Common use of Manner of Exercise and Payment Clause in Contracts

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice of exercise to the Company, at its principal executive office. Such notice shall be signed by the Participant and shall state that the Participant is electing to exercise the Option and the number of shares in respect of which the Option is being exercised.

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice of exercise to the Company, at its principal executive office. Such notice shall be signed by the Participant and shall state that the Participant Optionee is electing to exercise the Option and the number of shares Option Shares in respect of which the Option is being exercisedexercised and shall be signed by the person or persons exercising the Option. Such person or persons shall deliver this Agreement to the Secretary of the Company, who shall endorse thereon a notation of such exercise.

Manner of Exercise and Payment. 5.1 (a) Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option Options may be exercised by delivery of written notice of exercise to the Company, at its principal executive office. Such notice shall be signed Company in the manner prescribed in Section 2.3.5 of the Plan and as otherwise set forth by the Participant and shall state that the Participant is electing Committee from time to exercise time. Any exercisable portion of the Option and or the number of shares entire Option, if then wholly exercisable, may be exercised in respect of which the Option is being exercisedwhole or in part, provided that partial exercise will be for whole Shares only.