Common use of Election to Exercise Clause in Contracts

Election to Exercise. To exercise the SARs, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which sets forth the number of SARs being exercised, together with any additional documents the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 3 contracts

Sources: Stock Appreciation Rights Agreement (Usana Health Sciences Inc), Stock Appreciation Rights Agreement (KwikClick, Inc.), Stock Appreciation Rights Agreement (Sigma Labs, Inc.)

Election to Exercise. To exercise the SARs, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which that sets forth the number of SARs being exercised, together with any additional documents as the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 2 contracts

Sources: Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.), Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.)

Election to Exercise. To exercise the SARs, the Participant Director (or in the case of exercise after the ParticipantDirector’s death or incapacity, the ParticipantDirector’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which sets forth the number of SARs being exercised, together with any additional documents the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 1 contract

Sources: Stock Appreciation Rights Agreement (Sigma Labs, Inc.)

Election to Exercise. To exercise the SARs, the Participant (or in the case of exercise after the Participant’s death or incapacityDisability, the Participant’s executor, administrator, heir heir, or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved methodof intent to exercise in the manner designated by the Committee, which could include a web-based or e-mail systemshall set forth, inter alia: (i) the Participant’s election to exercise the Secretary SARs; (ii) any representations, warranties, and agreements regarding the exercise of the Company which sets forth the number of SARs being exercised, together with any additional documents as may be required by the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requirescomply with applicable securities laws.

Appears in 1 contract

Sources: Stock Appreciation Rights Award Agreement (Finward Bancorp)

Election to Exercise. To exercise the SARs, the Participant Optionee (or in the case of exercise after the Participant’s Optionee's death or incapacitydisability, the Participant’s Optionee's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a written notice (or notice through another previously approved method, which could include a web-based or e-mail system) to the Secretary of the Company which sets forth the number of SARs being exercised, together with any additional documents as the Company may require. Each such notice must satisfy whatever then-current procedures apply to the SARs and must contain such representations as the Company requires.

Appears in 1 contract

Sources: Stock Appreciation Rights Agreement (Female Health Co)