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

Form of Payment of Option Price. Such payment shall be made in cash, check or cash equivalent, by delivery of shares of Common Stock owned by the Optionee valued at fair market value (as determined by the Board), or in any other form as may be permitted by the Board in its sole discretion.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Patel Paresh), Nonqualified Stock Option Agreement (HCI Group, Inc.), Nonqualified Stock Option Agreement (HCI Group, Inc.)

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