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 written notice of intent to exercise in the 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 Shares with respect to which the Option is to be exercised. 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: Nonqualified Stock Option Agreement (EndoChoice Holdings, Inc.), Nonqualified Stock Option Agreement (EndoChoice Holdings, Inc.), Nonqualified Stock Option Agreement (EndoChoice Holdings, Inc.)

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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 a written notice of intent to exercise in the 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 Shares with respect to which the Option is to be exercised. 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 3 contracts

Samples: Incentive Stock Option Agreement (ECPM Holdings, LLC), Nonqualified Stock Option Agreement (EVO Payments, Inc.), Incentive Stock Option Agreement (EVO Payments, 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 deliver to the Company (a) a written notice of intent to exercise in the form specified or accepted manner designated by the Committee and (or by complying with any alternative exercise procedures that may be authorized by b) a signed Investment Representation Statement in the Committee), setting forth the number of Shares with respect to which form attached hereto as Exhibit A if the Option exercise date is prior to be exercisedthe consummation of an Initial Public Offering. 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 (Blyth Inc), Non Qualified Stock Option Agreement (Blyth Inc)

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