Common use of Limitations on Forms of Consideration Clause in Contracts

Limitations on Forms of Consideration. The Company reserves, at any and all times, the right, in the Company’s sole and absolute discretion, to establish, decline to approve or terminate any program or procedure providing for payment of the Exercise Price through any of the means described below, including with respect to the Participant notwithstanding that such program or procedures may be available to others.

Appears in 62 contracts

Samples: Stock Option Agreement (Facet Biotech Corp), Performance Stock Option Agreement (Kadmon Holdings, Inc.), Stock Option Agreement (LDR Holding Corp)

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Limitations on Forms of Consideration. The Company reserves, at any and all times, the right, in the Company’s sole and absolute discretion, to establish, decline to approve or terminate any program or procedure providing for payment of the Exercise Price through any of the means described below, including with respect to the Participant notwithstanding that such program or procedures may be available to others. Any determination by the Company with respect to whether to permit the withholding or tendering of shares of Stock to satisfy the Exercise Price shall be made by the Committee if the Participant is subject to Section 16 of the Exchange Act.

Appears in 6 contracts

Samples: Option Agreement (AEye, Inc.), Stock Option Agreement (Navitas Semiconductor Corp), Stock Option Agreement (Lightning eMotors, Inc.)

Limitations on Forms of Consideration. The Company reserves, at any and all times, the right, in the Company’s sole and absolute discretion, to establish, decline to approve or terminate any program or procedure providing for payment of the Option Exercise Price through any of the means described belowabove, including with respect to the Participant Grantee notwithstanding that such program or procedures may be available to others.

Appears in 4 contracts

Samples: Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.), Incentive Stock Option Award Agreement (Super Micro Computer, Inc.), Incentive Stock Option Award Agreement (Super Micro Computer, Inc.)

Limitations on Forms of Consideration. The Company reserves, at any and all times, the right, in the Company’s 's sole and absolute discretion, to establish, decline to approve or terminate any program or procedure providing for payment of the Exercise Price through any of the means described below, including with respect to the Participant notwithstanding that such program or procedures may be available to others.

Appears in 2 contracts

Samples: Stock Option Agreement (Zeltiq Aesthetics Inc), Stock Option Agreement (Cytori Therapeutics, Inc.)

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Limitations on Forms of Consideration. The Company reserves, at any and all times, the right, in the Company’s sole and absolute discretion, to establish, decline to approve or terminate any program or procedure providing for payment of the Exercise Price through any of the means described below, including with respect to the Participant notwithstanding that such program or procedures may be available to others.

Appears in 1 contract

Samples: Stock Option Agreement (Alpha Teknova, Inc.)

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