Common use of Term and Exercise of the Option Clause in Contracts

Term and Exercise of the Option. The Option shall expire five years from the date of this Agreement and may be exercised for all or any portion of the Shares (in whole shares) at any time and from time to time during such period. This Option may be exercised only by written notice to the Company indicating the number of whole Shares which are being purchased. Such notice must be signed by the Grantee and be accompanied by full payment of the exercise price.

Appears in 4 contracts

Samples: Stock Option Agreement (Financial Performance Corp), Stock Option Agreement (Financial Performance Corp), Stock Option Agreement (Financial Performance Corp)

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