Exercise Procedure. Subject to the terms of this Option Agreement, this Option shall be exercised by delivery of written notice of exercise to the Company, specifying the number of shares to be purchased and the purchase price to be paid, accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment. The Optionee may purchase less than the number shares covered by the vested portion of the Option, provided that no partial exercise of this Option may be for a fraction of a share.
Appears in 3 contracts
Sources: Stock Option Agreement (Lsi Logic Corp), Stock Option Agreement (Lsi Logic Corp), Stock Option Agreement (Lsi Logic Corp)
Exercise Procedure. Subject to the terms of conditions set forth in this Option Agreement, this Option option shall be exercised by the Optionee's delivery of written notice of exercise to the Treasurer of the Company, specifying the number of shares to be purchased and the purchase price to be paid, paid therefore and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment. The Optionee may purchase less than the number shares covered by the vested portion of the Option, provided that no partial exercise of this Option may be for a fraction of a share4.
Appears in 3 contracts
Sources: Non Qualified Stock Option Agreement (Banyan Systems Inc), Non Qualified Stock Option Agreement (Banyan Systems Inc), Non Qualified Stock Option Agreement (Epresence Inc)
Exercise Procedure. Subject to the terms conditions set forth in this Agreement and, if applicable, Section 6 of this Option Agreementthe Plan, this Option the Options shall be exercised by the Optionee's delivery of written notice of exercise to the Secretary of the Company, specifying the number of shares to be purchased and the purchase price Exercise Price Per Share to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment3 hereof. The Optionee may purchase less than the total number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option less than all the Options may be for a fraction of a shareless than 100 whole shares.
Appears in 3 contracts
Sources: Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc), Non Statutory Stock Option Agreement (Global Pharmaceutical Corp \De\), Non Statutory Stock Option Agreement (Global Pharmaceutical Corp \De\)
Exercise Procedure. Subject to the terms of conditions set forth in this Option Agreement, this Option option once vested shall be exercised by the Optionee’s delivery of written notice of exercise to the Company, specifying the number of shares to be purchased and the purchase price to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement4. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option option may be for a fraction of a any fractional share or for less than one whole share.
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Smart Video Technologies Inc), Incentive Stock Option Agreement (Smart Video Technologies Inc)
Exercise Procedure. Subject to the terms conditions set forth in this Agreement and, if applicable, Section 6 of this Option Agreementthe Plan, this Option the Options shall be exercised by the Optionee's delivery of written notice of exercise to the Secretary of the Company, specifying the number of shares to be purchased and the purchase price Exercise Price Per Share to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required paymenthereof. The Optionee may purchase less than the total number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option less than all the Options may be for a fraction of a shareless than 100 whole shares.
Appears in 2 contracts
Sources: Incentive Stock Option Agreement (Universal Stainless & Alloy Products Inc), Incentive Stock Option Agreement (Global Pharmaceutical Corp \De\)
Exercise Procedure. Subject to the terms of conditions set forth in this Option Agreement, this Option shall be exercised by the Optionee's delivery of written notice of exercise to the Company, specifying the number of shares to be purchased and the purchase price to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 6 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option may be for a fraction of a any fractional share.
Appears in 1 contract
Exercise Procedure. Subject to the terms of this Option Agreement, this Option shall be exercised by delivery of written notice of exercise to the Company, specifying the number of shares Shares to be purchased and the purchase price to be paid, accompanied by payment in full in accordance with Section 4 3(e) of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment. The Optionee may purchase less than the number shares of Shares covered by the vested portion of the Option, provided that no partial exercise of this Option may be for a fraction of a shareShare.
Appears in 1 contract
Exercise Procedure. Subject to the terms conditions set forth in this Agreement and, if applicable, Section 7 of this Option Agreementthe Plan, this Option the Options shall be exercised by the Optionee’s delivery of written notice of exercise to the Secretary of the Company, specifying the number of shares to be purchased and the purchase price Exercise Price Per Share to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment3 hereof. The Optionee may purchase less than the total number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option less than all the Options may be for a fraction of a shareless than 100 whole shares.
Appears in 1 contract
Sources: Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc)
Exercise Procedure. Subject to the terms conditions set forth in this Agreement and, if applicable, Section 6 of this Option Agreementthe Plan, this Option the Options shall be exercised by the Optionee’s delivery of written notice of exercise to the Secretary of the Company, specifying the number of shares to be purchased and the purchase price Exercise Price Per Share to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required paymenthereof. The Optionee may purchase less than the total number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option less than all the Options may be for a fraction of a shareless than 100 whole shares.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Universal Stainless & Alloy Products Inc)
Exercise Procedure. Subject to the terms of conditions set forth in this Option Agreement, this Option option shall be exercised by the Optionee’s delivery of written notice of exercise to the Company, specifying the number of shares to be purchased and the purchase price to be paid, paid therefore and accompanied by payment in full in accordance with Section 4 of this Option Agreement4. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option option may be for a fraction of a any fractional share or for less than one whole share.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Avalon Pharmaceuticals Inc)
Exercise Procedure. Subject to the terms conditions set forth in this Agreement and, if applicable, Section 6 of this Option Agreementthe Plan, this Option the Options shall be exercised by the Optionee’s delivery of written notice of exercise to the Secretary of the Company, specifying the number of shares to be purchased and the purchase price Exercise Price Per Share to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment3 hereof. The Optionee may purchase less than the total number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option less than all the Options may be for a fraction of a shareless than 100 whole shares.
Appears in 1 contract
Sources: Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc)
Exercise Procedure. Subject to the terms of conditions set forth in this Option Agreement, this Option option shall be exercised by the Optionee’s delivery of written notice of exercise to the Treasurer of the Company, specifying the number of shares to be purchased and the purchase price to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement4. Such exercise shall be effective upon receipt by the Treasurer of the Company of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option option may be for a fraction of a any fractional share.
Appears in 1 contract
Sources: Incentive Stock Option Agreement (Distributed Energy Systems Corp)
Exercise Procedure. Subject to the terms conditions set forth in this Agreement and, if applicable, Section 7 of this Option Agreementthe Plan, this Option the Options shall be exercised by the Optionee's delivery of written notice of exercise to the Secretary of the Company, specifying the number of shares to be purchased and the purchase price Exercise Price Per Share to be paid, paid therefor and accompanied by payment in full in accordance with Section 4 of this Option Agreement. Such exercise shall be effective upon receipt by the Company of such written notice together with the required payment3 hereof. The Optionee may purchase less than the total number of shares covered by the vested portion of the Optionhereby, provided that no partial exercise of this Option less than all the Options may be for a fraction of a shareless than 100 whole shares.
Appears in 1 contract
Sources: Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc)