Method of Payment Clause Example with 83 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 will be by any of the following, or a combination thereof, at the election of Participant: (a) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares which have a Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares and that are owned free and... clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. View More
Found in Lyft, Inc. contract

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

Method of Payment. Payment of the aggregate Exercise Price will shall be by any of the following, or a combination thereof, at included by the election Administrator in the Notice of Participant: Grant: (a) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program (whether through a broker or otherwise) adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares, provided that such Shares which have a Fair Market ...Value on the date of surrender equal to the aggregate Exercise Price exercise price of the Exercised Shares as to which such Option will be exercised and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided further that accepting such Shares, in the sole discretion of the Administrator, will shall not result in any adverse accounting consequences to the Company. Company; (e) promissory note, to the extent permitted by Applicable Laws; (f) by net exercise; or (g) such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws. A non-U.S. resident's methods of exercise may be restricted by the terms and conditions of any appendix to this Agreement for Participant's country (including the Country Addendum, as defined below). The Company from time to time may engage a stock plan service provider to assist the Company with the implementation, administration, and management of the Plan and Awards granted thereunder. The Administrator may establish procedures that require any exercise of this Option, including without limitation the method of payment of the applicable Exercise Price and any applicable Withholding Obligations, to be satisfied through such stock plan service provider. View More
Found in La Rosa Holdings Corp. contract
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) cash; (b) check; 1 (c) consideration received by the Company under a formal cashless exercise program adopted implemented by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares shares of Common Stock which (i) in the case of shares of Common Stock acquired upon exercise of an option, ha...ve been owned by you for more than six (6) months on the date of surrender, and (ii) have a Fair Market Value fair market value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in Grom Social Enterprises, Inc. contract
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: the Optionee: (a) cash; cash or check; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, -3- (c) surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have ...been owned by the Optionee, and not subject to a substantial risk of forfeiture, 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 Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in SUTRO BIOPHARMA, INC. contract
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: the Optionee: (a) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have been owned by the Optio...nee, and not 3 subject to a substantial risk of forfeiture, 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 Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in TREACE MEDICAL CONCEPTS, INC. contract
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: the Optionee: (a) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or 3 (d) if Participant is a U.S. employee, surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have been owned by the Opt...ionee, and not subject to a substantial risk of forfeiture, 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 Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in Quotient Technology Inc. contract
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: the Optionee: (a) cash; cash, check or promissory note; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; Company; or (d) if Participant is a U.S. employee, (c) surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directl...y or indirectly, have been owned by the 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 Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in 3 Contracts from CATALYST BIOSCIENCES, INC.
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: the Optionee: (a) cash; cash or check; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, (c) surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have been... owned by the Optionee, and not subject to a substantial risk of forfeiture, 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 Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in 2 Contracts from 2 Companies
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: the Optionee: (a) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have been owned by the Optio...nee, and not subject to a substantial risk of forfeiture, 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 Exercise Price of the Exercised Shares. 3 6. Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the shareholders of the Company, or if the issuance of such Shares and that are owned free and clear upon such exercise or the method of payment of consideration for such shares would constitute a violation of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Applicable Law. View More
Found in Achaogen, Inc. contract
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) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted implemented by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares shares of Common Stock which (i) in the case of shares of Common Stock acquired upon exercise of an option, have... been owned by you for more than six (6) months on the date of surrender, AND (ii) have a Fair Market Value fair market value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in 9 Contracts from 3 Companies
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: the Optionee: (a) cash; (b) check; (c) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (d) if Participant is a U.S. employee, surrender of other Shares which which, (i) in the case of Shares acquired from the Company, either directly or indirectly, have been owned by the Optio...nee, and not subject to a substantial risk of forfeiture, 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 Exercise Price of the Exercised Shares and that are owned free and clear of any liens, claims, encumbrances, or security interests, provided that accepting such Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the Company. Shares. View More
Found in TREACE MEDICAL CONCEPTS, INC. contract