Common use of Method and Time of Exercise Clause in Contracts

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federal, state and local withholding taxes, and the written statement provided for in Paragraph 10 hereof, if required by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time. Only whole shares may be purchased.

Appears in 10 contracts

Samples: National Quality (National Quality Care Inc), Nonqualified Stock Option Agreement (National Quality Care Inc), Nonqualified Stock Option Agreement (National Quality Care Inc)

AutoNDA by SimpleDocs

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federal, state and state, local or foreign withholding taxes, and the written statement provided for in Paragraph 10 hereof, if required by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time. Only whole shares may be purchased.

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (Photomedex Inc), Nonqualified Stock Option Agreement (Photomedex Inc), Nonqualified Stock Option Agreement (Photomedex Inc)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federal, state and local withholding taxes, or against amounts owing by the Company to Optionee, as the case may be, and the written statement provided for in Paragraph 10 hereof, if required by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time. Only whole shares may be purchased.

Appears in 3 contracts

Samples: Global Telemedia (Global Telemedia International Inc), Global Telemedia (Global Telemedia International Inc), Global Telemedia (Global Telemedia International Inc)

Method and Time of Exercise. The Option may be exercised in whole or In part by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federalFederal, state and local withholding taxes, taxes and the any written statement required by Paragraph 8, provided for that the Optionee shall be entitled to pay all or part of the exercise price by cancellation in Paragraph 10 hereoffull of indebtedness owed to the Optionee, if required any, by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is Company for services which have been rendered by the total number purchasable under such Option at Optionee to the time. Only whole shares may be purchasedCompany.

Appears in 3 contracts

Samples: Stock Option Agreement (Passport Brands, Inc), Stock Option Agreement (Passport Brands, Inc), Amended Stock Option Agreement (Passport Brands, Inc)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federal, state and local withholding taxes, and the written statement provided for in Paragraph 10 8 hereof, if required by such Paragraph 108. Not less No fewer than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time. Only whole shares may be purchased.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (National Quality Care Inc), Nonqualified Stock Option Agreement (National Quality Care Inc)

Method and Time of Exercise. The Option may be exercised in whole or in part by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federalFederal, state and local withholding taxes, taxes and the any written statement required by Paragraph 8, provided for that the Optionee shall be entitled to pay all or part of the exercise price by cancellation in Paragraph 10 hereoffull of indebtedness owed to the Optionee, if required any, by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is Company for services which have been rendered by the total number purchasable under such Option at Optionee to the time. Only whole shares may be purchasedCompany.

Appears in 1 contract

Samples: Stock Option Agreement (Passport Brands, Inc)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company Xxxx stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company Xxxx in the amount of the purchase price of such shares plus and a check made payable to the Company in the amount of applicable federal, state state, and local withholding taxes, taxes and the written statement provided for in Paragraph 10 13 hereof, if required by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable purchased under such Option at the time. Only whole shares may be purchased.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Amerigon Inc)

AutoNDA by SimpleDocs

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company Xxxx stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company Xxxx in the amount of the purchase price of such shares plus and a check made payable to the Company in the amount of applicable federal, state and local withholding taxes, taxes and the written statement provided for in Paragraph 10 13 hereof, if required by such Paragraph 1013. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time. Only whole shares may be purchased.

Appears in 1 contract

Samples: Stock Option Agreement (Amerigon Inc)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount and/or upon waiver of the purchase exercise price of such shares as provided herein, plus the amount of applicable federal, state and local withholding taxes, taxes and the written statement provided for in Paragraph 10 9 hereof, if required by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time9. Only whole shares may be purchased.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (National Quality Care Inc)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company stating the number of shares with respect to which the Option is being exercised, together with a check made payable to the Company in the amount of the purchase price of such shares plus the amount of applicable federal, state and local withholding taxes, and the written statement provided for in Paragraph 10 8 hereof, if required by such Paragraph 10. Not less than 100 shares may be purchased at any one time unless the number purchased is the total number purchasable under such Option at the time8. Only whole shares may be purchased.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Columbia Capital Corp/Tx/)

Time is Money Join Law Insider Premium to draft better contracts faster.