Common use of Manner of Exercise of Option Clause in Contracts

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for paid-up, non- assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 27 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

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Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 17 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the 2001 Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty fifteen (3015) and not more than ninety forty-five (9045) days from the date of receipt of the notice by the Company.

Appears in 5 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for paid-paid- up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 3 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for of paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating stat ing the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

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Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the 2000 Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty fifteen (3015) and not more than ninety forty-five (9045) days from the date of receipt of the notice by the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised and accompanied by payment in full FULL for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty (30) and not more than ninety (90) days from the date of receipt of the notice by the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Life Medical Sciences Inc)

Manner of Exercise of Option. (a) To the extent that the right to exercise the Option has accrued and is in effect, the Option may be exercised in full or in part by giving written notice to the Company stating the number of Shares as to which the Option is being exercised exer-cised and accompanied by payment in full for such Shares. No partial exercise may be made for less than one hundred (100) full Shares of Common Stock. Payment shall be made in accordance with the terms of the 2006 Plan. Upon such exercise, delivery of a certificate for paid-up, non- non-assessable Shares shall be made at the principal office of the Company to the person exercising the Option, not less than thirty fifteen (3015) and not more than ninety forty-five (9045) days from the date of receipt of the notice by the Company.

Appears in 1 contract

Samples: Stock Option Agreement (SyntheMed, Inc.)

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