Total Exercise Cost definition
Total Exercise Cost means an amount equal to the Exercise Price multiplied by the number of Shares being purchased pursuant to the Option.
Total Exercise Cost means the total amount payable for Shares, expressed as an amount in United States dollars, which may be or are issued or transferred on the exercise of an Option;
Examples of Total Exercise Cost in a sentence
The Option may be exercised by delivery, via first class mail, fax or electronic mail of a Notice of Option Exercise and related forms to the Company stating the number of Shares with respect to which the Option is being exercised and accompanied by payment of the Total Exercise Cost in cash or by check, bank draft or money order payable to the order of the Company.
I enclose a cashier’s check in the amount of the Total Exercise Cost and/or tax withholding.
Sell of the Shares Sell only enough Shares to satisfy the Total Exercise Cost and/or tax withholding.
Subject to the approval of Bunge and applicable laws, I elect to surrender Shares that I already own to satisfy the Total Exercise Cost and/or tax withholding.