Common use of Exercising Options Clause in Contracts

Exercising Options. Subject to the terms of Section 13 (Payment) and Section 18.3 (Withholding Taxes) of the Plan, you may exercise Options that have vested by delivering a notice of exercise as described in Section 7 of this Appendix A or by execution of the stock exercise procedures established on the Xxxxxxx Xxxxx Benefits OnLine® website. When you exercise an Option, you pay the xxxxx xxxxx for Company stock. You may retain the stock (and, if you choose, sell it at a later date), or you may direct that the stock be sold immediately, subject to compliance with the Company’s xxxxxxx xxxxxxx policies. The Company has engaged Xxxxxxx Xxxxx to provide services for exercising Options. You may exercise Options in one of three ways:

Exercising Options. Subject to the terms of Section 13 (Payment) and Section 18.3 (Withholding Taxes) of the Plan, you may exercise Options that have vested by delivering a notice of exercise as described in Section 7 of this Appendix A or by execution of the stock exercise procedures established on the Xxxxxxx Xxxxx Benefits OnLine® website. When you exercise an Option, you pay the xxxxx xxxxx for Company stock. You may retain the stock (and, if you choose, sell it at a later date), or you may direct that the stock be sold immediately, subject to compliance with the Company’s xxxxxxx xxxxxxx policies. The Company has engaged Xxxxxxx Xxxxx to provide services for exercising Options. You may exercise Options options in one of three ways: