EXERCISE AND HOLD Sample Clauses

EXERCISE AND HOLD. If you elect this alternative, you must pay the full Exercise Price plus related taxes (in cash, a cash equivalent or in Shares having a Fair Market Value equal to the Exercise Price and which you have owned for at least six months before the exercise date). When the transaction is complete, you will receive the number of Shares purchased.

EXERCISE AND HOLD. Note: • If you select the Exercise and Hold method of exercise, you must also follow the procedures described in the Award Agreement to pay the Exercise Price and the taxes related to this exercise. You should contact [Third Party Administrator] at the address given below to find out the amount of the taxes due. AUSTRIAN FORM • If you select either the Cashless Exercise and Sell or the Combination Exercise methods of paying the Exercise Price, you should contact [Third Party Administrator] at the address given below to be sure you understand how your choice of payment will affect the number of common shares of the Company you will receive. AUSTRIAN FORM By signing below, I acknowledge and agree that: • I fully understand the effect (including the investment effect) of exercising my NSOs and buying common shares of the Company and understand that there is no guarantee that the value of these common shares will appreciate or will not depreciate; • This Exercise Notice will have no effect if it is not returned to [Third Party Administrator] at the address given below before the Expiration Date specified in the Award Agreement under which these NSOs were granted; and • The common shares of the Company I am buying by completing and returning this Exercise Notice will be issued to me as soon as administratively practicable. (signature) Date signed: A signed copy of this Nonqualified Stock Option Exercise Notice must be sent to the following address no later than the Expiration Date: [Third Party Administrator] Attention: [TPA Contact’s Name] [Contact’s Address] AUSTRIAN FORM

EXERCISE AND HOLD. If you elect this alternative, you must pay the full exercise price plus related taxes (in cash, a cash equivalent or in common shares of the Company having a value equal to the exercise price and which you have owned for at least six months before the exercise date). When the transaction is complete, you will receive one common share for each NSO exercised. Before choosing an exercise method, you should read the Prospectus, as supplemented, to ensure you understand the federal income tax effect of exercising your NSOs and of the exercise method you choose. If you do not elect one of these methods, we will apply the Cashless Exercise and Sell method described above. The federal income tax treatment of your NSOs is discussed in the Plan’s Prospectus, as supplemented. Normally, you may exercise your NSOs after they vest and before the Expiration Date ([Expiration Date]). However, your NSOs may be cancelled earlier than the Expiration Date if you terminate employment before [Vesting Date].

EXERCISE AND HOLD. If you elect this alternative, you must pay the full exercise price plus related taxes (in cash, a cash equivalent or in common shares of the Company having a value equal to the exercise price and which you have owned for at least six months before the exercise date). When the transaction is complete, you will receive one common share for each NSO exercised. Before choosing an exercise method, you should read the "Federal Income Tax" section of the Prospectus to ensure you understand the federal income tax effect of exercising your NSOs and of the exercise method you choose. If you do not elect one of these methods, we will apply the Cashless Exercise and Sell method described above. TAX TREATMENT OF YOUR NSOS The federal income tax treatment of your NSOs is discussed in the Plan's Prospectus. ***** GENERAL TERMS AND CONDITIONS YOU MAY FORFEIT YOUR NSOS IF YOUR EMPLOYMENT ENDS Normally, you may exercise your NSOs after they vest and before the Expiration Date ([Expiration Date]). However, your NSOs may be cancelled earlier than the Expiration Date if you terminate employment before [Vesting Date].

EXERCISE AND HOLD. If you elect this alternative, you must pay the related taxes (in cash, a cash equivalent or in common shares of the Company having a value equal to the taxes due and which you have owned for at least six months before the exercise date). When the transaction is complete, you will receive whole common shares of the Company. Before exercising your SARs, you should read the “Federal Income Tax” section of the Prospectus to ensure you understand the federal income tax effect of exercising your SARs and of the exercise method you choose. If you do not elect one of these methods, we will apply the Combination Exercise method described above. The federal income tax treatment of your SARs is discussed in the Plan’s Prospectus.

