Same Day Sale Sample Clauses

Same Day Sale. Where permitted by law and provided that a public market for the Company’s stock exists: (i) through a “same day sale” commitment from Option-holder and a broker-dealer that is a member of the National Association of Securities Dealers (an “NASD Dealer”) whereby Option-holder irrevocably elects to exercise the Option and to sell a portion of the Shares so purchased to pay for the exercise price and whereby the NASD Dealer irrevocably commits upon receipt of such Shares to forward the exercise price directly to the Company; or (ii) through a “margin” commitment from Option-holder and a NASD Dealer whereby Option-holder irrevocably elects to exercise the Option and to pledge the Shares so purchased to the NASD Dealer in a margin account as security for a loan from the NASD Dealer in the amount of the exercise price, and whereby the NASD Dealer irrevocably commits upon receipt of such Shares to forward the exercise price directly to the Company. Option-holder shall be solely responsible for any income or other tax consequences from any payment for Shares with Option-holder’s Common Stock of the Company.
Sample 1Sample 2
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Same Day Sale. Sell or margin all of the shares of common stock issuable upon exercise of the options, deliver a portion of the sale or margin loan proceeds directly to LM Funding America, Inc. to pay the Aggregate Exercise Price (and tax withholding, if elected below), and deposit any remaining cash proceeds in my brokerage account. Sale Price*: Sale Date*: * The sale price and sale date are required in order to execute the cashless exercise. Broker-Dealer Name: Contact Person: DWAC – Depository Trust Company (DTC) #: Brokerage Account #: Broker Phone #: ( ) - - Broker Fax #: ( ) - - If your option is designated in the Option agreement as an ISO, then selecting this method of payment may result in the Option losing its ISO status and being treated as a nonqualified stock option for tax purposes. * It is your responsibility to contact a broker to open a brokerage account and sell your stock option shares. LM Funding America, Inc. WILL NOT send this form to your broker. CERTIFICATE OR BOOK ENTRY INSTRUCTIONS Do not complete this portion if you elected a cashless exercise through a broker-dealer. (Shares issued pursuant to a cashless exercise through a broker-dealer will be automatically sent to your specified broker.)
Sample 1Sample 2
Same Day Sale. You must contact a Silicon Image designated broker to place this trade. Please indicate which broker you have selected below.
Sample 1Sample 2
Same Day Sale. Following Separation, upon the exercise of any options and the same day sale of the underlying Common Stock, the Corporation will facilitate a cashless exercise until the settlement date of the stock sale if requested by Mr. Van Zeeland.
Sample 1
Same Day Sale. Sell or margin all of the shares of common stock issuable upon exercise of the options, deliver a portion of the sale or margin loan proceeds directly to Rock Creek Pharmaceuticals, Inc. to pay the Aggregate Exercise Price (and tax withholding, if elected below), and deposit any remaining cash proceeds in my brokerage account. Sale Price*: __________________ Sale Date*: _______________________________ *The sale price and sale date are required in order to execute the cashless exercise. Broker-Dealer Name:_________________________________________________________ Contact Person: ______________________________________________________________ DWAC – Depository Trust Company (DTC) #: ____________________________________ Brokerage Account #: _________________________________________________________ Broker Phone #: (_____)-________-__________ Broker Fax #: (_____)-________-__________ If your option is designated in the Option agreement as an ISO, then selecting this method of payment may result in the Option losing its ISO status and being treated as a nonqualified stock option for tax purposes. *It is your responsibility to contact a broker to open a brokerage account and sell your stock option shares. Rock Creek Pharmaceuticals, Inc. WILL NOT send this form to your broker. CERTIFICATE OR BOOK ENTRY INSTRUCTIONS Do not complete this portion if you elected a cashless exercise through a broker-dealer. (Shares issued pursuant to a cashless exercise through a broker-dealer will be automatically sent to your specified broker.) Please select only one: Name(s) in which the purchased shares will be issued: q In my name only q In the names of my spouse and myself as community property q In the names of my spouse and myself as joint tenants with the rights of survivorship Spouse’s name (if applicable): _______________________________________________ The certificate or notice of book entry for the purchased shares should be sent to the following address (complete only if to be sent to a different address than specified in Part 1): Street Address: _______________________________________________________________ City: _____________________ State:_________________ Zip Code:_______________ METHOD OF SATISFYING TAX WITHHOLDING OBLIGATION Please select only one. You do not need to complete this Part if you are exercising incentive stock options (ISOs) or if you are a non-employee director or consultant. q Cash. I am enclosing a check or money order payable to “Rock Creek Pharmace...
Sample 1
Same Day Sale. Sell or margin all of the shares of common equity issuable upon exercise of the options, deliver a portion of the sale or margin loan proceeds directly to Oxbridge Re Holdings Limited to pay the Aggregate Exercise Price (and tax withholding, if elected below), and deposit any remaining cash proceeds in my brokerage account. Sale Price*: Sale Date*: * The sale price and sale date are required in order to execute the cashless exercise. Broker-Dealer Name: Contact Person: DWAC – Depository Trust Company (DTC) #: Brokerage Account #: Broker Phone #: ( )- - Broker Fax #: ( )- - * It is your responsibility to contact a broker to open a brokerage account and sell your option shares. Oxbridge Re Holdings Limited WILL NOT send this form to your broker. CERTIFICATE INSTRUCTIONS Please select only one. Name(s) in which the certificate for the purchased shares will be issued: ¨ In my name only ¨ In the names of my spouse and myself as community property ¨ In the names of my spouse and myself as joint tenants with the rights of survivorship Spouse’s name (if applicable): The certificate for the purchased shares should be sent to the following address (complete only if to be sent to a different address than specified in Part 1): Street Address: City: State: Zip Code: ¨ (If Available) I request that Oxbridge Re Holdings Limited instruct its transfer agent to deliver the shares issuable to me as a result of exercising the option(s) in book entry form to the brokerage account specified below: Broker-Dealer Name: Contact Person: DWAC – Depository Trust Company (DTC) #: Brokerage Account #: Broker Phone #: ( ) - - Broker Fax #: ( ) - - METHOD OF SATISFYING TAX WITHHOLDING OBLIGATION Please select only one. You do not need to complete this Part if you are exercising only incentive share options (ISOs) or if you are a non-employee director or consultant. ¨ Cash. I am enclosing a check or money order payable to “ ” for the withholding tax amount. ¨ Tax Amount Request. Please notify me of the amount of withholding taxes that will be due as a result of this option exercise. I understand that, after receiving notification of the withholding tax amount, I must immediately remit to the Company a check or money order payable to “Oxbridge Re Holdings Limited” for that amount. I understand that the Company will not process my option exercise until it receives the check or money order covering the withholding tax amount due.
Sample 1

