Common use of Procedure for Exercise Clause in Contracts

Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the giving of written notice to the Company by the Optionee in accordance with the Plan and payment of the purchase price prescribed in Section 1 above for the shares to be acquired pursuant to the exercise.

Appears in 16 contracts

Samples: Nonqualified Stock Option Agreement (China Bak Battery Inc), Incentive Stock Option Agreement (Globalscape Inc), Non Qualified Stock Option Agreement (Globalscape Inc)

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Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the Optionee giving of written notice directly to the Company by of the Optionee’s intent to exercise the Option. Optionee shall give such written notice using the Company’s Stock Option Exercise Notice form in effect at the time the Optionee desires to exercise this Option. A copy of such notice in accordance with the Plan and payment effect as of the purchase price prescribed in Section 1 above for the shares Date of Grant is attached to be acquired pursuant to the exercisethis Agreement.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Heart Test Laboratories, Inc.), Non Qualified Stock Option Agreement (Heart Test Laboratories, Inc.), Incentive Stock Option Agreement (Heart Test Laboratories, Inc.)

Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the giving of written notice by Optionee to the Company by the Optionee in accordance with Section 7 of the Plan and the payment of the purchase price prescribed in Section 1 above pro rata portion of the Option Price for the shares number of Shares to be acquired pursuant to the exercise.

Appears in 4 contracts

Samples: Hanover Compressor Company Stock Option Agreement (Hanover Compressor Co /), Hanover Compressor Company Stock Option Agreement (Hanover Compressor Co /), Hanover Compressor Company Stock Option Agreement (Hanover Compressor Co /)

Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the Optionee giving of written notice directly to the Company by of the Optionee’s intent to exercise the Option. Optionee shall give such written notice using the Company’s Stock Option Exercise Notice form in effect at the time the Optionee desires to exercise this Option. A copy of such notice in accordance with the Plan and payment effect as of the purchase price prescribed in Section 1 above for the shares Date of Grant is attached to be acquired pursuant to the exercisethis agreement.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Globalscape Inc), Non Qualified Stock Option Agreement (Globalscape Inc), Incentive Stock Option Agreement (Globalscape Inc)

Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the giving of written notice by Optionee to the Company by the Optionee in accordance with the Plan at its principal office and payment of the pro rata portion of the purchase price prescribed in Section 1 above for the shares number of Shares to be acquired pursuant to the exercise.

Appears in 1 contract

Samples: Hanover Compressor Company Stock Option Agreement (Hanover Compressor Co /)

Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the giving of written notice to the Company by the Optionee in accordance with Section 11 of the Plan and payment of the purchase price pro rata portion of the Option Price prescribed in Section 1 above hereof for the shares number of Shares to be acquired pursuant to the exercise.

Appears in 1 contract

Samples: Directors Option Agreement (Teletech Holdings Inc)

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Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the giving of written notice to the Company by the Optionee in accordance with the Plan at its principal office and payment of the pro rata portion of the purchase price prescribed in Section 1 above for the shares number of Shares to be acquired pursuant to the exercise.

Appears in 1 contract

Samples: Compressor Company Stock Option Agreement (Hanover Compressor Co /)

Procedure for Exercise. Exercise of the Option or a portion thereof shall be effected by the giving of written notice to the Company by the Optionee in accordance with Section 1.10(a) of the Plan and payment of the purchase price prescribed in Section 1 above of this Agreement for the shares to be acquired pursuant to the exercise.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Gulfwest Energy Inc)

Procedure for Exercise. Exercise of the Option or a portion thereof ---------------------- shall be effected by the giving of written notice to the Company by the Optionee in accordance with Section 9 of the Plan and payment of the purchase price prescribed in Section 1 above Option Price, or applicable pro --------- rata portion thereof, for the shares number of Shares to be acquired pursuant to the exercise.

Appears in 1 contract

Samples: Corporation Directors Option Agreement (Ifx Corp)

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