Exercise Notice. The Option may be exercised with respect to all or any part of the Shares by written notice from the Grantee to the Company (“Exercise Notice”) specifying the number of whole Option Shares with respect to which the Option is being exercised (the “Exercise Shares”), and the aggregate Option Price for such Exercise Shares (the “Exercise Price”). The Option may not be exercised for any fractional Share unless the Committee determines otherwise.
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Samples: Form of Incentive Stock Option Agreement (Emmaus Life Sciences, Inc.), Non Qualified Stock Option Agreement (Targeted Medical Pharma, Inc.), Stock Incentive Plan (Emmaus Life Sciences, Inc.)
Exercise Notice. The Option may be exercised with respect to all or any part of the Shares Exercisable Portion by written notice from the Grantee Optionee to the Company (“Exercise Notice”) specifying the number of whole Option Shares with respect to which the Option is being exercised (the “Exercise Shares”), and the aggregate Option Price for such Exercise Shares (the “Exercise Price”)Shares. The Option may not be exercised for any fractional Share unless the Committee determines otherwise.
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