Common use of Exercise Price; Payment Clause in Contracts

Exercise Price; Payment. The Option will have an exercise price equal to the fair market value per share of the Common Stock as determined in good faith by the Board as of the date of grant. The grant will provide that you may pay for such shares upon such methods as are permitted under the Plan for nonqualified stock options.

Appears in 1 contract

Sources: Consulting Agreement (Calypte Biomedical Corp)

Exercise Price; Payment. The Option will have an exercise price equal to the fair market value per share of the Common Stock as determined in good faith by the Board as of the date of grant. The grant will provide that you may pay for such shares upon such methods as are permitted under the Plan for nonqualified stock options.upon

Appears in 1 contract

Sources: Employment Agreement (Calypte Biomedical Corp)