Common use of Manner of Exercise Clause in Contracts

Manner of Exercise. To the extent vested, the Option may be exercised, in whole or in part, by delivering written notice to the Company in accordance with paragraph (f) of Section 8 in such form as the Company may require from time to time, or through such other means as permitted by the Company. Such notice shall specify the number of Shares subject to the Option as to which the Option is being exercised, and shall be accompanied by full payment of the Exercise Price of such Shares in a manner permitted under the terms of Section 5.5 of the Plan, except that payment with previously acquired Shares may only be made with the consent of the Committee. The Option may be exercised only in multiples of whole Shares and no partial Shares shall be issued.

Appears in 26 contracts

Samples: Incentive Stock Option Grant Agreement for Employees (Arena Pharmaceuticals Inc), Incentive Stock Option Grant Agreement for Employees (Arena Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Arena Pharmaceuticals Inc)

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Manner of Exercise. To the extent vested, the Option may be exercised, in whole or in part, by delivering written notice to the Company in accordance with paragraph (fg) of Section 8 in such form as the Company may require from time to time, or through such other means as permitted by time (the Company“Exercise Notice”). Such notice Exercise Notice shall specify the number of Shares subject to the Option as to which the Option is being exercised, and shall be accompanied by full payment of the Exercise Price of such Shares in a manner permitted under the terms of Section 5.5 of the Plan, except that payment with previously acquired Shares may only be made with the consent of the Committee. The Option may be exercised only in multiples of whole Shares and no partial fractional Shares shall be issued.

Appears in 17 contracts

Samples: Incentive Stock Option Grant Agreement (Mast Therapeutics, Inc.), Incentive Stock Option Grant Agreement (Mast Therapeutics, Inc.), Cmo Incentive Stock Option Grant Agreement (Mast Therapeutics, Inc.)

Manner of Exercise. To the extent vested, the Option may be exercised, in whole or in part, by delivering written notice to the Company in accordance with paragraph (fg) of Section 8 in such form as the Company may require from time to time, or through such other means as permitted by the Company. Such notice shall specify the number of Shares subject to the Option as to which the Option is being exercised, and shall be accompanied by full payment of the Exercise Price of such Shares in a manner permitted under the terms of Section 5.5 of the Plan, except that payment with previously acquired Shares may only be made with the consent of the Committee. The Option may be exercised only in multiples of whole Shares and no partial fractional Shares shall be issued.

Appears in 13 contracts

Samples: Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc), Incentive Stock Option Grant Agreement (Adventrx Pharmaceuticals Inc)

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Manner of Exercise. To the extent vested, the Option may be exercised, in whole or in part, by delivering written notice to the Company in accordance with paragraph (f) of Section 8 in such form as the Company may require from time to time, or through such other means as permitted by the Company. Such notice shall specify the number of Shares subject to the Option as to which the Option is being exercised, and shall be accompanied by full payment of the Exercise Price of such Shares in a manner permitted under the terms of Section 5.5 of the Plan, except that payment with previously acquired Shares may only be made with the consent of the Committee. The Option may be exercised only in multiples of whole Shares and no partial Shares shall be issued.

Appears in 3 contracts

Samples: Incentive Stock Option Grant Agreement (Arena Pharmaceuticals Inc), Stock Option Grant Agreement (Arena Pharmaceuticals Inc), Stock Option Grant Agreement Director (Arena Pharmaceuticals Inc)

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