Common use of EXERCISE AND HOLD Clause in Contracts

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.

Appears in 12 contracts

Samples: Nonqualified Stock Option Award Agreement (Scotts Miracle-Gro Co), Term Incentive Plan (Scotts Miracle-Gro Co), www.sec.gov

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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. If you do not elect one of these methods, the Company will apply the Cashless Exercise and Sell method described above.

Appears in 3 contracts

Samples: Scotts Miracle-Gro Co, Scotts Miracle-Gro Co, Scotts Miracle-Gro Co

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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. If you do not elect one of these methods, we will apply the Cashless Exercise and Sell method described above.

Appears in 1 contract

Samples: Scotts Miracle-Gro Co

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