Common use of Option Exercise Procedure Clause in Contracts

Option Exercise Procedure. a) Exercise of the Option shall be accomplished by delivery to the Company, pursuant to Section 9 of this Agreement, of (i) a timely and completed written notice of election to exercise in the form attached to this Agreement as Exhibit “A” (the “Exercise Notice”), (ii) payment of the Exercise Price for the Option Shares to be exercised, and (iii) payment for any applicable withholding taxes as provided in Section 6 of this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (American Vanguard Corp), Incentive Stock Option FMV Agreement (American Vanguard Corp)

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Option Exercise Procedure. (a) Exercise of the Option shall be accomplished by delivery to the Company, pursuant to Section 9 of this Agreement, of (i) a timely and completed written notice of election to exercise in the form attached to this Agreement as Exhibit A” (the “Exercise Notice”), (ii) payment of the Exercise Price for the Option Shares to be exercised, and (iii) payment for any applicable withholding taxes as provided in Section 6 of this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (American Vanguard Corp)

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Option Exercise Procedure. (a) Exercise of the Option shall be accomplished by delivery to the Company, pursuant to Section 9 of this Agreement, of (i) a timely and completed written notice of election to exercise in the form attached to this Agreement as Exhibit A” (the “Exercise Notice”), (ii) payment of the Exercise Price for the Option Shares to be exercised, exercised and (iii) payment for any applicable withholding taxes as provided in Section 6 of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (American Vanguard Corp)

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