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 at its principal executive office stating (i) that Optionee has no plan to violate Section 16 in the future, (ii) that Optionee agrees to notify the Company within ten (10) days of a violation of Section 16 hereof, and (iii) the number of shares with respect to which the Option is being exercised, together with:

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (KwikClick, Inc.), Non Qualified Stock Option Agreement (Sigma Labs, Inc.), Incentive Stock Option Agreement (Sigma Labs, Inc.)

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Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company at its principal executive office stating (i) that Optionee is in compliance with the non-compete provisions of Section 16 hereof, (ii) that Optionee has no plan to violate Section 16 in the future, (iiiii) that Optionee agrees to notify the Company within ten (10) days of a violation of Section 16 hereof, and (iiiiv) the number of shares with respect to which the Option is being exercised, together with:

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Point.360), Non Qualified Stock Option Agreement (Point.360), Non Qualified Stock Option Agreement (Digital Theater Systems Inc)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company at its principal executive office stating (i) that Optionee is in compliance with the non-compete provisions of Paragraph 16 hereof, (ii) that Optionee has no plan to violate Section Paragraph 16 in the future, (iiiii) that Optionee agrees to notify the Company within ten (10) 10 days of a violation of Section Paragraph 16 hereof, and (iiiiv) the number of shares with respect to which the Option is being exercised, exercised together with:

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Optical Molecular Imaging, Inc), Incentive Stock Option Agreement (Duska Therapeutics, Inc.), Incentive Stock Option Agreement (Interactive Television Networks)

Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company at its principal executive office stating (i) that Optionee is in compliance with the non-compete provisions of Section 17 hereof, (ii) that Optionee has no plan to violate Section 16 17 in the future, (iiiii) that Optionee agrees to notify the Company within ten (10) 10 days of a violation of Section 16 17 hereof, and (iiiiv) the number of shares with respect to which the Option is being exercised, exercised together with:

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Point 360), Multimedia Nonqualified Stock Option Agreement (Point 360)

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Method and Time of Exercise. The Option may be exercised by written notice delivered to the Company at its principal executive office stating (i) that Optionee is in compliance with the non-compete provisions of Paragraph 16 hereof, (ii) that Optionee has no plan to violate Section Paragraph 16 in the future, (iiiii) that Optionee agrees to notify the Company within ten (10) days of a violation of Section Paragraph 16 hereof, and (iiiiv) the number of shares with respect to which the Option is being exercised, together with:

Appears in 1 contract

Samples: Incentive Stock Option Agreement (ImmunoCellular Therapeutics, Ltd.)

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