Common use of Notice of Exercise; Payment Clause in Contracts

Notice of Exercise; Payment. This Option shall be exercisable by giving written notice to the Company at its principal office, presently Xxxxx Xxxxx 0 Xxxxx, Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating that the Optionee is exercising this Option, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options being exercised; (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the Board in its sole discretion.

Appears in 24 contracts

Samples: Non Qualified Stock Option Agreement (MTR Gaming Group Inc), Non Qualified Stock Option Agreement (MTR Gaming Group Inc), Non Qualified Stock Option Agreement (MTR Gaming Group Inc)

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Notice of Exercise; Payment. This Option option shall be exercisable by giving written notice to the Company at its principal office, presently Xxxxx Xxxxx 0 Xxxxx, Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating that the Optionee is exercising this Optionoption, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options options being exercised; or (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the Board in its sole discretion.

Appears in 8 contracts

Samples: Non Qualified Stock Option Contract (MTR Gaming Group Inc), Non Qualified Stock Option Contract (MTR Gaming Group Inc), Non Qualified Stock Option Contract (MTR Gaming Group Inc)

Notice of Exercise; Payment. This Option shall be exercisable by giving written notice to the Company at its principal office, presently State Route 2 South, Chester, West Vxxxxxxx, Xxxx.: Xxxxx Xxxxx 0 Xxxxx, Xxxxxxxxx Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating xxxxxxx that the Optionee is exercising this Option, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options being exercised; (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the Board in its sole discretion.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (MTR Gaming Group Inc), Non Qualified Stock Option Agreement (MTR Gaming Group Inc), Non Qualified Stock Option Agreement (MTR Gaming Group Inc)

Notice of Exercise; Payment. This Option shall be exercisable by giving written notice to the Company at its principal office, presently Xxxxx Xxxxx 0 Xxxxx, Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating that the Optionee is exercising this Option, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options being exercised; (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the tot he Board in its sole discretion.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (MTR Gaming Group Inc), Non Qualified Stock Option Agreement (MTR Gaming Group Inc), Non Qualified Stock Option Agreement (MTR Gaming Group Inc)

Notice of Exercise; Payment. This Option option shall be exercisable by giving written notice to the Company at its principal office, presently State Route 2 South, Chester, West Vxxxxxxx, Xxxx.: Xxxxx Xxxxx 0 Xxxxx, Xxxxxxxxx Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating xxxxxxx that the Optionee is exercising this Optionoption, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options options being exercised; or (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the Board in its sole discretion.

Appears in 1 contract

Samples: Non Qualified Stock Option Contract (MTR Gaming Group Inc)

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Notice of Exercise; Payment. This Option shall be exercisable by giving written notice to the Company at its principal office, presently State Route 2 South, Chester, West Vxxxxxxx, Xxxx.: Xxxxx Xxxxx 0 Xxxxx, Xxxxxxxxx Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating xxxxxxx that the Optionee is exercising this Option, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options being exercised; (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the Board in its sole discretion.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (MTR Gaming Group Inc)

Notice of Exercise; Payment. This Option shall be exercisable by giving written notice to the Company at its principal office, presently Xxxxx Xxxxx 0 Xxxxx, Xxxxxxx, Xxxx Xxxxxxxx, Attn.: Chief Financial Officer, stating that the Optionee is exercising this Option, specifying the number of shares being purchased and accompanied by payment in full of the aggregate purchase price therefor: (a) in cash or by certified check; (b) with previously acquired shares of Common Stock having an aggregate Fair Market Value on the date of exercise equal to the aggregate exercise price of all Options being exercised; (c) with any combination of cash, certified check or shares of Common Stock having such value; or (d) any other form of legal consideration that may be acceptable to the Board of Directors of the Company in its sole discretion.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (MTR Gaming Group Inc)

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