EXERCISE AND HOLD. Note: • If you select the Exercise and Hold method of exercise, you must also follow one of the procedures described in the Award Agreement to pay the taxes related to this exercise. You should contact [Third Party Administrator] at the address given below to find out the amount of these taxes. • If you select the Combination Exercise method of exercise, you should contact [Third Party Administrator] at the address given below to be sure you understand how your choice will affect the number of common shares of the Company you will receive. By signing below, I acknowledge and agree that: • I fully understand the effect (including the investment effect) of exercising my SARs and buying common shares of the Company and understand that there is no guarantee that the value of these shares common will appreciate or will not depreciate; • This Exercise Notice will have no effect if it is not returned to [Third Party Administrator] at the address given below before the Expiration Date specified in the Award Agreement under which these SARs were granted; and • Any common shares of the Company I am acquiring by completing and returning this Exercise Notice will be issued to me as soon as administratively practicable. [Grantee’s Name]

EXERCISE AND HOLD. If you elect this alternative, you must pay the full exercise price plus related taxes (in cash, a cash equivalent or in common shares of the Company having a value equal to the exercise price and which you have owned for at least six months before the exercise date). When the transaction is complete, you will receive one common share for each NSO exercised. Before choosing an exercise method, you should read the “Federal Income Tax” section of the Prospectus to ensure you understand the federal income tax effect of exercising your NSOs and of the exercise method you choose. If you do not elect one of these methods, we will apply the Cashless Exercise and Sell method described above. The federal income tax treatment of your NSOs is discussed in the Plan’s Prospectus. Normally, you may exercise your NSOs after they vest and before the Expiration Date ([Expiration Date]). However, your NSOs may be cancelled earlier than the Expiration Date if your engagement for service terminates before [Vesting Date]. [a] If your engagement for service is terminated for “cause” (as defined in the Plan), the NSOs will expire on the date your engagement for service ends; or

EXERCISE AND HOLD. You come up with the monies to cover the exercise cost and taxes, and you will receive the shares exercised on settlement. If you do not elect one of these methods, we will apply the Cashless Exercise and Sell method described above. You have been awarded Nonqualified Stock Options (or “NSOs”) to purchase ___common shares of the Company. You may purchase one of the Company’s common shares for each NSO, but only if you pay $___(“Exercise Price”) for each common share purchased, you exercise the NSOs on or before ___(“Expiration Date”) and meet the terms and conditions described in this Agreement and in the Plan and in the Prospectus. Your NSOs will vest (and be exercisable) on ___. There also are some special situations in which your NSOs may vest earlier. These are described later in this Agreement. At any one time you may not exercise NSOs to buy fewer than 100 common shares of the Company (or, if smaller, the number of your outstanding vested NSOs). Also, you may never exercise an NSO to purchase a fractional common share of the Company; NSOs for fractional common shares will always be redeemed for cash. After they vest, you may exercise your NSOs by completing a form. This form, and other procedures that you must follow, are available from Mxxxxxx Lxxxx or by contacting us at the number (or address) shown above. There are three exercise methods available to you. You will decide on the method at the time of exercise.

EXERCISE AND HOLD. You come up with the monies to cover the exercise cost and taxes, and you will receive the shares exercised on settlement. If you do not elect one of these methods, we will apply the Cashless Exercise and Sell method described above. You have been awarded ___Affiliated Stock Appreciation Rights (or “ASARs”). ASARs are associated with options that also were granted on the date of this Agreement. ASARs will automatically be exercised when you exercise the affiliated options. When this happens, the difference between the value of one of the Company’s common shares on the date of this Agreement and the date the ASAR is exercised will be applied against the price you must pay to exercise the affiliated option. However, if you do not exercise the affiliated option on or before ___(“Expiration Date”), the ASARs will expire and may not be exercised at a later date. Your ASARs will vest on ___. There also are some special situations in which your ASARs may vest earlier. These are described later in this Agreement. This brief discussion of the federal tax rules that affect your ASARs is provided as general information (not as personal tax advice) and is based on the Company’s understanding of federal tax laws and regulations in effect as of the date of this Agreement. You are not required to pay ordinary income taxes on the value of an ASAR when it is awarded or when it vests (there are no tax consequences if your ASARs expire without being exercised). However, you are required to pay income tax (at ordinary income tax rates) when an ASAR is exercised. This tax is calculated by applying ordinary income tax rates to the difference between the value of a common share of the Company when the ASAR is exercised and the value of a common share of the Company on the date of this Agreement. You have been awarded ___Freestanding Stock Appreciation Rights (or “FSARs”). Each FSAR enables you to receive the difference between the value of one of the Company’s common shares when the FSAR is exercised and the value of one of the Company’s common shares on the date of this Agreement. And you may realize this appreciation without making any cash investment. However, you must exercise your FSARs no later than ___(“Expiration Date”). If you do not exercise your FSARs on or before this date, they will expire and may not be exercised at a later date. Your FSARs will vest (and be exercisable) on ___. There also are some special situations in which your FSARs may vest earlier. These are ...

EXERCISE AND HOLD. The total exercise price of $ for such options which are exercised hereby is enclosed. Also enclosed is the applicable taxes on the difference between the close of market on of $ per share and the exercise price for shares sold or exercised. The net gain is $ .