Common use of Exercise/Pledge Clause in Contracts

Exercise/Pledge. To the extent that a Stock Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 47 contracts

Samples: Stock Option Agreement (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Sow Good Inc.), 2005 Stock Incentive Plan (EGAIN Corp)

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Exercise/Pledge. To the extent that a Stock an Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 7 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), Stock Incentive Plan (Rockley Photonics Holdings LTD), Employee Stock Purchase Plan (Lucid Group, Inc.)

Exercise/Pledge. To the extent that a Stock Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 2 contracts

Samples: Stock Option Agreement (Plus Therapeutics, Inc.), Plus Therapeutics, Inc.

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Exercise/Pledge. To the extent that a Stock an Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Ordinary Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 1 contract

Samples: Award Agreement (Gorilla Technology Group Inc.)

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