Method of Payment Clause Example with 21 Variations from Business Contracts

Method of Payment. Payment of the aggregate Exercise Price will be by any of the following, or a combination thereof, at the election of Participant: Optionee: (a) Participant's Optionee's personal check (or readily available funds), wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant Optionee owns, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of the Option exercise, will ...be applied to the Option exercise price. Exercise Price. Instead of surrendering shares of Company stock, Participant Optionee may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. Optionee. However, Participant Optionee may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's Optionee's Option if Participant's Optionee's action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this the Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. applicable Tax-Related Items. The balance of the sale proceeds, if any, will be delivered to Participant. Optionee. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) any other method authorized by the Company. Company; provided, however, that the Company may restrict the available methods of payment to facilitate compliance with applicable law or administration of the Plan. View More

Method of Payment. Payment of the aggregate Exercise Price will exercise price shall be by any of the following, or a combination thereof, at the election of Participant: your election: (a) Participant's your personal check (or readily available funds), check, wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant owns, you own, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of... the Option exercise, will be applied to the Option exercise price. Instead of surrendering shares of Company stock, Participant you may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. you. However, Participant you may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price of Participant's your Option if Participant's your action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) waiver of compensation due or accrued to you for your services rendered or to be rendered to the Company or a Parent or Subsidiary of the Company; (d) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to Participant. you. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) (e) other method authorized by the Company. View More

Method of Payment. Payment of the aggregate Exercise Price will shall be by any of the following, or a combination thereof, at the election of Participant: your election: (a) Participant's your personal check (or readily available funds), check, wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant owns, you own, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of the Option exe...rcise, will be applied to the Option exercise price. Exercise Price. Instead of surrendering shares of Company stock, Participant you may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. you. However, Participant you may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's your Option if Participant's your action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to Participant. you. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) other method authorized by the Company. View More

Method of Payment. Payment of the aggregate Exercise Price will shall be by personal check, wire transfer, cashier's check, or, with the Company's consent; any of the following, or a combination thereof, at the election of Participant: thereof: (a) Participant's personal check (or readily available funds), wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant owns, you own, along with any forms needed to effect a transfer of those shares to the Company; the value Fair M...arket Value of the shares, determined as of the effective date of the Option exercise, will be applied to the Option exercise price. Exercise Price. Instead of surrendering shares of Company stock, Participant you may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. you. However, Participant you may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's your Option if Participant's your action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) (b) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to Participant. you. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) (c) other method authorized by the Company. View More

Method of Payment. Payment of the aggregate Exercise Price will exercise price shall be by any of the following, or a combination thereof, at the election of Participant: your election: (a) Participant's your personal check (or readily available funds), check, wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant owns, you own, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of... the Option exercise, will be applied to the Option exercise price. Instead of surrendering shares of Company stock, Participant you may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. you. However, Participant you may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price of Participant's your Option if Participant's your action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to Participant. you. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) other method authorized by the Company. View More

Method of Payment. Payment of the aggregate Exercise Price will exercise price shall be by any of the following, or a combination thereof, at the election of Participant: you: (a) Participant's your personal check (or readily available funds), check, wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant owns, you own, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of the Optio...n exercise, will be applied to the Option exercise price. Instead of surrendering shares of Company stock, Participant you may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. you. However, Participant you may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price of Participant's your Option if Participant's your action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to Participant. you. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) other method authorized by the Company. View More

Method of Payment. Payment of the aggregate Exercise Price Price, and any Tax-Related Items (as defined below) withholding, will be by any of the following, or a combination thereof, at the election of Participant: (a) Participant's personal check (or (representing readily available funds), wire transfer, or a cashier's check; (b) if permitted by the Committee, certificates for shares of Company stock that Participant owns, along with any forms needed to effect a transfer of those shares to the Company; the value ...of the shares, determined as of the effective date of the Option exercise, will be applied to the Option exercise price. Exercise Price. Instead of surrendering shares of Company stock, Participant may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. However, Participant may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's Option if Participant's action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. applicable Tax-Related Items (as defined below) withholding. The balance of the sale proceeds, if any, will be delivered to Participant. Participant unless otherwise provided in this Option Agreement. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) other method authorized by the Company. Company; provided, however, that the Company may restrict the available methods of payment due to facilitate compliance with applicable law or administration of the Plan. In particular, if Participant is located outside the United States, Participant should review the applicable provisions of the Appendix for any such restrictions that may currently apply. View More

Method of Payment. Payment of the aggregate Exercise Price Price, and any Tax-Related Items withholding, will be by any of the following, or a combination thereof, at the election of Participant: (a) Participant's personal check (or (representing readily available funds), wire transfer, or a cashier's check; (b) if permitted by the Committee, certificates for shares of Company stock that Participant owns, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, dete...rmined as of the effective date of the Option exercise, will be applied to the Option exercise price. Exercise Price. Instead of surrendering shares of Company stock, Participant may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. However, Participant may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's Option if Participant's action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. applicable Tax-Related Items withholding. The balance of the sale proceeds, if any, will be delivered to Participant. Participant unless otherwise provided in this Option Agreement. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) other method authorized by the Company. Company; provided, however, that the Company may restrict the available methods of payment due to facilitate compliance with applicable law or administration of the Plan. In particular, if Participant is located outside the United States, Participant should review the applicable provisions of the Appendix for any such restrictions that may currently apply. View More

Method of Payment. Payment of the aggregate Exercise Price will be by any of the following, or a combination thereof, at the election of Participant: (a) Participant's personal check (or readily available funds), wire transfer, or a cashier's check; 31 (b) certificates for shares of Company stock that Participant owns, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of the Option exercise, will be applied to the Option ex...ercise price. Exercise Price. Instead of surrendering shares of Company stock, Participant may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. However, Participant may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's Option if Participant's action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this the Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. applicable Tax-Related Items. The balance of the sale proceeds, if any, will be delivered to Participant. The directions must be given by signing a special notice of exercise form provided by the Company; or (d) other method authorized by the Company. Company; provided, however, that the Company may restrict the available methods of payment due to facilitate compliance with applicable law or administration of the Plan. In particular, if Participant is located outside the United States, Participant should review the applicable provisions of the Appendix for any such restrictions that may currently apply. View More

Method of Payment. Payment of the aggregate Exercise Price will be by any of the following, or a combination thereof, at the election of Participant: (a) Participant's personal check (or readily available funds), wire transfer, or a cashier's check; (b) certificates for shares of Company stock that Participant owns, along with any forms needed to effect a transfer of those shares to the Company; the value of the shares, determined as of the effective date of the Option exercise, will be applied to the Option exerc...ise price. Exercise Price. Instead of surrendering shares of Company stock, Participant may attest to the ownership of those shares on a form provided by the Company and have the same number of shares subtracted from the Option shares issued to Participant. However, Participant may not surrender, or attest to the ownership of, shares of Company stock in payment of the exercise price Exercise Price of Participant's Option if Participant's action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes; (c) cashless exercise through irrevocable directions to a securities broker approved by the Company to sell all or part of the Shares covered by this the Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price Exercise Price and any withholding taxes. applicable Tax-Related Items. The balance of the sale proceeds, if any, will be delivered to Participant. The directions must be given by signing a special notice of exercise form provided by the Company; or 3 (d) other method authorized by the Company. Company; provided, however, that the Company may restrict the available methods of payment due to facilitate compliance with applicable law or administration of the Plan. In particular, if Participant is located outside the United States, Participant should review the applicable provisions of the Appendix for any such restrictions that may currently apply. View More