HOW EXERCISABLE. Optionee may exercise the Option by delivery of a Written Exercise in the form attached as Exhibit "A," which must be dated, signed and fully completed. The Company must receive your Written Exercise (a) within the Term; and (b) accompanied by the full exercise price for the shares to be acquired. The exercise price may be paid in one of the following ways:
HOW EXERCISABLE. 2.1 Optionee may exercise the Option by delivery of a Notice of Exercise in the form attached as Schedule A, which must be dated, signed and fully completed. The Company must receive your Notice of Exercise:
HOW EXERCISABLE. 4.1 Subject to such administrative regulations as the Committee may from time to time adopt, the Grantee or beneficiary shall, in order to exercise this Option give to the Company at its principal office notice in writing in the form of Schedule A hereto setting out the number of Optioned Shares with respect to which the Option is being exercised. The notice must be accompanied by payment of a certified check, official bank cashier's check or money order in an amount equal to the Exercise Price multiplied by the number of shares requested and a duly executed copy of this Agreement.
HOW EXERCISABLE. 4.1 Subject to such administrative regulations as the Committee may from time to time adopt, the Grantee or beneficiary shall, in order to exercise this Option give to the Company at its principal office notice in writing in the form of Schedule A hereto setting out the number of Optioned Shares with respect to which the Option is being exercised. The notice must be accompanied by payment of a certified check, official bank cashier's check or money order in an amount equal to the Exercise Price multiplied by the number of shares requested and a duly executed copy of this Agreement. At the discretion of the Committee, the Grantee may pay all or a portion of the purchase price by tender of Common Stock or a combination of stock and cash or other means determined by the Committee.
HOW EXERCISABLE. 4.1 Subject to such administrative regulations as the Committee may from time to time adopt, the Grantee or beneficiary shall, in order to exercise this Option give to the Company at its principal office notice in writing in the form of Schedule A hereto setting out the number of Optioned Shares with respect to
HOW EXERCISABLE. The Staff Member may exercise the Option by delivering written notice to the Corporation specifying the number of shares to be acquired. That notice shall be accompanied either by (a) a check in full payment of the Option price per share, (b) delivery of full shares of the Corporation's common stock duly owned by the Staff Member (and for which the Staff Member has good title, free and clear of any liens or encumbrances) in negotiable form and having a Market Value Per Share on the date of exercise equal to the Option price of the shares being acquired (which may include shares to be issued in connection with the exercise of the Option, subject to such rules as the Committee deems appropriate), (c) any combination of cash and such shares equal in value to the exercise price, or (d) delivery of other consideration that the Committee deems appropriate (including payment in accordance with a cashless exercise program under which, if the Staff Member so instructs, shares may be issued directly to the Staff Member's broker or dealer upon receipt of the full exercise price from the broker or dealer). Until that payment, the Staff Member shall have no rights in the stock being acquired. The Staff Member acknowledges that all shares acquired by him or her pursuant hereto are and will be acquired for investment only and not for distribution. The Staff Member shall provide the Corporation with a written representation, signed by him or her, to that effect upon request.
HOW EXERCISABLE. (a) The Employee shall exercise the Option by written notice to the Company, which notice shall specify the number of shares to be purchased and the date of exercise (the "Date of Exercise") which Date shall not be more than seven (7) days after the day of the mailing of such notice. On or before the Date of Exercise, a certified check or, at the Employee's election, shares of the Company's Common Stock, previously acquired at least six (6) months prior to the Date of Exercise and currently owned by the Employee, equal in fair market value to the full payment of the Option price for such shares shall be delivered to the Company at the office designated in this Agreement; and until such payment, the Employee shall have no rights in the optioned stock. In the event of any failure to take and pay by cash or previously acquired shares, for the number of shares specified in the notice of election on the date stated therein, the Option shall become inoperative and lapse as to such number of shares, but shall continue with respect to any remaining shares subject to the Option as to which notice of exercise has not yet been made.
HOW EXERCISABLE. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the option shall be exercised by written notice to the Company. Each such notice shall:
HOW EXERCISABLE. Subject to such administrative regulations as the committee of the Board of Directors of the Company (the "Board") appointed to administer the Plan (the "Committee") may from time to time adopt, the Optionee or beneficiary shall, in order to exercise this Option give written notice to the Committee of the exercise price and the number of shares which he will purchase and furnish an undertaking to make payment of such exercise price in United States dollars before issuance of such shares. If a Committee has not been appointed by the Board to administer the Plan, for purposes of this Agreement, "
HOW EXERCISABLE. If the City intends to exercise the purchase ---------------- option, it must so notify the Franchisee in writing no later than sixty (60) days after the cancellation, revocation or nonrenewal of the Franchise. If the City notifies the Franchisee it intends to exercise this option, the parties shall promptly enter into negotiations to establish terms and conditions of the sale consistent with general industry practices, except that the price for the Cable System shall be determined in accordance with Section 15(f)(3) and (4).
