Common use of Option Exercise Clause in Contracts

Option Exercise. The Option may be exercised in whole or in part from time to time with respect to whole shares only, within the period permitted for the exercise thereof. The Option shall become exercisable in the following manner:

Appears in 11 contracts

Samples: Reunion Bank of Florida (National Commerce Corp), Directors’ Stock Option Agreement (National Commerce Corp), Reunion Bank (National Commerce Corp)

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Option Exercise. The Option Options may be exercised in whole or in part from time to time with respect to whole shares only, within the period permitted for the exercise thereof. The Each Option shall become exercisable in the following manner:

Appears in 1 contract

Samples: Reorganization Agreement and Plan of Share Exchange (TGR Financial, Inc.)

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