Exercise Price; Payment. The exercise price of the Option shall be equal to the Purchase Price. The exercise price shall be paid on the Closing Date by EmCare or its Designee, as the case may be, to Shareholder by check, electronic wire transfer, or other method reasonably acceptable to Shareholder. Upon payment of the Purchase Price, the Attorney-in-Fact shall deliver the Shares and all accompanying stock powers to EmCare or its Designee.
Exercise Price; Payment. The Option will have an exercise price equal to the fair market value per share of the Common Stock as determined in good faith by the Board as of the date of grant. The grant will provide that you may pay for such shares upon exercise by cash, cancellation of indebtedness of Calypte to you, and/or a full recourse promissory note to Calypte secured by adequate collateral, which may consist of the shares so purchased.
Exercise Price; Payment. The exercise price of the Option may be paid, in the absolute discretion of Avant!, either: (i) in cash (by check or wire transfer) at a price of $17.00 per Share; or (ii) by issuing to each Shareholder the number of fully paid and nonassessable shares of Avant! Common Stock that otherwise would have been issued to each Shareholder at the Effective Time of the Merger pursuant to the Reorganization Agreement had the Merger occurred without exercise of the Option (rounded up or down, as the case may require, to avoid the issuance of fractional shares of Avant! Common Stock). The exercise price set forth in this subsection (b) of Section 4 shall be referred to as the "Exercise Price."
Exercise Price; Payment. (a) The Exercise Price shall consist of (i) cash, or (ii) at Purchaser's option, (A) a 6% promissory note due January 10, 1999 substantially in the form of Exhibit A hereto (the "Note") of the Purchaser in an aggregate principal amount, at the Purchaser's option, of up to $150,000,000 and (B) an amount of cash equal to the balance of the Exercise Price. Purchaser may not issue the Note in satisfaction of a portion of the Exercise Price if, at the date of delivery of notice of the Exercise Date, Purchaser's First Mortgage Notes are rated less than investment grade by either Standard & Poor's Corporation or Moody's Investors Service, Inc.
Exercise Price; Payment. The Option will have an exercise price equal to the fair market value per share of the Common Stock as determined in good faith by the Board as of the date of grant. The grant will provide that you may pay for such shares upon such methods as are permitted under the Plan for nonqualified stock options.
Exercise Price; Payment. The exercise price of the Option Shares purchased by IWCH pursuant to Section 1 hereof shall be the original purchase price of such Option Shares paid by PWH for such shares together with any amounts funded PWH as additional capital contributions with respect to such shares (the "Exercise Price"). The Exercise Price shall be paid in cash (by check or wire transfer) or cancellation of all indebtedness of PWH held by IWCH, the value of which indebtedness shall be as determined in good faith by the Board of Directors of IWCH.
Exercise Price; Payment. (a) The exercise price of each Incentive Stock Option granted under the Plan shall be determined by the Committee, but shall not be less than 100% of the "Fair Market Value" (as defined below) of Common Stock on the date of grant. If an Incentive Stock Option is granted to an employee who at the time such option is granted owns (within the meaning of section 424(d) of the Code) more than 10% of the total combined voting power of all classes of capital stock of the Company, the option exercise price shall be at least 110% of the Fair Market Value of Common Stock on the date of grant. The exercise price of each Nonstatutory Option also shall be determined by the Committee, but shall not be less than 85% of the Fair Market of Common Stock on the date of grant. The status of each option granted under the Plan as either an Incentive Stock Option or a Nonstatutory Option shall be determined by the Committee at the time the Committee acts to grant the option, and shall be clearly identified as such in the Stock Option Agreement relating thereto.
Exercise Price; Payment. The exercise price of the Option may be paid, in the sole and absolute discretion of ASA, either: (a) in cash (by check or wire transfer) at a price of $0.26 per Share; or (b) by issuing to each Shareholder the number of fully paid and nonassessable shares of ASA Common Stock that otherwise would have been issued to each Shareholder at the Effective Time of the Merger pursuant to the Merger Agreement had the Merger occurred without exercise of the Option (rounded up or down, as the case may require, to avoid the issuance of fractional shares of ASA Common Stock); or (c) a combination of cash and shares of ASA Common Stock. The exercise price set forth in this Section 4.2 shall be referred to as the "Exercise Price."
Exercise Price; Payment. The exercise price for the Options is $1.72 per share, being the closing price for the Company’s stock on the date of this grant. Payment of the exercise price per share is due in full in cash (including check) upon exercise of all or any part of each installment which has become exercisable by you. Options may be exercised pursuant to a program developed under Regulation T as promulgated by the Federal Reserve Board which results in the receipt of cash (or check) by the Company prior to the issuance of Common Stock. Options may not be exercisable for any number of shares which would require the issuance of anything other than whole shares.
