Cash Purchase Method Clause Samples

Cash Purchase Method. Under the Cash Purchase Method, you pay SSB the Option Exercise Price and required withholding taxes from your own funds before you exercise your Stock Options. The payment must be made by a check payable to Salomon Smith Barney Inc. or by electronic funds transfer. ▇▇ ▇▇▇▇ ▇▇ ▇▇c▇▇▇▇▇ by SSB before your Stock Option exercise request will be processed. SSB will credit your SSB brokerage account with the shares of Delta common stock you received from your Stock Option exercise.