Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Stock as to which the Option remains unexercised but exercisable. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 10 contracts
Samples: Stock Option Agreement (BayFirst Financial Corp.), Stock Option Agreement (TC Bancshares, Inc.), Stock Option Agreement (BayFirst Financial Corp.)
Exercise Terms. The Optionee must exercise the Option for at least -------------- the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 7 contracts
Samples: Stock Option Agreement (Centennial Healthcare Corp), Stock Option Agreement (Intercept Group Inc), Stock Option Agreement (Intercept Group Inc)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 6 contracts
Samples: Stock Option Agreement (Aptera Motors Corp), Stock Option Agreement (GeoVax Labs, Inc.), Stock Option Agreement (GeoVax Labs, Inc.)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 4 contracts
Samples: Stock Option Agreement (Ebank Financial Services Inc), Employment Agreement (Mainstreet Bankgroup Inc), Stock Option Agreement (Tekgraf Inc)
Exercise Terms. The Optionee must exercise the Option for at least the -------------- lesser of 100 shares or the number of shares of Stock stock which may be purchased by the Optionee under the terms of this Agreement as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 2 contracts
Samples: Stock Option Agreement (Netzee Inc), Stock Option Agreement (Netzee Inc)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 2 contracts
Samples: Stock Option Agreement (PFO Global, Inc.), Stock Option Agreement (PFO Global, Inc.)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Stock purchasable stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 2 contracts
Samples: Stock Option Agreement (MPS Group Inc), Stock Option Agreement (Modis Professional Services Inc)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Stock vested Shares as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expirationexpiration or termination, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares Shares or the number of shares of Stock vested Shares as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares Shares subject to this Option prior to its expirationexpiration or termination, the shares Shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for -------------- at least the lesser of 100 10,000 shares or the number of shares of the Stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of vested Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Stock Option Agreement (North American Galvanizing & Coatings Inc)
Exercise Terms. The Optionee must exercise the Option for at least the -------------- lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Stock Option Agreement (Netzee Inc)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares of Stock or the number of shares of vested Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares of Stock subject to this Option prior to its expiration, the shares of Stock with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Stock Option Agreement (Kinark Corp)
Exercise Terms. The Optionee must exercise the an Option for at least the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableOptions remain unexercised. If this Option is the Options are not exercised with respect to all or any part of the shares subject to this Option the Options prior to its their expiration, the shares with respect to which this Option was the Options were not exercised shall no longer be subject to this Optionthese Options. 5.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Carrier Access Corp)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Vested Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Stock Option Agreement (Kinark Corp)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Stock purchasable stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Geovax Labs (GeoVax Labs, Inc.)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Stock stock which may be purchased by the Optionee under the terms of this Agreement as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Director Stock Option Agreement (Towne Services Inc)
Exercise Terms. The Optionee must exercise the Option Options for at least the lesser of 100 10 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableOptions remain unexerciscd. If this Option is the Options are not exercised with respect to all or any part of the shares subject to this Option prior to its expirationthe Options before they expire, the shares with respect to which this Option was the Options were not exercised shall no longer be subject to this Optionthe Options. 5.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expirationbefore it expires, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least --------------- the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Samples: Stock Option Agreement (American Bingo & Gaming Corp)
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or of any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least the lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expirationbefore it expires, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
Exercise Terms. The Optionee must exercise the Option for at least the -------------- lesser of 100 shares or the number of shares of Purchasable Stock as to which the Option remains unexercised but exercisableunexercised. If In the event this Option is not exercised with respect to all or any part of the shares subject to this Option prior to its expiration, the shares with respect to which this Option was not exercised shall no longer be subject to this Option.
Appears in 1 contract
