Common use of Cashless Exercise/Pledge Clause in Contracts

Cashless Exercise/Pledge. The Board may provide that if Company Shares are publicly traded at the time of exercise, arrangements may be made to meet the Participant’s withholding obligation by cashless exercise or pledge.

Appears in 8 contracts

Samples: Restricted Stock Unit Grant Notice (Silvaco Group, Inc.), Award Agreement (Life Spectacular, Inc.), FTC (FTC Solar, Inc.)

AutoNDA by SimpleDocs

Cashless Exercise/Pledge. The Board (in its sole discretion) may provide that if Company Shares are publicly traded at the time of exercise, arrangements may be made to meet the ParticipantOptionee’s or Purchaser’s withholding obligation by cashless exercise or pledge.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (MongoDB, Inc.), Common Stock Purchase Agreement (MongoDB, Inc.)

Cashless Exercise/Pledge. The Board Committee may provide that if Company Shares are publicly traded at the time of exercise, arrangements may be made to meet the ParticipantOptionee’s withholding obligation by cashless exercise or pledge.

Appears in 1 contract

Samples: 1999 Stock Incentive Plan (Iomai Corp)

AutoNDA by SimpleDocs

Cashless Exercise/Pledge. The Board Committee may provide that if Company Shares are publicly traded at the time of exercise, arrangements may be made to meet the ParticipantOptionee’s or Purchaser’s withholding obligation by cashless exercise or pledge.

Appears in 1 contract

Samples: Restricted Share Agreement (AOL Inc.)

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