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

Variations of a "Method of Payment" Clause 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: (a) cash; (b) check; or (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. Plan. 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 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 -3- (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 requir...ed to 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. 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: (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 Company; (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 surrender equal to the aggregate Exercise Pri...ce 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 Board, shall not result in any adverse accounting consequences to the Company. Company; or (e) any combination of the foregoing methods of payment. 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 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. 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 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 have a (i) shall be valued at its Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the Exercis...ed 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. -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
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, subject to consent of the Company at the time of exercise, surrender of other Shares which have a (i) shall be valued at its Fair Market Value on the date of sur...render 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. -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
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; Plan (including by way of a net exercise); 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 E...xercised 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
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: (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 (i) shall be valued at its fair market value on the date of surrender equal to the aggregate Exercise Price ...of the Exercised Shares surrender, 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. 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). 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: (a) cash; (b) check; (c) consideration (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 (d)if Participant is a U.S. employee, surrender of other Shares which have a Fair Market Value (i) shall be valued at its fair market value on the date of surren...der equal to the aggregate Exercise Price of the Exercised Shares surrender, 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. A non-U.S. resident's methods of exercise may be restricted by the terms and conditions of any appendix to this Option Agreement for Participant's country (including the Country Addendum, as defined below). 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 the Participant: (a) cash; (b) check; (c) consideration received by the Company Corporation under a formal cashless exercise program adopted by the Company Corporation in connection with the Plan; 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 surrender equal to the aggregate Exerc...ise 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. Corporation. View More