Common use of Method of Exercise of Option Clause in Contracts

Method of Exercise of Option. The Option shall be exercisable by the delivery to the Corporation of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted by Section 2.2 of the Plan for the full purchase price of the shares to be purchased, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of the Plan.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Meade Instruments Corp), Nonqualified Stock Option Agreement (Meade Instruments Corp), Nonqualified Stock Option Agreement (Meade Instruments Corp)

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Method of Exercise of Option. The Option shall be exercisable by the delivery to the Corporation of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted by Section 2.2 of the Plan for the full purchase price of the shares to be purchased, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of the Plan.made

Appears in 4 contracts

Samples: Consultant Nonqualified Stock Option Agreement (Primadonna Resorts Inc), Combination Employee Incentive (Primadonna Resorts Inc), Nonqualified Stock Option Agreement (Primadonna Resorts Inc)

Method of Exercise of Option. The To the extent exercisable, the Option shall may be exercisable exercised by the delivery to the Corporation Company of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted cash or by Section 2.2 check payable to the order of the Plan for Company in the full amount of the purchase price of the shares and amounts required to satisfy applicable withholding taxes. Other payment methods may be purchased, subject permitted only if expressly authorized by the Administrator with respect to such further limitations and rules this Option or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of all options under the Plan.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (International Rectifier Corp /De/), Nonqualified Stock Option Agreement (International Rectifier Corp /De/), Nonqualified Stock Option Agreement (International Rectifier Corp /De/)

Method of Exercise of Option. The Option shall be exercisable by the delivery to the Corporation of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted by Section 2.2 8.3 of the Plan for the full purchase price of the shares to be purchased, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of the Plan.

Appears in 3 contracts

Samples: Non Employee Director Nonqualified Stock Option Agreement (Meade Instruments Corp), Non Qualified Stock Option Agreement (Meade Instruments Corp), Nonqualified Stock Option Agreement (Meade Instruments Corp)

Method of Exercise of Option. The To the extent exercisable, the Option shall may be exercisable exercised by the delivery to the Corporation Company of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted cash or by Section 2.2 check payable to the order of the Plan for Company in the full amount of the purchase price of the shares and any amounts required to satisfy applicable withholding taxes. Other payment methods may be purchasedpermitted only if expressly authorized by the Administrator with respect to this Option or all options under the Plan, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of consistent with Section 6.5 2.2.2 of the Plan.

Appears in 3 contracts

Samples: Option Agreement (International Rectifier Corp /De/), Option Agreement (International Rectifier Corp /De/), Option Agreement (International Rectifier Corp /De/)

Method of Exercise of Option. The Option shall be exercisable by the delivery to the Secretary of the Corporation of a written notice stating the number of shares Shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted by Section 2.2 2.2.2 of the Plan for the full purchase price of the shares Shares to be purchased, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of the Plan.4.5

Appears in 2 contracts

Samples: Option Plan Incentive Stock Option Agreement (Macneal Schwendler Corp), Nonqualified Stock Option Agreement (Macneal Schwendler Corp)

Method of Exercise of Option. The To the extent exercisable, the Option shall may be exercisable exercised by the delivery to the Corporation Company of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted cash or by Section 2.2 check payable to the order of the Plan for Company in the full amount of the purchase price of the shares and amounts required to satisfy applicable withholding taxes. Other payment methods may be purchased, subject permitted only if expressly authorized by the Administrator with respect to such further limitations and rules this Option or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of all options under the Plan.

Appears in 2 contracts

Samples: Employee Nonqualified Stock Option Agreement (International Rectifier Corp /De/), Employee Nonqualified Stock Option Agreement (International Rectifier Corp /De/)

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Method of Exercise of Option. The Option shall be exercisable by the delivery to the Corporation of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted by Section 2.2 of the Plan for the full purchase price of the shares to be purchased, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of the Plan.made:

Appears in 1 contract

Samples: Stock Option Agreement (Financial Pacific Insurance Group Inc)

Method of Exercise of Option. The Option shall be exercisable by the delivery to the Corporation of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted by Section 2.2 of the Plan for the full purchase price of the shares to be purchased, subject to such further limitations and rules or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as acceptable to the tax withholding requirements of Section 6.5 of the Plan.Committee 1

Appears in 1 contract

Samples: Employee Incentive Stock Option Agreement (Golf Trust of America Inc)

Method of Exercise of Option. The To the extent exercisable, the Option shall may be exercisable exercised by the delivery to the Corporation Company of a written notice stating the number of shares to be purchased pursuant to the Option and accompanied by payment made in accordance with and in a form permitted cash or by Section 2.2 check payable to the order of the Plan for Company in the full amount of the purchase price of the shares and amounts required to satisfy applicable withholding taxes. Other payment methods may be purchased, subject permitted only if expressly authorized by the Administrator with respect to such further limitations and rules this option or procedures as the Board or Committee may from time to time establish as to any non-cash payment and as to the tax withholding requirements of Section 6.5 of all options under the Plan.

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (International Rectifier Corp /De/)

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