Common use of Methods of Exercise Clause in Contracts

Methods of Exercise. The Option shall be exercisable only by a written notice in form and substance acceptable to the Company, specifying the number of shares to be purchased and accompanied by payment in cash of the aggregate purchase price for the shares for which the Option is being exercised.

Appears in 5 contracts

Sources: Incentive Stock Option Agreement (Ibasis Inc), Nonqualified Stock Option Agreement (Ibasis Inc), Incentive Stock Option Agreement (Lightspace Corp)

Methods of Exercise. The Except as may otherwise be agreed by the Optionee and the Company, the Option shall will be exercisable only by a written notice in form and substance acceptable to the Company, specifying the number of shares to be purchased and accompanied by payment in cash of the aggregate purchase price for the shares for which the Option is being exercised.

Appears in 3 contracts

Sources: Nonqualified Stock Option Agreement (Vonage Holdings Corp), Incentive Stock Option Agreement (Vonage Holdings Corp), Nonqualified Stock Option Agreement (Vonage Holdings Corp)

Methods of Exercise. The Except as may otherwise be agreed by the Awardee and the Company, the Option shall will be exercisable only by a written notice in form and substance acceptable to the Company, specifying the number of shares to be purchased and accompanied by payment in cash of the aggregate purchase price for the shares for which the Option is being exercised.

Appears in 1 contract

Sources: Award Agreement (Lecroy Corp)