Common use of Effect of Exercise Clause in Contracts

Effect of Exercise. Upon the exercise of all or any part of this option, the number of shares of common stock subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 17 contracts

Samples: Employment Agreement (Pacific Scientific Co), Nonstatutory Stock Option Agreement (Intervisual Books Inc /Ca), Nonstatutory Stock Option Agreement (Pacific Scientific Co)

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Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock Stock subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 13 contracts

Samples: Stock Option Award Agreement (Semtech Corp), Long Term Stock Incentive Plan (Semtech Corp), Term Stock Incentive (Semtech Corp)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock Stock subject to the option Option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 12 contracts

Samples: Form of Stock Option Agreement (SecureLogic Corp), 2005 Stock Option Agreement (BINGO.COM Ltd.), 2007 Stock Option Agreement (Eurasia Energy LTD)

Effect of Exercise. Upon the exercise of all or any part of this optionthese Options, the number of shares of common stock Common Stock subject to the option particular Option being exercised under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 5 contracts

Samples: Stock Option Agreement (General Devices Inc), Stock Option Agreement (General Devices Inc), Stock Option Agreement (General Devices Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthese options, the number of shares of common stock subject to the option under options granted pursuant to this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 4 contracts

Samples: Option Plan and Agreement (Futurelink Corp), Stock Option Plan and Agreement (Outdoor Channel Holdings Inc), Stock Option Plan and Agreement (Outdoor Channel Holdings Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Options, the number of shares of common stock subject to the option Options under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 4 contracts

Samples: Stock Option Agreement (Aerosol Services Co Inc), Stock Option Agreement (Outsourcing Services Group Inc), Stock Option Agreement (Outsourcing Services Group Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionOption, the number of shares of common stock Common Stock subject to the option this Option being exercised under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 4 contracts

Samples: Stock Option Agreement (Aduromed Industries, Inc.), Stock Option Agreement (Aduromed Industries, Inc.), Stock Option Agreement (Aduromed Industries, Inc.)

Effect of Exercise. Upon the exercise of all or any part of this optionthe ------------------ Option, the number of shares of common stock Shares subject to the option Option under this Agreement shall be reduced by the number of shares Shares with respect to which such exercise is made.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (L90 Inc), Incentive Stock Option Agreement (L90 Inc), Stock Option Agreement (Powerwave Technologies Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock Common Stock subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 3 contracts

Samples: Stock Option Agreement (Biomerica Inc), Stock Option Agreement (Biomerica Inc), Stock Option Agreement (Biomerica Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock Common Shares subject to the option Option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 2 contracts

Samples: Stock Option Agreement (Multicell Technologies Inc.), Stock Option Agreement (Cryoport, Inc.)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock Common Shares subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 2 contracts

Samples: Stock Option Agreement (Multicell Technologies Inc.), Stock Option Agreement (Cryoport Systems Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock Stock subject to the option under this Agreement Option shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Semtech Corp), Stock Option Award Agreement (Semtech Corp)

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Effect of Exercise. Upon the exercise of all or any part of this optionthe ------------------ Option, the number of shares of common stock Stock subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Semtech Corp), Stock Option Agreement (Leslies Poolmart)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Stock Option, the number of shares of common stock Option Shares subject to the option Stock Option under this Agreement shall be reduced by the number of shares Option Shares with respect to which such exercise is made.

Appears in 1 contract

Samples: Stock Option Agreement (Leslies Poolmart Inc)

Effect of Exercise. Upon the exercise of all or any part of this option, the number of shares of common stock subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.be

Appears in 1 contract

Samples: 1 (Intervisual Books Inc /Ca)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, ------------------ the number of shares of common stock Stock subject to the option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 1 contract

Samples: Delta Internet Services (Concentric Network Corp)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, the number of shares of common stock subject to the option under this Agreement Option Shares shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 1 contract

Samples: Agreement (Protein Polymer Technologies Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthese Options, the number of shares of common stock Common Stock subject to the option particular Option being exercised under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.is

Appears in 1 contract

Samples: Stock Option Agreement (General Devices Inc)

Effect of Exercise. Upon the exercise of all or any part of this optionthe Option, ------------------ the number of shares of common stock subject to the option Option under this Agreement shall be reduced by the number of shares with respect to which such exercise is made.

Appears in 1 contract

Samples: Stock Purchase Agreement (Biomerica Inc)

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