Common use of Time and Method of Exercise Clause in Contracts

Time and Method of Exercise. The Committee shall determine the time or times at which an Option may be exercised in whole or in part, and the method or methods by which, and the form or forms, including, without limitation, cash, Shares, other Awards, or other property, or any combination thereof, having a Fair Market Value on the exercise date equal to the relevant exercise price, in which, payment of the exercise price with respect thereto may be made or deemed to have been made; provided, however, that no Option may be exercised prior to six months after its date of grant.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advanced Lighting Technologies Inc), Stock Purchase Agreement (Advanced Lighting Technologies Inc)

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Time and Method of Exercise. The Committee shall determine the time or times at which an Option may be exercised in whole or in part, part and the method or methods by which, and the form or forms, forms (including, without limitation, cash, Shares, promissory notes, other Awards, securities or other property, or any combination thereof, having a Fair Market Value fair market value on the exercise date equal to the relevant exercise price, ) in which, which payment of the exercise price with respect thereto may be made or deemed to have been made; provided, however, that no Option may be exercised prior to six months after its date of grant.

Appears in 2 contracts

Samples: Stock Option Agreement (Exide Corp), Exide Corp

Time and Method of Exercise. The Committee shall determine the time or times at which an Option may be exercised in whole or in part, and the method or methods by which, and the form or forms, includingforms (which may include, without limitation, cash, Shares, other outstanding Awards, other securities or other property, or any combination thereof, having a Fair Market Value on the exercise date equal to the relevant exercise price, ) in which, payment of the exercise price with respect thereto may be made or deemed to have been made; provided, however, that no Option may be exercised prior to six months after its date of grant.

Appears in 1 contract

Samples: Adt Limited

Time and Method of Exercise. The Committee shall determine the time or times at which or the circumstances under which an Option may be exercised in whole or in partpart (including based on achievement of performance goals and/or future service requirements), and the method or methods by whichwhich such exercise price may be paid or deemed to be paid, and the form or formsof such payment, including, without limitation, cash, SharesStock, other Awards, or other propertyproperty (including notes or other contractual obligations of Participants to make payment on a deferred basis), and the methods by or any combination thereof, having a Fair Market Value on the exercise date equal to the relevant exercise price, forms in which, payment of the exercise price with respect thereto may which Stock will be made delivered or deemed to have been made; provided, however, that no Option may be exercised prior delivered to six months after its date of grantParticipants.

Appears in 1 contract

Samples: BKF Capital Group Inc

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Time and Method of Exercise. The Committee shall determine the time or times at which an Option may be exercised within the Option term either in whole or in part, and the method or methods by whichof exercise, and the form or forms, including, without limitation, except that any exercise price tendered shall be in either cash, Shares, other Awards, or other property, or any combination thereof, Shares having a Fair Market Value on the exercise date equal to the relevant exercise price, in which, payment of the applicable exercise price with respect thereto may be made or deemed to have been made; provideda combination thereof, however, that no Option may be exercised prior to six months after its date of grantas determined by the Committee.

Appears in 1 contract

Samples: Employment Agreement (Ascend Wellness Holdings, Inc.)

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