Common use of Exercise Price; Payment Clause in Contracts

Exercise Price; Payment. The exercise price of the Option shall be equal to the Purchase Price. The exercise price shall be paid on the Closing Date by EmCare or its Designee, as the case may be, to Shareholder by check, electronic wire transfer, or other method reasonably acceptable to Shareholder. Upon payment of the Purchase Price, the Attorney-in-Fact shall deliver the Shares and all accompanying stock powers to EmCare or its Designee.