Common use of Exercise Through Third-Party Broker Clause in Contracts

Exercise Through Third-Party Broker. The Committee may permit a Holder to elect to pay the Option Price and any applicable tax withholding resulting from such exercise by authorizing a third-party broker to sell all or a portion of the shares of Stock acquired upon exercise of the Option and remit to the Company a sufficient portion of the sale proceeds to pay the Option Price and any applicable tax withholding resulting from such exercise.

Appears in 8 contracts

Samples: Rosetta Stone Inc, Rosetta Stone Inc, Award Agreement (Supermedia Inc.)

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Exercise Through Third-Party Broker. The Committee may permit a Holder to elect to pay the Option Price and any applicable tax withholding resulting from such exercise by authorizing a third-party broker to sell all or a portion of the shares of Stock Shares acquired upon exercise of the Option and remit to the Company a sufficient portion of the sale proceeds to pay the Option Price and any applicable tax withholding resulting from such exercise.

Appears in 5 contracts

Samples: Energy Hunter Resources, Inc., Newfield Exploration Co /De/, Newfield Exploration Co /De/

Exercise Through Third-Party Broker. The Committee may permit a Holder to elect to pay the Option Price and any applicable tax withholding resulting from such exercise by authorizing a third-party broker to sell all or a portion of the shares of Stock acquired upon exercise of the Option and remit to the Company a sufficient portion of the sale proceeds to pay the Option Price and any applicable federal, state, local and foreign tax withholding resulting from such exercise.

Appears in 3 contracts

Samples: Viasat Inc, Independence Contract (Independence Contract Drilling, Inc.), RigNet, Inc.

Exercise Through Third-Party Broker. The Committee may permit a Holder to elect to pay the Option Price and any applicable tax withholding resulting from such exercise by authorizing a third-party broker to sell all or a portion of the shares of Stock acquired upon exercise of the Option and remit to the Company a sufficient portion of the sale proceeds to pay the Option Price and any applicable tax withholding resulting from such exercise.a

Appears in 2 contracts

Samples: Quanex Corp, Quanex Corp

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Exercise Through Third-Party Broker. The Committee may permit or require a Holder to elect to pay the Option Price and any applicable tax withholding Tax-Related Items resulting from such exercise by authorizing a third-party broker to sell all or a portion of the shares of Stock Shares acquired upon exercise of the Option and remit to the Company a sufficient portion of the sale proceeds to pay the Option Price and any applicable tax withholding Tax-Related Items resulting from such exercise.

Appears in 2 contracts

Samples: Weatherford International LTD, Weatherford International LTD

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