Method of Exercise of Options. (a) To the extent then exercisable, Holder may exercise the Options in whole or in part; except that no single exercise of Options may be for less than 100 Option Shares, unless at the time of the exercise, the maximum number of Option Shares available for purchase under the Options is less than 100 Option Shares. In no event are the Options to be exercised for a fractional share of Common Stock.
Appears in 16 contracts
Samples: Nonqualified Stock Option Agreement (Key Mining Corp.), Nonqualified Stock Option Agreement (Key Mining Corp.), Nonqualified Stock Option Agreement (Key Mining Corp.)