Common use of Minimum Exercise Clause in Contracts

Minimum Exercise. The minimum number of shares with respect to which this Option may be exercised at any one time is the lesser of Five Thousand (5,000) or the number of shares as to which this Option is then exercisable.

Appears in 3 contracts

Samples: Stock Option Agreement (Medical Care Technologies Inc.), Stock Option Agreement (Medical Care Technologies Inc.), Stock Option Agreement (Medical Care Technologies Inc.)

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Minimum Exercise. The minimum number of shares with respect to which this Option may be exercised at any one time is the lesser of Five Thousand (5,000( ) or the number of shares as to which this Option is then exercisable.

Appears in 3 contracts

Samples: Stock Option Agreement (Medical Care Technologies Inc.), Stock Option Agreement (Titan Oil & Gas, Inc.), Stock Option Agreement (Ranger Gold Corp.)

Minimum Exercise. The minimum number of shares with respect to which this Option may be exercised at any one time is the lesser of Five Ten Thousand (5,00010,000) or the number of shares as to which this Option is then exercisable.

Appears in 2 contracts

Samples: Stock Option Agreement (Medical Care Technologies Inc.), Stock Option Agreement (Medical Care Technologies Inc.)

Minimum Exercise. The minimum number of shares with respect to which this the Option may be exercised at any one time shall be 100 shares, unless the number purchased is the lesser total number available for purchase under the Option at the time of Five Thousand (5,000) or the number of shares as to which this Option is then exercisableexercise.

Appears in 1 contract

Samples: First Bancorp Stock Option Agreement for Officers and Other Employees (First Bancorp /Pr/)

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Minimum Exercise. The minimum number of shares with respect to which this Option may be exercised at any one time is the lesser of Twenty Five Thousand (5,00025,000) or the number of shares as to which this Option is then exercisable.

Appears in 1 contract

Samples: Stock Option Agreement (Medical Care Technologies Inc.)

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