Common use of Exercise by Another Clause in Contracts

Exercise by Another. If another person wants to exercise this Option after it has been transferred to him or her in compliance with this Agreement, that person must prove to the Company’s satisfaction that he or she is entitled to exercise this Option. That person must also complete the proper Exercise Notice form (as described above) and pay the exercise price (as described below) and any applicable tax withholding due upon exercise of this Option (as described below).

Appears in 2 contracts

Samples: Performance Stock Option Agreement (Deckers Outdoor Corp), Performance Stock Option Agreement (Deckers Outdoor Corp)

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Exercise by Another. If another person wants to exercise this the Option after it has been transferred to him or her in compliance with this Option Agreement, that person must prove to the Company’s satisfaction that he or she is entitled to exercise this the Option. That person must also complete the proper Exercise Notice form (as described above) and pay the exercise price Exercise Price (as described below) and any applicable tax withholding due upon exercise of this Option Tax-Related Items (as described below).

Appears in 1 contract

Samples: Stock Option Award Agreement (Laffin Acquisition Corp.)

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Exercise by Another. If another person wants to exercise this Option after it has been transferred to him or her in compliance with this Agreementher, that person must prove to the Company’s satisfaction that he or she is entitled to exercise this Option. That person must also complete the proper Exercise Notice form (as described above) and pay the exercise price (as described below) and any applicable tax withholding due upon exercise of this the Option (as described below).

Appears in 1 contract

Samples: Stock Option Agreement (Acucela Inc.)

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