Common use of Exercise/Sale Clause in Contracts

Exercise/Sale. If Stock is publicly traded, all or part of the Purchase Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 11 contracts

Samples: Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Siebel Systems Inc), Stock Option Agreement (Selectica Inc)

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Exercise/Sale. If Stock is Shares are publicly traded, all or part of the Purchase Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 4 contracts

Samples: Stock Option Agreement (Green Thumb Industries Inc.), Stock Option Agreement (Green Thumb Industries Inc.), Employment Agreement (Midway Gold Corp)

Exercise/Sale. If Stock is the Shares are publicly traded, all or part of the Purchase Exercise Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 1 contract

Samples: Stock Option and Restricted Stock Agreement (Cisco Systems Inc)

Exercise/Sale. If At such time as the Stock is publicly traded, payment may be made all or in part of the Purchase Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the CompanyCompany in payment of all or part of the Exercise Price and any withholding taxes.

Appears in 1 contract

Samples: Non Employee Stock Option Agreement (Chestatee Bancshares Inc)

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Exercise/Sale. If the Stock is publicly traded, all or part of the Purchase Exercise Price and any withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company.

Appears in 1 contract

Samples: Merger Agreement (Eon Communications Corp)

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