Common use of Cash-Out of Option Clause in Contracts

Cash-Out of Option. The Committee may elect to cash out all or a portion of the Option to be exercised pursuant to any method of exercise by paying the Optionee an amount in cash or Common Stock, or both, equal to the Fair Market Value of the shares of Common Stock on the exercise date less the Xxxxx Xxxxx for such shares.

Appears in 8 contracts

Samples: Non Qualified Global Stock Option Agreement (Mondelez International, Inc.), Non Qualified Global Stock Option Agreement (Mondelez International, Inc.), Non Qualified Global Stock Option Agreement (Mondelez International, Inc.)

AutoNDA by SimpleDocs

Cash-Out of Option. The Committee may elect to cash out all or a portion of the Option Shares to be exercised pursuant to any method Method of exercise Exercise by paying the Optionee an amount in cash or Common Stock, or both, equal to the Fair Market Value of the such shares of Common Stock on the exercise date less the Xxxxx Xxxxx for such shares.

Appears in 5 contracts

Samples: Global Stock Option Award Agreement (Kraft Foods Group, Inc.), Global Stock Option Award Agreement (Kraft Foods Group, Inc.), 2005 Performance Incentive Plan (Mondelez International, Inc.)

Cash-Out of Option. The Committee may elect to cash out all or a portion of the Option Shares to be exercised pursuant to any method Method of exercise Exercise by paying the Optionee an amount in cash or Common Stock, or both, equal to the Fair Market Value of the such shares of Common Stock on the exercise date less the Xxxxx Xxxxx purchase price for such shares.

Appears in 5 contracts

Samples: 2005 Performance Incentive Plan (Kraft Foods Inc), 2005 Performance Incentive Plan (Kraft Foods Inc), Stock Option Award Agreement (Kraft Foods Inc)

Cash-Out of Option. The Committee may elect to cash out all or a portion of the Option to be exercised pursuant to any method Method of exercise Exercise by paying the Optionee an amount in cash or Common Stock, or both, equal to the Fair Market Value of the such shares of Common Stock on the exercise date less the Xxxxx Xxxxx for such shares.

Appears in 2 contracts

Samples: Stock Option Agreement (Mondelez International, Inc.), Stock Option Agreement (Mondelez International, Inc.)

AutoNDA by SimpleDocs

Cash-Out of Option. The Committee may elect to cash out all or a portion of the Option to be exercised pursuant to any method of exercise by paying the Optionee an amount in cash or Common Stock, or both, equal to the Fair Market Value of the such shares of Common Stock on the exercise date less the Xxxxx Xxxxx for such shares.

Appears in 1 contract

Samples: Non Qualified Global Stock Option Agreement (Mondelez International, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.