Common use of How to Exercise Clause in Contracts

How to Exercise. The Options hereby granted shall be exercised by written notice to M▇▇▇▇▇▇ ▇▇▇▇▇▇▇ at the Company’s executive offices, 3▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, or such other administrator, specifying the number of Shares you then desire to purchase, together with a check payable to the order of the Company for an amount in United States dollars equal to the Option Price of such Shares or, delivery (or certification of ownership) of nonforfeitable, unrestricted Shares (that have been held by you for at least six (6) months prior to delivery (or certification of ownership) or that have been purchased in the open market) having an aggregate Fair Market Value (as of the date of exercise) equal to such Option Price, or a combination of cash and such Shares. The requirement of paying the Option Price in cash shall be deemed satisfied if you make arrangements that are satisfactory to the Company with a broker that is a member of the National Association of Securities Dealers, Inc. to sell on the exercise date a sufficient number of Shares that are being purchased pursuant to the exercise, so that the net proceeds of the sale transaction will at least equal the amount of the aggregate Option Price plus payment of any applicable withholding taxes, and pursuant to which the broker undertakes to deliver to the Company the amount of the aggregate Option Price plus payment of any applicable withholding taxes on a date satisfactory to the Company, but not later than the date on which the sale transaction will settle in the ordinary course of business. The notice of exercise shall also specify how any applicable tax withholding will be satisfied. The date of the Company’s receipt of your written notice shall be the date of exercise. As soon as practicable after receipt of such written notification and payment of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged), the Company shall issue or transfer to you, the number of Shares with respect to which such Options shall be so exercised and not sold. However, if the Option Price is satisfied by certification of previously acquired Shares, the Company shall issue or transfer to you a number of Shares equal to the number of Shares with respect to which the Options are exercised less the number to which you have certified ownership. Upon receipt of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged), the Company shall deliver to you evidence of book entry Shares or, upon your request, Share certificates in an appropriate amount based upon the number of Shares purchased under the Option.

How to Exercise. The Options hereby granted shall be exercised by (1) contacting the Company's Stock Option Coordinator (currently, Kelly Land) at (864/597-8671), (2) submitting a written notice to M▇▇▇▇(▇▇ ▇▇▇▇▇▇▇ at he form required by the Company’s executive offices, 3▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, or such other administrator, Company on the date of exercise) specifying the number of Shares shares you then desire to purchase. Unless the exercise is a broker-assisted "cashless exercise" as described below, together with a check payable to the order such written notice must be accompanied by full payment in cash, shares of stock of the Company previously acquired by you (which shares may be delivered by attestation or actual delivery of one or more certificates), or any combination thereof, for an amount in United States dollars equal to the Option Price applicable Exercise Price, plus any applicable tax withholding amount; provided, however, that if shares of stock are used for this purpose, such Shares or, delivery (or certification of ownership) of nonforfeitable, unrestricted Shares (that shares must have been held by you for at least six (6) months prior such period of time, if any, as necessary to delivery (or certification avoid the recognition of ownership) or that have been purchased in an expense under generally accepted accounting principles as a result of the open market) having an aggregate Fair Market Value (exercise of the Options. The fair market value of the surrendered shares of stock as of the last trading day immediately prior to the exercise date shall be used in valuing and shares used in payment of exercise) equal to such Option Price, or a combination of cash and such Shares. The requirement of paying the Option Price or applicable tax withholding amounts. To the extent permitted under Regulation T of the Federal Reserve Board, and subject to applicable securities laws and at the discretion of Compensation and Incentives Committee of the Board of Directors of the Company, the Option may be exercised through a broker in a so-called "cashless exercise" whereby the broker sells the Option shares and delivers cash sales proceeds to the Company in payment of the Exercise Price. In such case, the date of exercise shall be deemed satisfied if you make arrangements that are satisfactory to the Company with a broker that is a member of the National Association of Securities Dealers, Inc. to sell on the exercise date a sufficient number of Shares that are being purchased pursuant to the exercise, so that the net proceeds of the sale transaction will at least equal the amount of the aggregate Option Price plus payment of any applicable withholding taxes, and pursuant to which the broker undertakes to deliver to the Company the amount of the aggregate Option Price plus payment of any applicable withholding taxes on a date satisfactory to the Company, but not later than be the date on which the sale transaction will settle in the ordinary course of business. The notice of exercise is received by the Company and the exercise price shall also specify how be delivered to the Company on the settlement date.) Notwithstanding the above, the Company has the authority and the right to deduct or withhold an amount sufficient to satisfy federal, state, and local taxes (including any applicable tax FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the exercise of the Option. Such withholding will requirement may be satisfied. The date , in whole or in part, at the election of the Company’s receipt of your written notice shall be , by withholding Option shares having a fair market value on the date of exercisewithholding equal to the minimum amount (and not any greater amount) required to be withheld for tax purposes, all in accordance with such procedures as the Committee establishes. As soon as practicable after receipt of such written notification and payment and satisfaction of the Option Price together with any applicable tax withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged)requirements, the Company shall issue or transfer to you, when applicable, the number of Shares with respect to which such Options shall be so exercised and not sold. However, if the Option Price is satisfied by certification of previously acquired Shares, the Company shall issue or transfer to you a number of Shares equal to the number of Shares with respect to which the Options are exercised less the number to which you have certified ownership. Upon receipt of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged), the Company shall deliver to you either a certificate or certificates for such shares or evidence of book entry of such Shares or, upon registered in your request, Share certificates in an appropriate amount based upon the number of Shares purchased under the Optionname.

