Common use of Exercise Amount Clause in Contracts

Exercise Amount. The Option may be exercised in whole or in part (but no exercise shall be for fewer than 25 Shares or all of the Shares subject to the Option, if fewer) by notice in writing to the Company.

Appears in 2 contracts

Sources: Option Award Agreement (Hennessy Advisors Inc), Option Award Agreement for Non Employee Directors (Hennessy Advisors Inc)