Common use of Manner of Exercise and Payment Clause in Contracts

Manner of Exercise and Payment. The Option may be exercised only by written notice to the Company by the Optionee of the Optionee's intent to exercise the Option, delivered to the Company at its principal office, specifying the number of shares with respect to which the Option is being exercised, accompanied by full payment for such shares: (a) in cash or its equivalent; (b) with the consent of the Board, by tendering shares of Common Stock valued at their fair market value at the time of exercise; or (c) with the consent of the Board, by any combination of (a) and (b).

Manner of Exercise and Payment. The 3.1 Optionee shall exercise the Option may be exercised only by giving (a) written notice of such exercise to the Company by the Optionee of the Optionee's intent to exercise the Option, delivered to the Company at its principal officeCompany, specifying the number of shares of Stock with respect to which the such Option is being exercised, accompanied by together with (b) payment of the full payment purchase price for such shares: (a) in cash or its equivalent; (b) with the consent of the Board, by tendering wire transfer to a Company account designated by the Company or by unendorsed certified or cashier’s check, equal to the number of shares of Common Stock valued at their fair market value at to be purchased multiplied by the time of exercise; or (c) with the consent of the Board, by any combination of (a) and (b)Per Share Exercise Price.

Manner of Exercise and Payment. The Optionee shall exercise the Option may be exercised only by giving (a) written notice of such exercise to the Company by the Optionee of the Optionee's intent to exercise the Option, delivered to the Company at its principal office, specifying the number of shares of Stock with respect to which the such Option is being exercised, accompanied by together with (b) payment of the full payment purchase price for such shares: (a) in cash or its equivalent; (b) with the consent of the Board, by tendering wire transfer to a Company account designated by the Committee or by unendorsed certified or cashier’s check, equal to the number of shares of Common Stock valued at their fair market value at to be purchased multiplied by the time of exercise; or (c) with the consent of the Board, by any combination of (a) and (b)Per Share Exercise Price.

Manner of Exercise and Payment. The Option may be exercised only by written notice to the Company by the Optionee of the Optionee's intent to exercise the Option, delivered to the Company at its principal office, specifying the number of shares with respect to which the Option is being exercised, accompanied by full payment for such shares: (a) in cash or its equivalent; (b) with the consent of the BoardDirector Grant Committee, by tendering shares of Common Stock valued at their fair market value at the time of exercise; or (c) with the consent of the BoardDirector Grant Committee, by any combination of (a) and (b).