Method of Payment Clause Example from Business Contracts

This example Method of Payment clause appears in 3 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 Optionee: (a) cash or check; (b) consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or (c) surrender of other Shares 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 Ma...rket Value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares. View More
Found in CareDx, Inc. contract
CareDx, Inc. Contracts

CAREDX, INC. (FormerlyKnown as XDx, Inc., Expression Diagnostics, Inc., BioCardia Inc. and Hippocratic Engineering, Inc.) 1998 STOCK PLAN Adopted January 1, 1999 As Amended on... (Filed With SEC on June 3, 2014)

Teladoc Health, Inc. Contracts

TELADOC, INC. STOCK OPTION AGREEMENT (Filed With SEC on June 11, 2015)

BioCardia, Inc. Contracts

BIOCARDIA, INC. 2002STOCK PLAN (Filed With SEC on June 16, 2015)