Common use of Stock Option Exercise Agreement Clause in Contracts

Stock Option Exercise Agreement. To exercise this Option, Optionee (or in the case of exercise after Optionee’s death, Optionee’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Company from time to time (the “Exercise Agreement”), which shall set forth, inter alia, Optionee’s election to exercise this Option, the number of shares being purchased (the “Exercised Shares”), any restrictions imposed on the Shares and any representations, warranties and agreements regarding Optionee’s investment intent and access to information as may be required by the Company to comply with applicable securities laws, together with payment in full of the Exercise Price for the number of Shares being purchased. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such Exercised Shares. If someone other than Optionee exercises this Option, then such person must submit documentation reasonably acceptable to the Company that such person has the right to exercise this Option.

Stock Option Exercise Agreement. To exercise this Option, Optionee Participant (or in the case of exercise after OptioneeParticipant’s deathdeath or incapacity, OptioneeParticipant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Company Administrator from time to time (the “Exercise Agreement”), which shall set forth, inter alia, Optionee(a) Participant’s election to exercise this the Option, (b) the number of shares Shares being purchased purchased, (the “Exercised Shares”), c) any restrictions imposed on the Shares and (d) any representations, warranties and agreements regarding OptioneeParticipant’s investment intent and access to information as may be required by the Company to comply with applicable securities laws, together with payment in full of the Exercise Price for the number of Shares being purchased. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such Exercised Shares. If someone other than Optionee Participant exercises this the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option. The entire Exercise Price of this OptionOption to purchase Shares of Common Stock issued under the Plan shall be payable in full, to the extent permitted by applicable statutes and regulations, in cash or by certified or bank check at the time of exercise for an amount equal to the aggregate Exercise Price Per Share for the number of Shares being purchased or any other form of legal consideration that may be acceptable to the Administrator.

Stock Option Exercise Agreement. To exercise this Option, Optionee (or in the case of exercise after Optionee’s death, Optionee’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Company from time to time (the “Exercise Agreement”), which shall set forth, inter alia, . Optionee’s election to exercise this Option, the number of shares being purchased (the “Exercised Shares”’’), any restrictions imposed on the Shares and any representations, warranties and agreements regarding Optionee’s investment intent and access to information as may be required by the Company to comply with applicable securities laws, together with payment in full of the Exercise Price for the number of Shares being purchased. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such Exercised Shares. If someone other than Optionee exercises this Option, then such person must submit documentation reasonably acceptable to the Company that such person has the right to exercise this Option.

Stock Option Exercise Agreement. To exercise this Option, Optionee Participant (or in the case of exercise after OptioneeParticipant’s deathdeath or incapacity, OptioneeParticipant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Company Administrator from time to time (the “Exercise Agreement”), which shall set forth, inter alia, Optionee(a) Participant’s election to exercise this the Option, (b) the number of shares Shares being purchased purchased, (the “Exercised Shares”), c) any restrictions imposed on the Shares and (d) any representations, warranties and agreements regarding OptioneeParticipant’s investment intent and access to information as may be required by the Company to comply with applicable securities laws, together with payment in full of the Exercise Price for the number of Shares being purchased. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such Exercised Shares. If someone other than Optionee Participant exercises this the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option. The entire Option Exercise Price of this OptionOption to purchase Shares of Common Stock issued under the Plan shall be payable in full, to the extent permitted by applicable statutes and regulations, in cash or by certified or bank check at the time of exercise for an amount equal to the aggregate Exercise Price Per Share for the number of Shares being purchased or any other form of legal consideration that may be acceptable to the Administrator.