Common use of Manner of Exercise and Payment Clause in Contracts

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 33 contracts

Samples: Nonqualified Stock Option Agreement (National Service Industries Inc), Incentive Stock Option Agreement (National Service Industries Inc), Nonqualified Stock Option Agreement (National Service Industries Inc)

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Manner of Exercise and Payment. 5.1 6.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, Company at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares shares of Stock in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 9 contracts

Samples: Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement for Corporate Officers (Telemundo Group Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee Grantee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 8 contracts

Samples: Nonqualified Stock Option Agreement (Commscope Inc), Nonqualified Stock Option Agreement (Commscope Inc), Nonqualified Stock Option Agreement (Commscope Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the CompanyCompany in the form attached hereto, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the CommitteeCompany, such person or persons shall (i) deliver this Agreement to the Secretary an Officer of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 7 contracts

Samples: Qualified Stock Option Agreement (Manchester Inc), Qualified Stock Option Agreement (Manchester Inc), Qualified Stock Option Agreement (Manchester Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice delivered in person or by mail to the Secretary of the Company, at its principal executive officeoffices. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 6 contracts

Samples: Employment Agreement (Berry Plastics Corp), Nonqualified Stock Option Agreement (Berry Plastics Holding Corp), Nonqualified Stock Option Agreement (Berry Plastics Holding Corp)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery in person, by telecopy or by mail of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 5 contracts

Samples: Option Agreement (Plains Resources Inc), Option Agreement (Plains Resources Inc), Option Agreement (Plains Resources Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, Company at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Telewest Global Inc), Nonqualified Stock Option Agreement (Telewest Global Inc), Agreement (Telewest Global Inc)

Manner of Exercise and Payment. 5.1 4.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery in person, by telecopy or by mail of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 5 contracts

Samples: Performance Stock Option Agreement (Sable Management Lp), Performance Stock Option Agreement (Plains Resources Inc), Performance Stock Option Agreement (Plains Resources Inc)

Manner of Exercise and Payment. 5.1 6.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares shares of Stock in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 4 contracts

Samples: Execution Copy Nonqualified Stock Option Agreement for Corporate Officers Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc), Nonqualified Stock Option Agreement (Telemundo Group Inc)

Manner of Exercise and Payment. 5.1 5.1. Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee Grantee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 4 contracts

Samples: Agreement (Cloud Peak Energy Inc.), Agreement (Cloud Peak Energy Inc.), Option Agreement (CVR Energy Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committeerequested, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 3 contracts

Samples: Stock Option Agreement for Nonemployee Directors (National Service Industries Inc), Stock Option Agreement (National Service Industries Inc), Stock Option Agreement (National Service Industries Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee Grantee is electing to exercise the Option and the number of Shares shares of Stock in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Commscope Inc), Nonqualified Stock Option Agreement (Commscope Inc), Agreement (Commscope Inc)

Manner of Exercise and Payment. 5.1 (a) Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice to the Company, in substantially the form attached hereto as Appendix I, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Option Shares in respect of which to be exercised under the Option is being exercised and shall be signed by the person or persons exercising the OptionOptionee. If requested by the CommitteeCompany, such person or persons the Optionee shall (i) deliver this Agreement to the Secretary of the Company who which shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons the Optionee to exercise the Option.

Appears in 2 contracts

Samples: Ross Non Qualified Share Option Agreement (Centerline Holding Co), Non Qualified Share Option Agreement (Charter Municipal Mortgage Acceptance Co)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Secretary of the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Aldila Inc), Incentive Stock Option Agreement (Aldila Inc)

Manner of Exercise and Payment. 5.1 3.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice notice, in person or by mail, to the Secretary of the Company, at its the Company’s principal executive officeoffice (or such other address as the Company may from time to time notify the Optionee of in writing). Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the OptionOptionee or, where applicable, by his Legal Representative. If requested by the Committee, such person or persons shall (i) deliver this Agreement The Company may require proof satisfactory to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof it as to the right of such person or persons the Legal Representative to exercise the Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Department 56 Inc), Stock Option Agreement (Lenox Group Inc)

Manner of Exercise and Payment. 5.1 7.1 Subject to the terms and conditions of this Agreement and the Plan, Option Plan the Option may be exercised by delivery of written notice to the CompanyCompany in the form attached hereto, at its principal executive office. Such notice shall state that the Optionee Participant is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the CommitteeCompany, such person or persons shall (i) deliver this Agreement to the Secretary an Officer of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Option Agreement (Ardent Mines LTD), Form of Stock Option Agreement (Ardent Mines LTD)

