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 the election of Participant: the Optionee: (a) cash; (b) check; -16- (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 (i) if acquired either directly or indirectly from the Company, have been owned by Optionee for at least the perio...d required to avoid a Fair Market Value charge to the Company's reported earnings, (ii) shall be valued at its fair market value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares exercise, and that are (iii) must be owned free and clear of any liens, claims, encumbrances, encumbrances or security interests, provided that if accepting such Shares, in the sole discretion of the Administrator, will shall not result in any adverse accounting consequences to the Company. View More
Found in Asante Solutions, 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, (c) surrender of other Shares which which, (i) in the case of Shares acquired upon exercise of a stock option, have been owned by the Op...tionee 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 Xometry, 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, (c) surrender of other Shares which which, (i) in the case of Shares acquired directly from the Company, 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 Oncolix, 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, (c) surrender of other Shares which which, (i) in the case of Shares acquired upon exercise of an option, have been owned by the Optione...e 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 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; 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 upon exercise of an option, have been owned by the Optione...e for more than six 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 CALLIDUS SOFTWARE 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 upon exercise of an option, 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 XTERA COMMUNICATIONS, 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 the 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 (i) if acquired either directly or indirectly from the Company, have been owned by Participant for at least the period required t...o avoid a charge to the Company's reported earnings, (ii) shall be valued at its Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares exercise, and that are (iii) must be owned free and clear of any liens, claims, encumbrances, encumbrances or security interests, provided that if accepting such Shares, in the sole discretion of the Administrator, will shall not result in any adverse accounting consequences to the Company. -3- 6. Restrictions on Exercise. This Option may not be exercised until such time as the Plan has been approved by the stockholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any Applicable Law. View More
Found in 3 Contracts from 2 Companies
Method of Payment. Payment Subject to Section 7(b) of the Plan, payment of the aggregate Exercise Price will shall be by any of the following, or a combination thereof, at the election of the 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; exercise; or (d) if Participant is a U.S. employee, surrender of other Shares which have a (i) shall be valued at its Fair Market Value on the date of surrend...er equal to the aggregate Exercise Price of the Exercised Shares exercise, and that are (ii) must be owned free and clear of any liens, claims, encumbrances, encumbrances or security interests, provided that if accepting such Shares, in the sole discretion of the Administrator, will shall not result in any adverse accounting consequences to the Company. View More
Found in Modular Medical, 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 the 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 (i) if acquired either directly or indirectly from the Company, have been owned by Participant for at least the period required t...o avoid a charge to the Company's reported earnings, (ii) shall be valued at its Fair Market Value on the -4- date of surrender equal to the aggregate Exercise Price of the Exercised Shares exercise, and that are (iii) must be owned free and clear of any liens, claims, encumbrances, encumbrances or security interests, provided that if accepting such Shares, in the sole discretion of the Administrator, will shall not result in any adverse accounting consequences to the Company. View More
Found in 2 Contracts from RITTER PHARMACEUTICALS 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 the 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 (i) if acquired either directly or indirectly from the Company, have been owned by Participant for at least the period required t...o avoid a charge to the Company's reported earnings, (ii) shall be valued at its Fair Market Value on the -3- date of surrender equal to the aggregate Exercise Price of the Exercised Shares exercise, and that are (iii) must be owned free and clear of any liens, claims, encumbrances, encumbrances or security interests, provided that if accepting such Shares, in the sole discretion of the Administrator, will shall not result in any adverse accounting consequences to the Company. View More
Found in 4 Contracts from RITTER PHARMACEUTICALS INC