Common use of Method of Exercising Option Clause in Contracts

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the Company, at the principal executive office of the Company, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised, pursuant to the terms hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the Company, at the principal executive office of the Company, Company or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase exercise price of such shares, shares or such other documents as is necessary to effect payment evidence of satisfaction of the exercise price as alternative payment methods set forth herein on Section 7, and the Company shall deliver a certificate or certificates representing such shares Shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and (or, if this option shall be delivered as provided above to or upon exercised by the written order of Optionee and if the person or persons Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option the Option may be exercised by written notice to the Company, at its administrative office in the principal executive office State of the CompanyCalifornia (attention: Chief Financial Officer), or to such transfer agent as the Company shall designatewhich presently is located at 00000 Xxx Xxxxxx Xxxxxx, Suite 450, Irvine, California 92612. Such notice shall state the election to exercise this option the Option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this optionthe Option. Such notice shall be accompanied by payment of the full purchase exercise price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing the shares subject to such shares exercise as soon as practicable after the notice shall be received. The certificate or certificates for the shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option the Option and shall be delivered as provided above to or upon the written order of the person or persons exercising this optionthe Option. In the event this option the Option shall be exercised, pursuant to the terms hereof, exercised by any person or persons other than the OptioneeOptionee in accordance with the terms hereof, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this optionthe Option. All shares that shall be purchased upon the exercise of this option the Option as provided herein shall be fully paid and non-assessable. The holder of the Option shall not be entitled to the privileges of share ownership as to any shares of Common Stock not actually issued and delivered to him.

Method of Exercising Option. Subject to the terms and conditions ----------------------------- of this Agreement, this option may be exercised by written notice to the Company, Company at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and (or, if this option shall be delivered as provided above to or upon exercised by the written order of Employee and if the person or persons Employee shall so request in the notice exercising this option, shall be registered in the name of the Employee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the OptioneeEmployee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the Company, at the principal executive office of the Company, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised, pursuant to the terms Article 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the Company, at the principal executive office of the Company, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and (or, if this option shall be delivered as provided above to or upon exercised by the written order of Optionee and if the person or persons Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to the terms Section 5 or Section 10 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this --------------------------- Option Agreement, this option the Option may be exercised by upon written notice to the Company, at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designatewhich is located at 3331 Street Road, 0 Xxxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxxxx 00000. Such notice (a suggested from of which is attached as Exhibit A) shall state the election to exercise this option the Option and the number of shares in with respect of to which it is being exercised and exercised; shall be signed by the person or persons Optionee; shall, if the Company so exercising this option. Such notice requests, be accompanied by the investment certificate referred to in Paragraph 6 hereof; and shall be accompanied by payment of the full purchase Option price of such shares, or such other documents as is necessary . The Option price shall be paid to effect payment of the exercise price as set forth herein and the Company in cash. Upon receipt of such notice and payment, the Company, as promptly as practicable, shall deliver or cause to be delivered a certificate or certificates representing such the shares as soon as practicable after with respect to which the notice shall be receivedOption is so exercised. The certificate cerificate or certificates for the shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option Option and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised, pursuant to the terms hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option the Option as provided herein shall be fully paid and non-assessableassessable by the Company.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option Option may be exercised by written notice notice, given in writing or by an approved form of electronic transmission, to the Company, Company at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option Option and the number of shares in respect Option Shares which have vested at the time of delivery of such notice and which it is are being exercised and and, if in writing, shall be signed by the person or persons so exercising this optionOption. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be and the full purchase price have been received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and Option (or, if this Option shall be delivered as provided above to or upon exercised by the written order Optionee and if the Optionee shall so request in the notice exercising this Option, shall be registered in the name of the Optionee and another person or persons exercising this optionjointly, with right of survivorship). In the event this option Option shall be exercised, exercised pursuant to the terms hereof, these Terms and Conditions by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessableOption.

Method of Exercising Option. Subject to the terms and conditions --------------------------- of this Agreement, this option may be exercised by written notice to the Company, at the principal executive office of the Company, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and (or, if this option shall be delivered as provided above to or upon exercised by the written order of Optionee and if the person or persons Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option Option may be exercised by written notice to the Company, at the principal executive office of the Company, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option Option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this optionOption. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and Option (or, if this Option shall be delivered as provided above to or upon exercised by the written order Optionee and if the Optionee shall so request in the notice exercising this Option, shall be registered in the name of the Optionee and another person or persons exercising this optionjointly, with right of survivorship). In the event this option Option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessableOption.

Method of Exercising Option. Subject to the terms and conditions of this --------------------------- Option Agreement, this option the Option may be exercised by upon written notice to the Company, at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designatewhich is located at 3331 Street Road, 0 Xxxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxxxx 00000. Such notice (a suggested form of which is attached as Exhibit A) shall state the election to exercise this option the Option and the number of shares in with respect of to which it is being exercised and exercised; shall be signed by the person or persons Optionee; shall, if the Company so exercising this option. Such notice requests, be accompanied by the investment certificate referred to in Paragraph 6 hereof; and shall be accompanied by payment of the full purchase Option price of such shares, or such other documents as is necessary . The Option price shall be paid to effect payment of the exercise price as set forth herein and the Company in cash. Upon receipt of such notice and payment, the Company, as promptly as practicable, shall deliver or cause to be delivered a certificate or certificates representing such the shares as soon as practicable after with respect to which the notice shall be receivedOption is so exercised. The certificate or certificates for the shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option Optionee and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised, pursuant to the terms hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option the Option as provided herein shall be fully paid and non-assessableassessable by the Company.

