Common use of Forms of Consideration Authorized Clause in Contracts

Forms of Consideration Authorized. Except as otherwise provided below, the Option Exercise Price shall be payable (a) in cash or by check acceptable to the Company or by wire transfer of immediately available funds; (b) if permitted by the Company and subject to the limitations set forth in Section 6(b)(ii), (i) by the actual or constructive transfer to the Company of shares of Common Stock owned by the Grantee having a value at the time of exercise equal to the Option Exercise Price, (ii) by a “net exercise” method as described in the Plan, or (iii) from the proceeds of sale through a bank or broker on a date satisfactory to the Company of some or all of the Common Stock acquired upon exercise of the Option; (c) by a combination of such methods of payment; or (d) by such other methods as may be approved by the Committee.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.), Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.)

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Forms of Consideration Authorized. Except as otherwise provided below, the Option Exercise Price shall be payable (a) in cash or by check acceptable to the Company or by wire transfer of immediately available funds; (b) NAI-1513474051v5 if permitted by the Company and subject to the limitations set forth in Section 6(b)(ii), (i) by the actual or constructive transfer to the Company of shares of Common Stock owned by the Grantee having a value at the time of exercise equal to the Option Exercise Price, (ii) by a net exercise” exercise method as described in the Plan, or (iii) from the proceeds of sale through a bank or broker on a date satisfactory to the Company of some or all of the Common Stock acquired upon exercise of the Option; (c) by a combination of such methods of payment; or (d) by such other methods as may be approved by the Committee.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Super Micro Computer, Inc.)

Forms of Consideration Authorized. Except as otherwise provided below, the Option Exercise Price shall be payable (a) in cash or by check acceptable to the Company or by wire transfer of immediately available funds; (b) if permitted by the Company and subject to the limitations set forth in Section 6(b)(ii), (i) by the actual or constructive transfer to the Company of shares of Common Stock owned by the Grantee having a value at the time of exercise equal to the Option Exercise Price, (ii) by a net exercise” exercise method as described in the Plan, or (iii) from the proceeds of sale through a bank or broker on a date satisfactory to the Company of some or all of the Common Stock acquired upon exercise of the Option; (c) by a combination NAI-1513338219v7 of such methods of payment; or (d) by such other methods as may be approved by the Committee.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.)

Forms of Consideration Authorized. Except as otherwise provided below, the Option Exercise Price shall be payable (a) in cash or by check acceptable to the Company or by wire transfer of immediately available funds; (b) if permitted by the Company and subject to the limitations set forth in Section 6(b)(ii), (i) by the actual or constructive transfer to the Company of shares of Common Stock owned by the Grantee having a value at the time of exercise equal to the Option Exercise Price, (ii) by a net exercise” exercise method as described in the Plan, or (iii) from the proceeds of sale through a bank or broker on a date satisfactory to the Company of some or all of the Common Stock acquired upon exercise of the Option; (c) by a combination NAI-1513474051v5 of such methods of payment; or (d) by such other methods as may be approved by the Committee.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Super Micro Computer, Inc.)

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Forms of Consideration Authorized. Except as otherwise provided below, the Option Exercise Price shall be payable (a) in cash or by check acceptable to the Company or by wire transfer of immediately available funds; (b) NAI-1513338219v7 if permitted by the Company and subject to the limitations set forth in Section 6(b)(ii), (i) by the actual or constructive transfer to the Company of shares of Common Stock owned by the Grantee having a value at the time of exercise equal to the Option Exercise Price, (ii) by a net exercise” exercise method as described in the Plan, or (iii) from the proceeds of sale through a bank or broker on a date satisfactory to the Company of some or all of the Common Stock acquired upon exercise of the Option; (c) by a combination of such methods of payment; or (d) by such other methods as may be approved by the Committee.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Super Micro Computer, Inc.)

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