Manner of Exercise and Payment. 5.1 3.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice notice, in person or by mail, to the Secretary of the Company, at its the Company's principal executive officeoffice (or such other address as the Company may from time to time notify the Optionee of in writing). Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the OptionOptionee or, where applicable, by his Legal Representative. If requested by the Committee, such person or persons shall (i) deliver this Agreement The Company may require proof satisfactory to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof it as to the right of such person or persons the Legal Representative to exercise the Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Department 56 Inc), Stock Option Agreement (Clinton Group Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the CommitteeBoard of Directors of the Company (the "Board"), such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Neuromedical Systems Inc), Nonqualified Stock Option Agreement (Neuromedical Systems Inc)

Manner of Exercise and Payment. 5.1 6.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Robbins Charles H), Stock Option Agreement (Robbins Charles H)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, Company at its principal executive office. Such notice shall state that the Optionee Executive is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Employment Agreement (Telewest Global Inc), Employment Agreement (Telewest Global Inc)

Manner of Exercise and Payment. 5.1 3.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice notice, in person or by mail, to the Secretary of the Company, at its the Company’s principal executive officeoffice (or such other address as the Company may from time to time notify the Optionee in writing). Such notice shall state that the Optionee is electing to exercise the Option and the underlying number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the OptionOptionee or, where applicable, by his/her Legal Representative. If requested by the Committee, such person or persons shall (i) deliver this Agreement The Company may require proof satisfactory to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof it as to the right of such person or persons the Legal Representative to exercise the Option.

Appears in 2 contracts

Samples: Department 56 Inc, Lenox Group Inc

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the PlanProgram, the Option may be exercised by delivery of written notice to the Company, Company at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (National Service Industries Inc)

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Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, in the form attached hereto as Appendix A, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares Stock in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Marvel Enterprises Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice delivered in person or by mail to the Secretary of the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the CommitteeCompany, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Instinet Group Inc)

Manner of Exercise and Payment. 5.1 6.1 Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Panamsat Corp /New/

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the CommitteeCommittee (as defined in the Plan), such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Option Agreement (Neuromedical Systems Inc)

Manner of Exercise and Payment. 5.1 3.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice notice, in person or by mail, to the Secretary of the Company, at its the Company's principal executive officeoffice (or such other address as the Company may from time to time notify the Optionee in writing). Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the OptionOptionee or, where applicable, by his Legal Representative. If requested by the Committee, such person or persons shall (i) deliver this Agreement The Company may require proof satisfactory to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof it as to the right of such person or persons the Legal Representative to exercise the Option.

Appears in 1 contract

Samples: Department 56 Inc

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the Company, in the form attached hereto as Appendix A, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Marvel Enterprises Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice delivered in person or by mail to the Secretary of the Company, at its principal executive officeoffices. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons person shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons person to exercise the Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Berry Plastics Holding Corp)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option Options may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option Options and the number of Ordinary Shares in respect of which the Option is Options are being exercised and shall be signed by the person or persons exercising the OptionOptions. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the OptionOptions.

Appears in 1 contract

Samples: Stock Option Agreement (Platinum Technology International Inc)

Manner of Exercise and Payment. 5.1 5.1. Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the CompanyPartnership, at its principal executive office. Such notice shall state that the Optionee Grantee is electing to exercise the Option and the number of Shares Units in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company Partnership who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Incentive Plan Director Stock Option Agreement (CVR Partners, Lp)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice to the CompanyCorporation, at its principal executive office. Such notice shall state that the Optionee Executive is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (i) deliver this Agreement to the Secretary of the Company Corporation who shall endorse thereon on this Agreement a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the Plan, the Option may be exercised by delivery of written notice delivered in person or by mail to the Secretary of the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised exercised, and shall be signed by the person or persons exercising the Option. If requested by the Committee, such person or persons shall (ia) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise exercise, and (iib) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Augrid of Nevada Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the Committeerequested, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Stock Option Agreement (National Service Industries Inc)

Manner of Exercise and Payment. 5.1 Subject to the terms and conditions of this Agreement and the PlanAgreement, the Option may be exercised by delivery of written notice to the Company, at its principal executive office. Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the Option. If requested by the CommitteeCompany, such person or persons shall (i) deliver this Agreement to the Secretary of the Company who shall endorse thereon a notation of such exercise and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

Appears in 1 contract

Samples: Employment Agreement (United Americas Bankshares Inc)

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