Common use of Minimum Number of Shares Clause in Contracts

Minimum Number of Shares. At no time may the Option be ------------------------ exercised for less than one hundred (100) shares of Stock unless the number of shares to be acquired by exercise of the Option is the total number then purchasable under the Option.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Ensign Michael S), Non Qualified Stock Option Agreement (Mandalay Resort Group)

Minimum Number of Shares. At no time may the Option be exercised ------------------------ exercised for less than one hundred (100) shares of Stock unless the number of shares to be acquired by exercise of the Option is the total number then purchasable under the Option.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Ensign Michael S)

Minimum Number of Shares. At no time may the Option be ------------------------ exercised for ------------------------ less than one hundred (100) shares of Stock unless the number of shares to be acquired by exercise of the Option is the total number then purchasable under the Option.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Mandalay Resort Group)