Common use of Form of Payment of Exercise Price Clause in Contracts

Form of Payment of Exercise Price. Such payment shall be made in cash, by check, cash equivalent, or, at the sole discretion of the Company, pursuant to a "cashless exercise" in which the appropriate number of shares being purchased are retained by the Company in satisfaction of such payment obligations.

Form of Payment of Exercise Price. Such payment shall be made to the Company in cash, by check, check or cash equivalent, or, at the sole discretion of the Company, pursuant to a "cashless exercise" equivalent or in which the appropriate number of shares being purchased are retained any other form as may be permitted by the Company Board in satisfaction of such payment obligationsits discretion.