Common use of Mechanics Clause in Contracts

Mechanics. This Option may be exercised by Grantee or any other person then entitled to exercise it by giving ten (10) days written notice of exercise to the Company specifying the number of Option Shares to be purchased and the total purchase price, accompanied by payment of such purchase price, in cash, by certified or cashier's check payable to the Company, or the tender of a promissory note for the purchase price, secured by a pledge of the Option Shares.

Mechanics. This Option may be exercised by the Grantee or any other --------- person then entitled to exercise it by giving ten (10) days days' written notice of exercise to the Company specifying the number of Option Shares shares to be purchased and the total purchase price, accompanied by payment of such purchase price, in cash, cash or by certified or cashier's check payable to the Company, or the tender of a promissory note for the purchase price, secured by a pledge of the Option Shares.

Mechanics. This Option may be exercised by the Grantee or any --------- other person then entitled to exercise it by giving ten (10) days days' written notice of exercise to the Company specifying the number of Option Shares shares to be purchased and the total purchase price, accompanied by payment of such purchase price, in cash, cash or by certified or cashier's check payable to the Company, or the tender of a promissory note for the purchase price, secured by a pledge of the Option Shares.