Exercise Procedure. Subject to terms and conditions set forth herein, Options may be exercised by giving written notice of exercise to PepsiCo in the manner specified from time to time by PepsiCo. The aggregate Option Exercise Price for the shares being purchased, together with any amount which the Company may be required to withhold upon such exercise in respect of applicable foreign, federal (including FICA), state and local taxes, must be paid in full at the time of issuance of such shares.
Appears in 22 contracts
Samples: 2021 Pepsico Annual Long Term Incentive Award (Pepsico Inc), Annual Long Term Incentive Award (Pepsico Inc), Stock Option Agreement (Pepsico Inc)
Exercise Procedure. Subject to terms and conditions set forth herein, Options may be exercised by giving written notice of exercise to PepsiCo in the manner specified from time to time by PepsiCo. The aggregate Option Exercise Price for the shares being purchased, together with any amount which the Company may be required to withhold upon such exercise in respect of applicable foreign, federal (including FICA), state and local taxesexercise, must be paid in full at the time of issuance of such shares.
Appears in 2 contracts
Samples: Non Employee Director Long Term Incentive Award Agreement (Pepsico Inc), Non Employee Director Long Term Incentive Award Agreement (Pepsico Inc)
