How to Exercise. The exercise of this OPTION shall be effective only upon the delivery to MCGRXXX xx a written notice of intention to exercise the OPTION in substantially the form attached hereto as Exhibit A specifying the number of shares then to be purchased under the OPTION and the date of such purchase (which, unless MCGRXXX xxxerwise consents, shall be at not more than thirty (30) days after the delivery of such notice). Delivery of a certificate, or certificates, representing said shares shall be made only upon the tender of payment of the purchase price of the number of shares specified in such notice on said date.
Appears in 4 contracts
Samples: Employee Incentive Stock Option Agreement (McGrath Rentcorp), Employee Incentive Stock Option Agreement (McGrath Rentcorp), Director's Non Qualified Stock Option Agreement (McGrath Rentcorp)
