Common use of Exercise/Sale Clause in Contracts

Exercise/Sale. If Stock is publicly traded, all or part of the Purchase Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 11 contracts

Samples: Option Agreement (Trega Biosciences Inc), Option Agreement (Trega Biosciences Inc), Stock Purchase Agreement (Adforce Inc)

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Exercise/Sale. If Stock is Shares are publicly traded, all or part of the Purchase Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 4 contracts

Samples: Stock and Incentive Plan Stock Option Agreement (Green Thumb Industries Inc.), 2018 Stock and Incentive Plan (Green Thumb Industries Inc.), Stock Option Agreement (22nd Century Group, Inc.)

Exercise/Sale. If At such time as the Stock is publicly traded, payment may be made all or in part of the Purchase Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the CompanyCompany in payment of all or part of the Exercise Price and any withholding taxes.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Chestatee Bancshares Inc)

Exercise/Sale. If the Stock is publicly traded, all or part of the Purchase Exercise Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 1 contract

Samples: Agreement of Merger and Plan of Reorganization (Eon Communications Corp)

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Exercise/Sale. If Stock is the Shares are publicly traded, all or part of the Purchase Exercise Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 1 contract

Samples: Cisco Systems Inc

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