Common use of Financing Clause in Contracts

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 60 contracts

Samples: Stock Option Agreement (Soligenix, Inc.), Option Agreement (Positron Corp), Stock Option Agreement (Positron Corp)

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Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporationsecured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 31 contracts

Samples: Stock Option Agreement (Sky440, Inc.), Stock Option Agreement (Sky440, Inc.), Stock Option Agreement (T3 Motion, Inc.)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationnote. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 16 contracts

Samples: Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (Cardiovascular Dynamics Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationbearing interest at a market rate and secured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 11 contracts

Samples: Stock Option Agreement (Caribou Biosciences, Inc.), Stock Option Agreement (Caribou Biosciences, Inc.), www.sec.gov

Financing. The Plan Administrator may, in its absolute --------- discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 11 contracts

Samples: Corporation Stock Option Agreement (DTM Corp /Tx/), Stock Option Agreement (Stamps Com Inc), Stock Option Agreement (Restoration Hardware Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 9 contracts

Samples: Stock Option Agreement (Align Technology Inc), Option Agreement (Collegeclub Com Inc), Stock Option Agreement (Websense Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationnote. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.discretion.(1)

Appears in 9 contracts

Samples: Stock Purchase Agreement (Vista Medical Technologies Inc), Employment Agreement (Hyperion Solutions Corp), Stock Option Agreement (Exogen Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the CorporationCompany. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 6 contracts

Samples: Employment Agreement, Employment Agreement, Term Incentive and Share Award Plan Non Statutory Stock Option Agreement (1 800 Flowers Com Inc)

Financing. The Plan Administrator may, in its absolute --------- discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporationsecured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 5 contracts

Samples: Stock Option Agreement (Prime Response Group Inc/De), Actuate Software Corporation Stock Option Agreement (Actuate Corp), Stock Option Agreement (Digital Island Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationnote. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.note

Appears in 4 contracts

Samples: Legacy Software Inc, Pervasive Software Inc, Act Networks Inc

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 4 contracts

Samples: Stock Option Agreement (Willis Lease Finance Corp), Incorporated Stock Option Agreement (Theratx Inc /De/), E Trade Group Inc

Financing. The Plan Administrator may, in its absolute discretion --------- and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporationsecured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 4 contracts

Samples: Stock Option Agreement (Iteris Inc), Prime Response (Prime Response Group Inc/De), Prime Response (Prime Response Inc/De)

Financing. The Plan Administrator may, in its absolute discretion and --------- without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 4 contracts

Samples: Stock Option Agreement (Atl Products Inc), Portal Software (Portal Software Inc), Stock Option Agreement (Comps Com Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased purchase Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 4 contracts

Samples: Ultimate Sports Entertainment Inc, Rx Technology Holdings Inc, Global E Tutor Inc

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporationsecured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 4 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Danger Inc), Stock Option Agreement (Upek Inc)

Financing. The Plan Administrator may, in its absolute discretion --------- and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 3 contracts

Samples: Exhibit 99 (Geocities), Vialink Company Stock Option Agreement (Vialink Co), Portal Software Inc

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to in one or more installments bearing interest at a market rate and secured by the Corporationpurchased shares. The remaining terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 3 contracts

Samples: Stock Option Agreement (Broadcom Corp), Broadcom Corporation Stock Option Agreement (Broadcom Corp), Exempt Employee Stock Option Agreement (Broadcom Corp)

Financing. The Plan Administrator may, in its absolute discretion and --------- without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement (E Trade Group Inc), Non Statutory Stock Option Agreement (E Trade Group Inc), Non Statutory Stock Option Agreement (E Trade Group Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporationsecured by those Option Shares. The payment schedule and other terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 3 contracts

Samples: Stock Option Agreement (Active Network Inc), Stock Option Agreement (Active Network Inc), Stock Option Agreement (Active Network Inc)

Financing. The Plan Administrator may, in its absolute discretion and made without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the CorporationCompany. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 3 contracts

Samples: Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 2 contracts

Samples: Broadcom Corp, Broadcom Corp

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationnote. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.discretion.1

Appears in 2 contracts

Samples: Stock Option Agreement (I2 Technologies Inc), Stock Option Agreement (I2 Technologies Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to secured by those Option Shares, provided that Optionee is not a member of the Board or an officer of the Corporation. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 2 contracts

Samples: Stock Option Agreement (Ceres, Inc.), Stock Option Agreement (Ceres, Inc.)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse promissory note payable to the Corporationbearing interest at a market rate and secured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 2 contracts

Samples: Vontu (Symantec Corp), Pacira Pharmaceuticals, Inc.

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Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.discretion.(1)

Appears in 1 contract

Samples: Corporation Stock Option Agreement (Quadramed Corp)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporationsecured by those Option Shares. The payment schedule and other terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion. However, any promissory note delivered by a consultant must be secured by collateral in addition to the purchased shares of Common Stock.

Appears in 1 contract

Samples: Stock Option Agreement (Cisco Systems Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse promissory note payable to the CorporationCorporation and bearing a market rate of interest, compounded semi-annually, as determined by the Plan Administrator. The remaining terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Stock Option Agreement (Ligand Pharmaceuticals Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationnote. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.discretion.1/

Appears in 1 contract

Samples: Stock Option Agreement (Atlantic Pharmaceuticals Inc)

Financing. The Plan Administrator may, in its absolute --------- discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (E Trade Group Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.promissory

Appears in 1 contract

Samples: Broadcom Corp

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-full- recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Touchstone Software Corp /Ca/

Financing. The Plan Administrator plan administrator may, in its absolute discretion and --------- without any obligation to do so, permit Optionee optionee to pay the Exercise Price exercise price for the purchased Option Shares option shares by delivering a full-recourse promissory note payable to the Corporationcorporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator plan administrator in its sole discretion.

Appears in 1 contract

Samples: Form of Stock Option Agreement (Comps Com Inc)

Financing. The Plan Administrator may, in its absolute --------- discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporationnote. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Stock Option Agreement (Emcore Corp)

Financing. The To the extent permitted by applicable law, the Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse promissory note payable to the Corporationbearing interest at a market rate and secured by those Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Stock Option Agreement (Crocs, Inc.)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Stock Option Agreement (Globecomm Systems Inc)

Financing. The To the extent permitted by law, the Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse promissory note payable to the CorporationCorporation and bearing a market rate of interest, compounded semi-annually, as determined by the Plan Administrator. The remaining terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Stock Option Agreement (Intrusion Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse promissory note payable bearing interest at a market rate and secured by those Option Shares; provided, however, that if Optionee is a consultant, the note must be secured by collateral in addition to the Corporationpurchased Option Shares. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Share Option Agreement (ALPHA & OMEGA SEMICONDUCTOR LTD)

Financing. The Plan Administrator may, in its absolute --------- discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares by delivering a full-recourse recourse, interest-bearing promissory note payable to the Corporation. The terms of any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established secured by the Plan Administrator in its sole discretion.those

Appears in 1 contract

Samples: Stock Option Agreement (Naviant Inc)

Financing. The Plan Administrator may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased Option Shares (to the extent such Exercise Price is in excess of the par value of those shares) by delivering a full-recourse promissory note payable to the Corporationbearing interest at a market rate. The terms of payment schedule in effect for any such promissory note (including the interest rate, the requirements for collateral and the terms of repayment) shall be established by the Plan Administrator in its sole discretion.

Appears in 1 contract

Samples: Stock Option Agreement (Kior Inc)

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