Common use of Manner of Exercisability and Payment Clause in Contracts

Manner of Exercisability and Payment. (a) Subject to the terms and conditions of this Agreement, each Option may be exercised in whole at any time, or in part, from time to time, by delivery of written notice to the Company, at its principal executive office. The notice shall state which Option(s) Employee is electing to exercise and the number of Option Shares being exercised and shall be signed by Employee.

Appears in 5 contracts

Samples: Employment Agreement (Siberian Energy Group Inc.), Employment Agreement (Siberian Energy Group Inc.), Employment Agreement (Siberian Energy Group Inc.)

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