How to Exercise. The Generally, the Options hereby granted shall will be exercised through a broker-assisted cashless exercise (as described below) by written notice to M▇▇▇▇▇▇ (1) accessing Employee Stock Plans in your E*TRADE account at ▇▇▇▇▇▇▇ .▇▇▇; and/or (2) calling E*TRADE’s Employee Stock Plans Customer Service at 1-800-838-0908. If you wish to exercise options through a method other than through a broker-assisted “cashless exercise” (i.e., a cash or stock purchase) you may do so by (1) contacting E*TRADE at the telephone number or website address above; or (2) contacting the Company’s executive offices, 3▇▇▇ ▇▇▇▇ ▇Stock Option Coordinator (currently ▇▇▇▇▇ Land) at ▇▇▇-▇▇▇, ▇▇▇▇▇, -▇▇▇▇ ▇▇▇▇▇, or such other administrator, and submitting a written notice (in the form provided by the Company on the date of exercise) specifying the number of Shares shares you then desire to purchasepurchase accompanied by full payment in cash, together with a check payable to the order shares of stock of the Company previously acquired by you (which shares may be delivered by attestation or actual delivery of one or more certificates), or any combination thereof, for an amount in United States dollars equal to the Option Price applicable Exercise Price, plus any applicable tax withholding amount; provided, however, that if shares of stock are used for this purpose, such Shares or, delivery (or certification of ownership) of nonforfeitable, unrestricted Shares (that shares must have been held by you for at least six (6) months prior such period of time, if any, as necessary to delivery (or certification avoid the recognition of ownership) or that have been purchased in an expense under generally accepted accounting principles as a result of the open market) having an aggregate Fair Market Value (exercise of the Options. The fair market value of the surrendered shares of stock as of the last trading day immediately prior to the exercise date shall be used in valuing and shares used in payment of exercise) equal to such Option Price, or a combination of cash and such Shares. The requirement of paying the Option Price or applicable tax withholding amounts. To the extent permitted under Regulation T of the Federal Reserve Board, and subject to applicable securities laws and at the discretion of Compensation and Incentives Committee, the Option may be exercised through a broker in a so-called “cashless exercise” whereby the broker sells the Option shares and delivers cash sales proceeds to the Company in payment of the exercise price. In such case, the date of exercise shall be deemed satisfied if you make arrangements that are satisfactory to the Company with a broker that is a member of the National Association of Securities Dealers, Inc. to sell on the exercise date a sufficient number of Shares that are being purchased pursuant to the exercise, so that the net proceeds of the sale transaction will at least equal the amount of the aggregate Option Price plus payment of any applicable withholding taxes, and pursuant to which the broker undertakes to deliver to the Company the amount of the aggregate Option Price plus payment of any applicable withholding taxes on a date satisfactory to the Company, but not later than be the date on which the sale transaction will settle in the ordinary course of business. The notice of exercise is received by the Company and the exercise price shall also specify how be delivered to the Company on the settlement date. Notwithstanding the above, the Company has the authority and the right to deduct or withhold an amount sufficient to satisfy federal, state, and local taxes (including any applicable tax FICA obligation) required by law to be withheld with respect to any taxable event arising as a result of the exercise of the Option. Such withholding will requirement may be satisfied. The date , in whole or in part, at the election of the Company’s receipt of your written notice shall be , by withholding Option shares having a fair market value on the date of exercisewithholding equal to the minimum amount (and not any greater amount) required to be withheld for tax purposes, all in accordance with such procedures as the Committee establishes. As soon as practicable after receipt of such written notification and payment and satisfaction of the Option Price together with any applicable tax withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged)requirements, the Company shall issue or transfer to you, when applicable, the number of Shares with respect to which such Options shall be so exercised and not sold. However, if the Option Price is satisfied by certification of previously acquired Shares, the Company shall issue or transfer to you a number of Shares equal to the number of Shares with respect to which the Options are exercised less the number to which you have certified ownership. Upon receipt of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged), the Company shall deliver to you either a certificate or certificates for such shares or evidence of book entry of such Shares or, upon registered in your request, Share certificates in an appropriate amount based upon the number of Shares purchased under the Optionname.

