Common use of Cash exercise instructions Clause in Contracts

Cash exercise instructions. Options are definitively exercised and the shares issued from the exercise are entered into a registered account in the name of the Account Holder as soon as the funds for the full amount of the exercise and any corresponding expenses, taxes, and levies are received by SGSS and have been cashed by SGSS. The settlement may be carried out by bank transfer, into an account indicated by SGSS.

Appears in 4 contracts

Samples: Securities Account Agreement, Securities Account Agreement, Securities Account Agreement

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