Common use of Exercise Amount Clause in Contracts

Exercise Amount. The purchase price to the Participant for each Share subject to this Option will be the Exercise Price Per Share specified in the table at the beginning of this Agreement. The aggregate of the Exercise Price Per Share multiplied by the number of Shares exercised, plus the amount of any tax withholding as provided in Section 15 of the Plan, will be the “Exercise Amount.”

Appears in 5 contracts

Samples: Non Statutory Stock Option Agreement (Surmodics Inc), Incentive Stock Option Agreement (Surmodics Inc), Non Statutory Stock Option Agreement (HMN Financial Inc)

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