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 51 contracts
Samples: 2020 Stock Incentive Plan (Nikola Corp), Inducement Award Plan (SITIME Corp), 2020 Stock Incentive Plan (Nikola Corp)
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), 2021 Stock Incentive Plan (Lucid Group, Inc.), 2024 Omnibus Incentive Plan (I-Mab)
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: 2020 Stock Incentive Plan (Plus Therapeutics, Inc.), 2020 Stock Incentive Plan (Plus Therapeutics, Inc.)
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
