Common use of Exercise Procedure Clause in Contracts

Exercise Procedure. Subject to the conditions set forth in this Agreement, this option shall be exercised by the Optionee’s delivery of written notice of exercise through the online service designated by the Company (currently E*TRADE OptionsLink), specifying the number of shares to be purchased and the purchase price to be paid therefor and accompanied by payment in full in accordance with Section 4. Such exercise shall be effective upon receipt by such online service of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered hereby, provided that no partial exercise of this option may be for any fractional share.

Appears in 9 contracts

Samples: Employee Stock Option Agreement (Idexx Laboratories Inc /De), Director Stock Option Agreement (Idexx Laboratories Inc /De), Employee Stock Option Agreement (Idexx Laboratories Inc /De)

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Exercise Procedure. Subject to the conditions set forth in this Agreement, this option Option shall be exercised by the Optionee’s delivery of written notice of exercise through the online service designated by the Company (currently E*TRADE OptionsLink), specifying the number of shares Shares to be purchased and the purchase price to be paid therefor and accompanied by payment in full in accordance with Section 4. Such exercise shall be effective upon receipt by such online service of such written notice together with the required payment. The Optionee may purchase less than the number of shares Shares covered hereby, provided that no partial exercise of this option Option may be for any fractional share.

Appears in 7 contracts

Samples: Stock Option Agreement (Idexx Laboratories Inc /De), Employee Stock Option Agreement (Idexx Laboratories Inc /De), Director Stock Option Agreement (Idexx Laboratories Inc /De)

Exercise Procedure. Subject to the conditions set forth in this Agreement, this option shall be exercised by the Optionee’s delivery of written notice of exercise through to the online service designated by the Company (currently E*TRADE OptionsLink)Company, specifying the number of shares to be purchased and the purchase price to be paid therefor and accompanied by payment in full in accordance with Section 4. Such exercise shall be effective upon receipt by such online service the Company of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered hereby, provided that no partial exercise of this option may be for any fractional share or for less than one whole share.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Avalon Pharmaceuticals Inc), Incentive Stock Option Agreement (Verenium Corp), Non Qualified Stock Option Agreement (Avalon Pharmaceuticals Inc)

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Exercise Procedure. Subject to the conditions set forth in this Agreement, this option shall be exercised by the Optionee’s 's delivery of written notice of exercise through to the online service designated by the Company (currently E*TRADE OptionsLink)Company, specifying the number of shares to be purchased and the purchase price to be paid therefor and accompanied by payment in full in accordance with Section 4. Such exercise shall be effective upon receipt by such online service the Company of such written notice together with the required payment. The Optionee may purchase less than the number of shares covered hereby, provided that no partial exercise of this option may be for any fractional share or for less than one whole share.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Starmet Corp), Non Statutory Stock Option Agreement (Boston Acoustics Inc), Incentive Stock Option Agreement (Boston Acoustics Inc)

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