Common use of Manner of Exercise of Options Clause in Contracts

Manner of Exercise of Options. Any Option or any part thereof shall be exercised by Executive, his Permitted Transferee or, if after his death, a Beneficiary by a written notice to the Company stating the number of shares of Common Stock with respect to which the Option is being exercised and the form of payment of the exercise price of the Option and any related Withholding Taxes. Such payment may be made in any one or more of the following forms:

Appears in 6 contracts

Samples: Employment Agreement (Augme Technologies, Inc.), Employment Agreement (Augme Technologies, Inc.), Employment Agreement (Augme Technologies, Inc.)

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Manner of Exercise of Options. Any An Option or any part thereof shall be exercised by Executive, his Permitted Transferee Executive or, if after his death, a Beneficiary Beneficiary, by a written notice to the Company stating the number of shares of Common Stock Shares with respect to which the Option is being exercised and the form of payment of the exercise price of the Option and any related Withholding TaxesTaxes in connection with such exercise in accordance with the Stock Ownership Program or applicable successor program. Such payment may be made in any one or more Company shall deliver the purchased Common Shares promptly after its receipt of the following forms:notice of exercise and payment.

Appears in 2 contracts

Samples: Employment Agreement (3m Co), Employment Agreement (Minnesota Mining & Manufacturing Co)

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Manner of Exercise of Options. Any Option or any part thereof shall be exercised by Executive, his her Permitted Transferee or, if after his her death, a Beneficiary by a written notice to the Company stating the number of shares of Common Stock with respect to which the Option is being exercised and the form of payment of the exercise price of the Option and any related Withholding Taxes. Such payment may be made in any one or more of the following forms:

Appears in 1 contract

Samples: Employment Agreement (Young Broadcasting Inc /De/)

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