Common use of Method of Exercise and Payment Clause in Contracts

Method of Exercise and Payment. You may exercise the Option by delivering an exercise notice in a form approved by the Company (the “Exercise Notice”). The Exercise Notice must state your election to exercise the Option, the number of Option Shares that are being purchased, and any other representations and agreements that may be required by the Company. Together with the Exercise Notice, you must tender payment of the aggregate Exercise Price for all Shares exercised and all applicable withholding and other taxes. The Option will be deemed to be exercised upon receipt by the Company of a fully executed Exercise Notice and payment of the aggregate Exercise Price and all applicable withholding and other taxes.

Appears in 6 contracts

Sources: Option Award Agreement (Loar Holdings, LLC), Inducement Option Award Agreement (Loar Holdings Inc.), Option Award Agreement (Oak Street Health, Inc.)

Method of Exercise and Payment. You may exercise the Option by delivering an exercise notice in a form approved by the Company (the “Exercise Notice”). The Exercise Notice must state your election to exercise the Option, the number of Option Shares that are being purchased, and any other representations and agreements that may be required by the Company. Together with the Exercise Notice, you must tender payment of the aggregate Exercise Purchase Price for all Shares exercised and all applicable withholding and other taxes. The Option will be deemed to be exercised upon receipt by the Company of a fully executed Exercise Notice and payment of the aggregate Exercise Purchase Price and all applicable withholding and other taxes.

Appears in 2 contracts

Sources: Option Award Agreement (HBT Financial, Inc.), Option Award Agreement (Ping Identity Holding Corp.)