Common use of Exercise/Pledge Clause in Contracts

Exercise/Pledge. To the extent that a Stock Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 48 contracts

Samples: 2020 Stock Incentive Plan (Vincerx Pharma, Inc.), Stock Option Agreement (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Sow Good Inc.)

AutoNDA by SimpleDocs

Exercise/Pledge. To the extent that a Stock an Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 9 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), Omnibus Incentive Plan (I-Mab), Stock Incentive Plan (Rockley Photonics Holdings LTD)

Exercise/Pledge. To the extent that a Stock Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 2 contracts

Samples: Stock Option Agreement (Plus Therapeutics, Inc.), Plus Therapeutics, Inc.

AutoNDA by SimpleDocs

Exercise/Pledge. To the extent that a Stock an Option Award Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Ordinary Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of the aggregate Exercise Price.

Appears in 1 contract

Samples: Award Agreement (Gorilla Technology Group Inc.)

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