Exercise/Sale. 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 approved by the Company to sell Shares and to deliver all or part of the sale proceeds to the Company in payment of all or part of the Exercise Price and any withholding taxes.
Appears in 12 contracts
Sources: 2018 Stock Incentive Plan (Pulmatrix, Inc.), 2019 Equity Incentive Plan (Fold Holdings, Inc.), 2014 Stock Incentive Plan (Silvaco Group, Inc.)