Common use of Election to Exercise Clause in Contracts

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 9 contracts

Sources: Incentive Stock Option Award Agreement (Byrna Technologies Inc.), Incentive Stock Option Agreement (Dynatronics Corp), Non Qualified Stock Option Agreement (YayYo, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company or its designated agent a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises 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.

Appears in 7 contracts

Sources: Non Qualified Stock Option Agreement (Fintech Acquisition Corp. II), Incentive Stock Option Agreement (Fintech Acquisition Corp. II), Non Qualified Stock Option Agreement (CardConnect Corp.)

Election to Exercise. To exercise the Option, 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 or its designated agent a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises 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.

Appears in 5 contracts

Sources: Non Qualified Stock Option Agreement (International Money Express, Inc.), Non Qualified Stock Option Agreement (International Money Express, Inc.), Non Qualified Stock Option Agreement (International Money Express, Inc.)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by that is reasonably acceptable to the Committee. If someone other than the Participant exercises 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.

Appears in 4 contracts

Sources: Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such that person must submit documentation reasonably acceptable to the Company Committee verifying that such the person has the legal right to exercise the Option.

Appears in 3 contracts

Sources: Nonqualified Stock Option Agreement (BG Staffing, Inc.), Incentive Stock Option Agreement (BG Staffing, Inc.), Nonqualified Stock Option Agreement (BG Staffing, Inc.)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. Committee If someone other than the Participant exercises 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.

Appears in 3 contracts

Sources: Stock Option Inducement Agreement (Beyond Air, Inc.), Stock Option Inducement Agreement (Beyond Air, Inc.), Stock Option Inducement Agreement (Beyond Air, Inc.)

Election to Exercise. To exercise the OptionOptions, 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 of intent to exercise in the manner designated form specified or accepted by the Committee (or by complying with any alternative exercise procedures that may be authorized by the Committee), setting forth the number of Options to be exercised. If someone other than the Participant exercises the OptionOptions, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Optionsuch Options.

Appears in 3 contracts

Sources: Incentive Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the CommitteeCompany. If someone other than the Participant exercises 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.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Scotts Liquid Gold Inc), Non Qualified Stock Option Agreement (Scotts Liquid Gold Inc)

Election to Exercise. To exercise the Option, 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 notice of intent to an executed exercise election in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable form attached to the Company verifying that such person has the legal right to exercise the Option.this Agreement as Exhibit A.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Us Energy Corp), Option Agreement (Us Energy Corp)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 2 contracts

Sources: Option Agreement (Egalet Corp), Incentive Stock Option Agreement (Cellceutix CORP)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (DIEBOLD NIXDORF, Inc), Non Qualified Stock Option Agreement (Crypto Co)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir heir, or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the CommitteeAdministrator. If someone other than the Participant exercises 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.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (NeuroBo Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (NeuroBo Pharmaceuticals, Inc.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir heir, or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Terra Tech Corp.), Non Qualified Stock Option Agreement (Terra Tech Corp.)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacitydisability, the Participant’s executorbeneficiary, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the OptionAdministrator.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the OptionAdministrator.

Appears in 1 contract

Sources: Employment Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. Board If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Medicine Man Technologies, Inc.)

Election to Exercise. To the extent vested and exercisable pursuant to this Agreement, the Option may be exercised in whole or in part prior to the Expiration Date. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (DIEBOLD NIXDORF, Inc)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the CommitteeBoard. If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Adapti, Inc.)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Plan Committee. If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Mystic Holdings Inc./Nv)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacitydisability, the Participant’s executorbeneficiary, administrator, heir or legatee, as the case may be) must (a) deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than Administrator; or (b) if the Participant exercises is not subject to Section 16 of the OptionSecurities Exchange Act of 1934, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right as amended, elect to exercise the OptionOption through use of the on-line service designated by the Company.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s death or incapacitydisability, the Participant’s executorbeneficiary, administrator, heir or legatee, as the case may be) must (a) deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than Administrator; or (b) if the Participant exercises is not subject to Section 16 of the OptionSecurities Exchange Act of 1934, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right as amended, elect to exercise the OptionOption through use of the on-line service designated by the Company (currently ▇▇▇▇▇▇▇ ▇▇▇▇▇).

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises the Option, then such person Person must submit documentation reasonably acceptable to the Company verifying that such person Person has the legal right to exercise the Option.

Appears in 1 contract

Sources: Option Agreement (Egalet Corp)

Election to Exercise. To exercise the Option, the Participant (or in the case of exercise after the Participant’s 's death or incapacity, the Participant’s 's executor, administrator, heir or legatee, as the case may be) must deliver to the Company a notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Cellceutix CORP)

Election to Exercise. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. Committee If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Byrna Technologies Inc.)

Election to Exercise. To the extent exercisable pursuant to this Agreement, the Option may be exercised in whole or in part prior to the Expiration Date. To exercise the Option, 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 notice of intent to exercise in the manner designated by the Committee. If someone other than the Participant exercises 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.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (DIEBOLD NIXDORF, Inc)