Common use of Form of Notice of Exercise Clause in Contracts

Form of Notice of Exercise. The Recipient's notice as required by Section 3 shall be signed by the Recipient and shall be in substantially the following form with appropriate adjustments depending on how the Option price is paid: "I hereby exercise my Option to purchase shares in accordance with my Option Award dated October 1, 2001. The aggregate Option price of the shares I am purchasing is $ . I hereby tender payment of such price (complete applicable item(s)): (a) by delivery of a cashier's check, bank draft or money order made payable to the Company in the amount of $__________; and/or (b) through a cashless exercise as follows ----------------------------------------- -----------------------------------------."

Appears in 1 contract

Sources: Employment Agreement (Windsortech Inc)

Form of Notice of Exercise. The Recipient's notice as required by Section 3 shall be signed by the Recipient and shall be in substantially the following form with appropriate adjustments depending on how the Option price is paid: "I hereby exercise my Option to purchase shares in accordance with my Option Award dated October 1, 2001. The aggregate Option price of the shares I am purchasing is $ . I hereby tender payment of such price (complete applicable item(s)): (a) by delivery of a cashier's check, bank draft or money order made payable to the Company in the amount of $__________; and/or (b) through a cashless exercise as follows ----------------------------------------- ------------------------------------------------------------------------------------- --------------------------------------------."

Appears in 1 contract

Sources: Employment Agreement (Windsortech Inc)

Form of Notice of Exercise. The Recipient's notice as required by Section 3 shall be signed by the Recipient and shall be in substantially the following form with appropriate adjustments depending on how the Option price is paid: "I hereby exercise my Option to purchase shares in accordance with my Option Award dated October 1, 2001. The aggregate Option price of the shares I am purchasing is $ . I hereby tender payment of such price (complete applicable item(s)): (a) by delivery of a cashier's check, bank draft or money order made payable to the Company in the amount of $__________; and/or (b) through a cashless exercise as follows ----------------------------------------- ------------------------------------------------------------------------------- --------------------------------------."

Appears in 1 contract

Sources: Employment Agreement (Windsortech Inc)

Form of Notice of Exercise. The Recipient's notice as required by Section 3 shall be signed by the Recipient and shall be in substantially the following form with appropriate adjustments depending on how the Option price is paid: "I hereby exercise my Option to purchase shares in accordance with my Option Award dated October 1, 2001. The aggregate Option price of the shares I am purchasing is $ . I hereby tender payment of such price (complete applicable item(s)): (a) by delivery of a cashier's check, bank draft or money order made payable to the Company in the amount of $__________; and/or (b) through a cashless exercise as follows ----------------------------------------- --------------------------------------------------------------------------------------- ----------------------------------------------."

Appears in 1 contract

Sources: Employment Agreement (Windsortech Inc)

Form of Notice of Exercise. The Recipient's notice as required by Section 3 shall be signed by the Recipient and shall be in substantially the following form with appropriate adjustments depending on how the Option price is paid: "I hereby exercise my Option to purchase shares in accordance with my Option Award dated October 1, 2001. The aggregate Option price of the shares I am purchasing is $ . I hereby tender payment of such price (complete applicable item(s)): (a) by delivery of a cashier's check, bank draft or money order made payable to the Company in the amount of $__________; and/or (b) through a cashless exercise as follows ----------------------------------------- ------------------------------------------------------------------------------------------- --------------------------------------------------."

Appears in 1 contract

Sources: Employment Agreement (Windsortech Inc)