Common use of Method of Exercise of Options Clause in Contracts

Method of Exercise of Options. Subject to the terms and ----------------------------- conditions of this Agreement, the Options shall be exercisable by notice (an "Exercise Notice") and payment to the Company in accordance with the procedure set forth herein; provided, that the aggregate Exercise Price with respect to -------- any one such exercise shall not be less than $10,000, unless such exercise represents an exercise of all Options that are vested and exercisable as of the date of such exercise. Partial shares may not be exercised. If the Employee fails to accept delivery of and pay for all or any part of the number of shares specified in the Exercise Notice upon tender or delivery thereof, his or her right to exercise the Options with respect to such undelivered shares may be terminated, in the sole discretion of the Committee.

Method of Exercise of Options. (a) Subject to the ------------------------------ terms and ----------------------------- conditions of this Agreement, the Options shall be exercisable by notice (an "Exercise NoticeNo xxxx") and payment to the Company in accordance with the procedure set forth herein; provided, that the aggregate Exercise Price -------- with respect to -------- any one such exercise shall not be less than $10,000, unless such exercise represents an exercise of all Options that are vested and exercisable as of the date of such exercise. Partial shares may not be exercised. If the Employee fails to accept delivery of and pay for all or any part of the number of shares specified in the Exercise Notice upon tender or delivery thereof, his or her right to exercise the Options with respect to such undelivered shares may be terminated, in the sole discretion of the Committee.

Method of Exercise of Options. (a) Subject to the ------------------------------ terms and ----------------------------- conditions of this Agreement, the Options shall be exercisable by notice (an "Exercise NoticeNo xxxx") and payment to the Company in accordance with the procedure set forth herein; provided, that the aggregate Exercise Price with respect to -------- any one such exercise shall not be less than $10,000, unless such exercise represents an exercise of all Options that are vested and exercisable as of the date of such exercise. Partial shares may not be exercised. If the Employee fails to accept delivery of and pay for all or any part of the number of shares specified in the Exercise Notice upon tender or delivery thereof, his or her right to exercise the Options with respect to such undelivered shares may be terminated, in the sole discretion of the Committee.

Method of Exercise of Options. (a) Subject to the terms ------------------------------ and ----------------------------- conditions of this Agreement, the Options shall be exercisable by notice (an "Exercise NoticeNo xxxx") and payment to the Company in accordance with the procedure set forth herein; provided, that the aggregate Exercise Price with respect to -------- any one such exercise shall not be less than $10,000, unless such exercise represents an exercise of all Options that are vested and exercisable as of the date of such exercise. Partial shares may not be exercised. If the Employee fails to accept delivery of and pay for all or any part of the number of shares specified in the Exercise Notice upon tender or delivery thereof, his or her right to exercise the Options with respect to such undelivered shares may be terminated, in the sole discretion of the Committee.

Method of Exercise of Options. (a) Subject to the ------------------------------ terms and ----------------------------- conditions of this Agreement, the Options shall be exercisable by notice (an "Exercise NoticeNo xxxx") and payment to the Company in accordance with the procedure set forth herein; provided, that the aggregate Exercise Price with -------- respect to -------- any one such exercise shall not be less than $10,000, unless such exercise represents an exercise of all Options that are vested and exercisable as of the date of such exercise. Partial shares may not be exercised. If the Employee fails to accept delivery of and pay for all or any part of the number of shares specified in the Exercise Notice upon tender or delivery thereof, his or her right to exercise the Options with respect to such undelivered shares may be terminated, in the sole discretion of the Committee.