Method of Payment Clause Example from Business Contracts

This example Method of Payment clause appears in 4 contracts from 3 companies

Method of Payment. Payment of the aggregate Exercise Price 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) surrender of other Shares which (i) shall be valued at its Fair Market Value on the date of exercise, and (ii) must be owned free and clear of any liens, claims, encumbrances or security interests, if ...accepting such Shares, in the sole discretion of the Administrator, 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 Nkarta, Inc. contract
Nkarta, Inc. Contracts

Form of Stock Option Agreement for 2015 Equity Incentive Plan (Filed With SEC on June 19, 2020)

Finwise Bancorp Contracts

Form of Stock Option Agreement under the FinWise Bancorp 2019 Stock Option Plan (Filed With SEC on July 15, 2021)

Form of Stock Option Agreement under the FinWise Bancorp 2016 Stock Option Plan (Filed With SEC on July 15, 2021)

Phunware, Inc. Contracts

Phunware, Inc. 2009 Equity Incentive Plan, including form agreements under the 2009 Equity Incentive Plan (Filed With SEC on April 11, 2018)