Method of Exercising Option. Subject to the terms and conditions of --------------------------- this Agreement, this option may be exercised by written notice to the Company, at the principal executive office of the Company, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option(or, if this option and shall be delivered as provided above to or upon exercised by the written order of Optionee and if the person or persons Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option such Option may be exercised by written notice to the Company, Company at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option such Option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this optionsuch Option. Such notice shall be accompanied by payment of the full purchase price of such sharesOption Shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares Option Shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and such Option (or, if such Option shall be delivered as provided above to or upon exercised by the written order Employee and if the Employee shall so request in the notice exercising such Option, shall be registered in the name of the Employee and another person or persons exercising this optionjointly, with right of survivorship). In the event this option such Option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the OptioneeEmployee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessablesuch Option.

Method of Exercising Option. (a) Subject to the terms and conditions of this Agreement, this option the Option may be exercised by written notice (the “Notice”) to the Company, at Compensation and Benefits Committee (the principal executive office of the Company, or to such transfer agent as the Company shall designate“Compensation Committee”). Such notice Notice shall state the election to exercise this option and the Option, the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this optionthe Option. Such notice shall be accompanied by payment of for such shares as described in subparagraph (b) below, in which event the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company Corporation shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be Notice and payment are received. The certificate or certificates for the shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option the Option and shall be delivered as provided above to to, or upon the written order of of, the person or persons exercising this optionOption. In the event this option the Option shall be exercised, pursuant to the terms subparagraph 5(a) hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this optionthe Option. All shares that shall be purchased upon the exercise of this option the Option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of --------------------------- this Option Agreement, this option the Option may be exercised by upon written notice to the Company, at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designatewhich is located at 3331 Street Road, 0 Xxxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxxxx 00000. Such notice (a suggested form of which is attached as Exhibit A) shall state the election to exercise this option the Option and the number of shares in with respect of to which it is being exercised and exercised; shall be signed by the person or persons Optionee; shall, if the Company so exercising this option. Such notice requests, be accompanied by the investment certificate referred to in Paragraph 6 hereof; and shall be accompanied by payment of the full purchase Option price of such shares, or such other documents as is necessary . The Option price shall be paid to effect payment of the exercise price as set forth herein and the Company in cash. Upon receipt of such notice and payment, the Company, as promptly as practicable, shall deliver or cause to be delivered a certificate or certificates representing such the shares as soon as practicable after with respect to which the notice shall be receivedOption is so exercised. The certificate or certificates for the shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option Optionee and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised, pursuant to the terms hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option the Option as provided herein shall be fully paid and non-assessableassessable by the Company.

Method of Exercising Option. Subject to the terms and conditions of --------------------------- this Agreement, this option the Options may be exercised by written notice to the Company, SEB at the principal executive office of the Company, or to such transfer agent as the Company shall designateaddress set forth below. Such notice shall state the election to exercise this option an Option(s) and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this optionthe Options. Such notice shall be accompanied by payment of the full purchase price Exercise Price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company SEB shall deliver a certificate or certificates representing such shares as soon as practicable after the notice such payment shall be received. The certificate or certificates for the shares as to which this option the Options shall have been so exercised shall be registered in the name of the person or persons so exercising this option the Options (or, if the Options shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising the Options, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this optionthe Options. In the event this option the Options shall be exercised, pursuant to the terms hereof, exercised by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this optionthe Options. All shares that shall be purchased upon the exercise of this option the Options as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions --------------------------- of this Agreement, this option may be exercised by written notice to the Company, Company at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option is exercised by the Employee and shall be delivered as provided above to or upon if the written order of Employee requests in the person or persons notice exercising this option, shall be registered in the name of the Employee and another person jointly, with right of survivorship). In the event this option shall be is exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the OptioneeEmployee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.

Method of Exercising Option. Subject to the terms and conditions of this Option Agreement, this option the Option may be exercised by written notice to the CompanyCompany at its main office, at the principal executive office of the Company000 Xxxxxx Xxxx Xxxxx, or to such transfer agent as the Company shall designateXxxxxx Xxxx, Xxx Xxxx, 00000. Such notice shall state the election to exercise this option the Option and the number of shares in Option Shares with respect of to which it is being exercised exercised, and shall be signed by the person or persons so exercising this optionOption. Such notice shall either (a) be accompanied by payment of the full purchase price of such sharesPurchase Price Option Shares, or (b) fix a date (not less than (5) nor more than ten (10) business days from the date such other documents as is necessary to effect notice shall be received by the Company) for the payment of the exercise price as set forth herein and full Purchase Price to the Company shall deliver Company, against delivery of a certificate or certificates representing such shares as soon as practicable after Option Shares. The Company shall deliver or cause to be delivered to the notice shall be receivedEmployee a certificate or certificates for the Option Shares then being purchased by the Employee. The certificate or certificates for the shares Option Shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option the Option and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised, pursuant to the terms hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this optionOption. All shares Option Shares that shall be purchased upon the exercise of this option the Option as provided herein shall be fully paid and non-assessablenonaccessible.

Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice notice, given in writing or by an approved form of electronic transmission, to the Company, Company at the its principal executive office of the Companyoffice, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of shares in respect Option Shares which have vested at the time of delivery of such notice and which it is are being exercised and and, if in writing, shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, or such other documents as is necessary to effect payment of the exercise price as set forth herein and the Company shall deliver a certificate or certificates representing such shares as soon as practicable after the notice shall be and the full purchase price have been received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option and (or, if this option shall be delivered as provided above to or upon exercised by the written order of Optionee and if the person or persons Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship). In the event this option shall be exercised, pursuant to the terms Section 5 hereof, by any person or persons other than the Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.