Common use of Net Exercise Clause in Contracts

Net Exercise. Notwithstanding anything in this Agreement to the contrary, in connection with an exercise of the Options, all or part of the Exercise Price may be paid by reducing the number of Shares being purchased pursuant to such exercise by the number of such Shares having a Fair Market Value equal to the Exercise Price.

Appears in 13 contracts

Samples: Option Award Agreement (Community Choice Financial Inc.), Option Award Agreement (Community Choice Financial Inc.), Option Award Agreement (Community Choice Financial Inc.)

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Net Exercise. Notwithstanding anything in this Agreement to the contrary, in connection with an exercise of the OptionsOption, all or part of the Exercise Price may be paid by reducing the number of Shares being purchased pursuant to such exercise by the number of such Shares having a an Fair Market Value equal to the Exercise Price.

Appears in 9 contracts

Samples: Employment Agreement (Reliant Software, Inc.), Grant Award Agreement (Reliant Software, Inc.), Option Grant Award Agreement (Reliant Software, Inc.)

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Net Exercise. Notwithstanding anything in this Agreement to the contrary, in connection with an exercise of the OptionsOption, all or part of the Exercise Price may be paid by reducing the number of Shares being purchased pursuant to such exercise by the number of such Shares having a Fair Market Value equal to the Exercise Price.

Appears in 1 contract

Samples: This Agreement (Lantheus MI Intermediate, Inc.)

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