Cashless Exercise Required. If the Company determines that a cashless exercise of this option is necessary or advisable, the shares subject to this option shall be sold immediately upon exercise and the Employee shall receive the proceeds from the sale, less the Exercise Price, and any applicable fees and taxes or other required withholding.
Appears in 6 contracts
Samples: Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De)
Cashless Exercise Required. If the Company determines that a cashless exercise of this option is necessary or advisable, the shares subject to this option shall be sold immediately upon exercise and the Employee shall receive the proceeds from the sale, less the Exercise Price, and any applicable fees and taxes or other required withholding.
Appears in 1 contract
Samples: Nonqualified Stock Option Grant Agreement (Applied Materials Inc /De)
