Simple exercise instructions Clause Samples

Simple exercise instructions. Options are definitively exercised and the shares resulting from the exercise are entered into a registered account in the name of the Shareholder as soon as the funds for the full amount of the exercise and any corresponding expenses, taxes, and levies are received by SGSS and have been cashed by SGSS. Payment must be made by direct debit or bank transfer, into an account whose details have been communicated by SGSS.