How to Exercise. The Options hereby granted shall be exercised by written notice to M▇▇▇▇▇▇ ▇▇▇▇▇▇▇ at the Company’s executive offices, 3▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, or such other administrator, specifying the number of Shares you then desire to purchase, together with a check payable to the order of the Company for an amount in United States dollars equal to the Option Price of such Shares or, delivery (or certification of ownership) of nonforfeitable, unrestricted Shares (that have been held by you for at least six (6) months prior to delivery (or certification of ownership) or that have been purchased in the open market) having an aggregate Fair Market Value (as of the date of exercise) equal to such Option Price, or a combination of cash and such Shares. The requirement of paying the Option Price in cash shall be deemed satisfied if you make arrangements that are satisfactory to the Company with a broker that is a member of the National Association of Securities Dealers, Inc. to sell on the exercise date a sufficient number of Shares that are being purchased pursuant to the exercise, so that the net proceeds of the sale transaction will at least equal the amount of the aggregate Option Price plus payment of any applicable withholding taxes, and pursuant to which the broker undertakes to deliver to the Company the amount of the aggregate Option Price plus payment of any applicable withholding taxes on a date satisfactory to the Company, but not later than the date on which the sale transaction will settle in the ordinary course of business. The notice of exercise shall also specify how any applicable tax withholding will be satisfied. The date of the Company’s receipt of your written notice shall be the date of exercise. As soon as practicable after receipt of such written notification and payment of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged)Price, the Company shall issue or transfer to you, the number of Shares with respect to which such Options shall be so exercised and not sold. However, if the Option Price is satisfied by certification of previously acquired Shares, the Company shall issue or transfer to you a number of Shares equal to the number of Shares with respect to which the Options are exercised less the number to which you have certified ownership. Upon receipt of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged)Price, the Company shall deliver to you evidence of book entry Shares or, upon your request, Share certificates in an appropriate amount based upon the number of Shares purchased under the Option.

How to Exercise. The Once vested, the Options hereby granted shall be exercised by written notice to M▇▇▇▇▇▇ ▇▇▇▇▇▇▇ at the Company’s executive offices, 3▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, Chief Financial Officer (CFO) or such other administratoradministrator as may be designated by the CFO, specifying the number of Shares you subject to this Option that the Participant then desire desires to purchase, together with a check exercise. The Option Price upon exercise of these Options shall be payable to the order Company in full either: (a) in cash or its equivalent (acceptable cash equivalents shall be determined at the sole discretion of the Company for an amount in United States dollars equal to the Option Price of such Committee but shall include a certified check); or (b) by tendering previously acquired Shares or, delivery (or certification of ownership) of nonforfeitable, unrestricted Shares (that have been held by you for at least six (6) months prior to delivery (or certification of ownership) or that have been purchased in the open market) having an aggregate Fair Market Value (as at the time of the date of exercise) exercise equal to such the total Option Price (provided that the Shares which are tendered must have been held by the Participant for at least six months prior to their tender to satisfy the Option Price, ); or (c) by a combination of cash (a) and such Shares(b). The requirement of paying the Option Price in cash shall be deemed satisfied if you make arrangements that are satisfactory Subject to the Company with a broker that is a member approval of the National Association of Securities DealersCommittee, Inc. the Participant may be permitted to sell on the exercise date a sufficient number of Shares that are being purchased pursuant to the a “cashless exercise” procedure, so that the net proceeds of the sale transaction will at least equal the amount of the aggregate Option Price plus payment of as permitted under Federal Reserve Board’s Regulation T, subject to securities law restrictions, or by any applicable withholding taxes, and pursuant to other means which the broker undertakes Committee, in its sole discretion, determines to deliver to be consistent with the Company the amount of the aggregate Option Price plus payment of any Plan’s purpose and applicable withholding taxes on a date satisfactory to the Company, but not later than the date on which the sale transaction will settle in the ordinary course of business. The notice of exercise shall also specify how any applicable tax withholding will be satisfied. The date of the Company’s receipt of your written notice shall be the date of exerciselaw. As soon promptly as practicable after receipt of such written notification notice and payment of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory to the Company have been arranged)upon exercise, the Company shall issue cause to be issued and delivered to the Participant or transfer his or her legal representative, as the case may be, certificates for the Shares so purchased. The Share certificates shall be issued in the Participant’s name (or, at the discretion of the Participant, jointly in the names of the Participant and the Participant’s spouse). The Company shall maintain a record of all information pertaining to youthe Participant’s rights under this Agreement, including the number of Shares with respect to which such Options shall be so exercised and not sold. However, if the Option Price is satisfied by certification of previously acquired Shares, the Company shall issue or transfer to you a number of Shares equal to the number of Shares with respect to for which the Options are exercised less the number to which you have certified ownershipexercisable. Upon receipt If all of the Option Price together with any applicable withholding taxes (or provisions for the payment of such withholding taxes that are satisfactory Options granted pursuant to this Agreement have been exercised, this Agreement shall be returned to the Company have been arranged), the Company shall deliver to you evidence of book entry Shares or, upon your request, Share certificates in an appropriate amount based upon the number of Shares purchased under the Optionand canceled.