Related to Same Day Sale

  • Settlement Date For any Option, the second Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Option.

  • Dealer The seller of automobiles or light trucks that originated one or more of the Receivables and assigned the respective Receivable, directly or indirectly, to Ally Bank under an existing agreement between such seller and Ally Bank. Dealer Agreement: An existing agreement between Ally Bank or one of its Affiliates and a Dealer with respect to a Receivable. Default: Any occurrence that is, or with notice or the lapse of time or both would become, an Event of Default.

  • Trade Date 6. Settlement Date (Original Issue Date).

  • PURCHASE, SALE AND DELIVERY OF THE FIRM SHARES (a) On the basis of the representations, warranties and covenants herein contained, and subject to the conditions herein set forth, the Company agrees to sell to the Underwriters and each Underwriter agrees, severally and not jointly, to purchase, at a price of $_____ per share, the number of Firm Shares set forth opposite the name of each Underwriter in Schedule I hereof, subject to adjustments in accordance with Section 9 hereof.

  • Termination Date The Executive’s “Termination Date” shall be:

  • Purchase Sale and Delivery of the Offered Shares (a) The Company agrees to issue and sell to the several Underwriters the Firm Offered Shares upon the terms herein set forth. On the basis of the representations, warranties, and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Underwriters agree, severally and not jointly, to purchase from the Company the respective number of Firm Offered Shares set forth opposite their names on Schedule A (the “List of the Underwriters”) attached hereto. The purchase price per Firm Offered Share to be paid by the several Underwriters to the Company shall be $[ ] per share (the “Purchase Price”).

  • Purchase Sale and Delivery of the Offered Securities Unless otherwise specified in the Underwriting Agreement, payment for the Offered Securities shall be made by certified or official bank check or checks payable to the order of the Depositor in immediately available or next day funds, at the time and place set forth in the Underwriting Agreement, upon delivery to the Representative for the respective accounts of the several Underwriters of the Offered Securities registered in definitive form and in such names and in such denominations as the Representative shall request in writing not less than five full business days prior to the date of delivery. The time and date of such payment and delivery with respect to the Offered Securities are herein referred to as the "Closing Date".

  • Purchase The Purchase Price for each one one-hundredth of a Preferred Share pursuant to the exercise of a Right shall be initially $40.00, shall be subject to adjustment from time to time as provided in Sections 11, 13 and 26 and shall be payable in lawful money of the United States of America in accordance with Section 7.3.

  • Agent’s Own Account; Clients’ Account The Company consents to the Agent trading, in compliance with applicable law, in the Common Shares for the Agent’s own account and for the account of its clients at the same time as sales of the Shares occur pursuant to this Agreement.

  • Origination Date The origination date is no earlier than ninety (90) days prior to the related Purchase Date.

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