Method of Payment Clause Example with 5 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. Payment of the aggregate Exercise Price shall be by any of the following forms of consideration, or a combination thereof, at the election of the Participant: (a) cash or check; (b) if approved by the Administrator (in its sole discretion), consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan or a net exercise feature; or (c) if approved by the Administrator (in its sole discretion), surrender of other Shares which, if ...accepted by the Company, would not subject the Company to adverse accounting as determined by the Administrator. View More

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

Method of Payment. Payment of the aggregate Exercise Price shall may be by any of the following forms of consideration, or a combination thereof, at the election of the Participant: (a) (i) cash or check; (b) or (ii) if approved by the Administrator Committee (in its sole discretion), consideration received by the Company under a formal cashless exercise program adopted by the Company Company, or in connection with the Plan or a net exercise feature; or (c) if approved by the Administrator (in its sole discretion)..., surrender of other Shares which, if accepted by the Company, would not subject the Company to adverse accounting as determined by the Administrator. feature. View More
Method of Payment. Payment of the aggregate Exercise Price shall be by any of the following forms of consideration, or a combination thereof, at the election of the Participant: (a) cash or check; (b) if approved by at the Administrator (in its sole discretion), discretion of the Administrator, consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan or a net exercise feature; Plan; or (c) if approved by at the Administrator (in its sole disc...retion), discretion of the Administrator, surrender of other Shares which, if accepted by the Company, would not subject the Company to adverse accounting as determined by the Administrator. View More
Method of Payment. Payment of the aggregate Exercise Price shall may be by any of the following forms of consideration, or a combination thereof, at the election of the Participant: (a) cash or check; (b) if approved by the Administrator Committee (in its sole discretion), consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan or a net exercise feature; or 2 (c) if approved by the Administrator Committee (in its sole discretion), surrender ...of other Shares which, if accepted by the Company, would not subject the Company to adverse accounting as determined by the Administrator. Committee. View More
Method of Payment. Payment of the aggregate Exercise Price shall may be by any of the following forms of consideration, or a combination thereof, at the election of the Participant: (a) cash or check; (b) if approved by the Administrator Committee (in its sole discretion), consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan or a net exercise feature; or (c) if approved by the Administrator Committee (in its sole discretion), surrender of... other Shares which, if accepted by the Company, would not subject the Company to adverse accounting as determined by the Administrator. Committee. View More
Method of Payment. Payment of the aggregate Exercise Price shall be by any of the following forms of consideration, or a combination thereof, at the election of the Participant: (a) cash or check; (b) if approved by the Administrator Committee (in its sole discretion), consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan or a net exercise feature; or (c) if approved by the Administrator Committee (in its sole discretion), surrender of oth...er Shares which, if accepted by the Company, would not subject the Company to adverse accounting as determined by the Administrator. Committee. View More