by the Grantee that Optionee which have a Fair Market Value on the date of surrender equal to the aggregate Option Exercise Price of the exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) any other consideration that the Committee deems appropriate and in compliance with applicable law. View More
Found in Primo Water Corp contract
Method of Payment. If the Grantee elects to exercise the Option by submitting an Exercise Notice in accordance with under Section 2(b) above, of this Agreement, the aggregate Option Exercise Price (as well as any applicable withholding or other taxes) shall be paid by cash or check; provided, however, that the Committee may, but is not required to, consent Company may consent, in its discretion, to payment in any of the following forms, or a combination of them: (a) cash or check; 2 (b) a "net exercise" under whic...h the Company reduces the number of Shares shares of Common Stock issued upon exercise by the largest whole number of Shares shares with a Fair Market Value that does not exceed the aggregate Option Exercise Price and any applicable withholding, or such other consideration received by the Company under a cashless exercise program approved by the Company in connection with the Plan; (c) surrender of other Shares shares of Common Stock owned by the Grantee that which have a Fair Market Value on the date of surrender equal to the aggregate Option Exercise Price of the exercised Shares and any applicable withholding; or Terms and Conditions - Page 1 (d) any other consideration that the Committee deems appropriate and in compliance with applicable law. View More
Found in Zumiez Inc. contract