Exercise/Pledge. To the extent permitted by the Board in its sole discretion, and if a public market for the Shares exists, payment may be made in whole or in part by delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker or lender approved by the Company to pledge Shares, as security for a loan, and to deliver all or part of the loan proceeds to the Company in payment of all or part of the Exercise Price and any withholding taxes.
Appears in 10 contracts
Samples: 2014 Stock Incentive Plan (Silvaco Group, Inc.), Stock Plan (Life Spectacular, Inc.), Stock Incentive Plan (FTC Solar, Inc.)
