Common use of Payment of the Exercise Price Clause in Contracts

Payment of the Exercise Price. The Optionee, upon exercise, as a whole or in part, of the Option, shall pay the Exercise Price, which payment maybe made by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the Company; (b) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained by the Company, have been held by the Optionee for at least six (6) months) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the Committee, delivery to the Company of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a whole or in part, of the Option, shall pay the Exercise Price, which payment maybe made by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the Company; (b) if if, at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system delivery (either actual or constructive) ), surrender to the Company of such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained by the Company, have been held by the Optionee for at least six (6) months) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if if, at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the Committee, delivery to the Company of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a in whole or in part, of the Option, shall may pay the Exercise Price, which payment maybe made Price by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the CompanyCorporation; (b) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system system, delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained mentioned by the CompanyCorporation, have been held by the Optionee for at least six (6) monthsmonths or such other period as determined by the Administrator) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the CommitteeAdministrator, delivery to the Company Corporation of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company Corporation cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a in whole or in part, of the Option, shall may pay the Exercise Price, which payment maybe made Price by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the Company; (b) if approved by the Committee and, if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system system, delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained mentioned by the Company, have been held by the Optionee for at least six (6) monthssuch period, if any, as the Committee may specify) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system system] and in accordance with such rules as may be specified by the Committee, delivery to the Company of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a in whole or in part, of the Option, shall may pay the Exercise Price, which payment maybe made Price by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the Company; (b) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained mentioned by the Company, have been held by the Optionee for at least six (6) months) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the Committee, delivery to the Company of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a in whole or in part, of the Option, shall may pay the Exercise Price, which payment maybe made Price by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the CompanyCorporation; (b) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system system, delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained mentioned by the CompanyCorporation, have been held by the Optionee for at least six (6) monthsmonths or such other period as determined by the Administrator) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the CommitteeAdministrator, delivery to the Company Corporation of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company Corporation cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a whole or in part, of the Option, shall pay the Exercise Price, which payment maybe may be made by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the Company; (b) if if, at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system delivery (either actual or constructive) ), such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained by the Company, have been held by the Optionee for at least six (6) months) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if if, at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the Committee, delivery to the Company of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a in whole or in part, of the Option, shall may pay the Exercise Price, which payment maybe made Price by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the CompanyCorporation; (b) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system system, delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained by the CompanyCorporation, have been held by the Optionee for at least six (6) monthsmonths or such other period as determined by the Administrator) that have an aggregate Fair Market Value on the date of exercise (“Date of Exercise Exercise”) equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the CommitteeAdministrator, delivery to the Company Corporation of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company Corporation cash equal to the Exercise Price for that portion of the Option being exercised.

Payment of the Exercise Price. The Optionee, upon exercise, as a whole or in part, of the Option, shall pay the Exercise Price, which payment maybe may be made by any or all of the following means, either alone or in combination: (a) cash or check payable to the order of the Company; (b) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system delivery (either actual or constructive) such number of shares of unencumbered Common Stock (provided that such shares, if acquired under the Option or under any other option or award granted under the Plan or any other plan sponsored or maintained by the Company, have been held by the Optionee for at least six (6) months) that have an aggregate Fair Market Value on the Date of Exercise equal to that portion of the Exercise Price being paid by delivery of such shares; or (c) if at the time of exercise, the Common Stock is listed for trading on a national securities exchange or automated dealer quotation system and in accordance with such rules as may be specified by the Committee, delivery to the Company of a properly executed exercise notice and irrevocable instructions to a registered securities broker promptly to deliver to the Company cash equal to the Exercise Price for that portion of the Option being exercised.