Common use of Election to Exercise Clause in Contracts

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 9 contracts

Samples: Non Qualified Stock Option Agreement (YayYo, Inc.), Term Incentive Plan Nonqualified Stock Option Agreement (KLX Inc.), Egalet Corporation Option Agreement (Egalet Corp)

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Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company or its designated agent a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (CardConnect Corp.), Non Qualified Stock Option Agreement (CardConnect Corp.), Incentive Stock Option Agreement (CardConnect Corp.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company or its designated agent a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (International Money Express, Inc.), Qualified Stock Option Agreement (International Money Express, Inc.), Non Qualified Stock Option Agreement (International Money Express, Inc.)

Election to Exercise. To exercise the OptionOptions, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice of intent to exercise in the manner designated form specified or accepted by the Committee (or by complying with any alternative exercise procedures that may be authorized by the Committee), setting forth the number of Options to be exercised. If someone other than the Participant exercises the OptionOptions, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Optionsuch Options.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such that person must submit documentation reasonably acceptable to the Company Committee verifying that such the person has the legal right to exercise the Option.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (BG Staffing, Inc.), Incentive Stock Option Agreement (BG Staffing, Inc.), Nonqualified Stock Option Agreement (BG Staffing, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the CommitteeCompany. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Equity and Incentive Plan Incentive Stock Option Agreement (Scotts Liquid Gold Inc), Equity and Incentive Plan Non Qualified Stock Option Agreement (Scotts Liquid Gold Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. Committee If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Stock Option Inducement Agreement (Beyond Air, Inc.), Stock Option Inducement Agreement (Beyond Air, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir heir, or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Terra Tech Corp.), Non Qualified Stock Option Agreement (Terra Tech Corp.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir heir, or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (NeuroBo Pharmaceuticals, Inc.), Incentive Stock Option Agreement (NeuroBo Pharmaceuticals, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Form of Incentive Stock Option Agreement (Cellceutix CORP), Option Agreement (Egalet Corp)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in (the manner designated by the Committee. If someone other than the Participant exercises the Option“Exercise Notice”), then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.which shall set forth, inter alia:

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Q BioMed Inc.), Non Qualified Stock Option Agreement (Q BioMed Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (DIEBOLD NIXDORF, Inc), Non Qualified Stock Option Agreement (Crypto Co)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by that is reasonably acceptable to the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.which shall set forth, inter alia:

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Agrify Corp), Incentive Stock Option Agreement (Agrify Corp)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Plan Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Mystic Holdings Inc./Nv)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person Person must submit documentation reasonably acceptable to the Company verifying that such person Person has the legal right to exercise the Option.

Appears in 1 contract

Samples: Option Agreement (Egalet Corp)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. Board If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Medicine Man Technologies, Inc.)

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Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must be shall deliver to the Company a fully completed and executed notice of intent to exercise (“Notice of Exercise”), in the manner such form as may be designated by the Committee. If someone other than the Participant exercises the OptionCompany in its sole discretion, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.which shall set forth, inter alia:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (RigNet, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 1 contract

Samples: Qualified Stock Option Agreement for Employees (Cellceutix CORP)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. Committee If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Byrna Technologies Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacitydisability, the Participant’s executorbeneficiary, administrator, heir or legatee, as the case may be) must (a) deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than Administrator; or (b) if the Participant exercises is not subject to Section 16 of the OptionSecurities Exchange Act of 1934, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right as amended, elect to exercise the OptionOption through use of the on-line service designated by the Company.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company or its designated agent a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.. (b)

Appears in 1 contract

Samples: Incentive Stock Option Agreement (International Money Express, Inc.)

Election to Exercise. To exercise the Option, the Participant Recipient (or in the case of exercise after the ParticipantRecipient’s death or incapacity, the ParticipantRecipient’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option.which shall set forth, inter alia:

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Dynaresource Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the OptionAdministrator.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacitydisability, the Participant’s executorbeneficiary, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the OptionAdministrator.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably or otherwise acceptable to the Company verifying that such person has the legal right to exercise the Option.Committee, indicating, inter alia:

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Dynatronics Corp)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacitydisability, the Participant’s executorbeneficiary, administrator, heir or legatee, as the case may be) must (a) deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than Administrator; or (b) if the Participant exercises is not subject to Section 16 of the OptionSecurities Exchange Act of 1934, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right as amended, elect to exercise the OptionOption through use of the on-line service designated by the Company (currently Xxxxxxx Xxxxx).

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

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