Common use of Election to Exercise Clause in Contracts

Election to Exercise. To exercise the SARs, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which sets forth the number of SARs being exercised, together with any additional documents the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 2 contracts

Samples: Form of Stock Appreciation Rights Agreement (KwikClick, Inc.), Form of Stock Appreciation Rights Agreement (Sigma Labs, Inc.)

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Election to Exercise. To exercise the SARs, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which that sets forth the number of SARs being exercised, together with any additional documents as the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.), Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.)

Election to Exercise. To exercise the SARs, the Participant Director (or in the case of exercise after the ParticipantDirector’s death or incapacity, the ParticipantDirector’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which sets forth the number of SARs being exercised, together with any additional documents the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 1 contract

Samples: Form of Stock Appreciation Rights Agreement (Sigma Labs, Inc.)

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Election to Exercise. To exercise the SARs, the Participant Optionee (or in the case of exercise after the Participant’s Optionee's death or incapacitydisability, the Participant’s Optionee's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which sets forth the number of SARs being exercised, together with any additional documents as the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Female Health Co)

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