Common use of Manner of Exercise of Options Clause in Contracts

Manner of Exercise of Options. The options or rights to purchase common stock described in Paragraph 6.1 above (collectively, the "Option") may be exercised in whole at any time, or in part from time to time, during the period commencing on the date of issuance ("Base Date") and expiring on the date of expiration ("Expiration Date") or, if any such day is a day on which banking institutions in the City of New York, New York are authorized by law to close, then on the next succeeding day that shall not be such a day, by presentation and surrender of Options to QUINTEK at its principal office, or at the office of its stock transfer agent, if any, with QUINTEK's Option Exercise Form duly executed and accompanied by payment (either in cash or by certified or official bank check, payable to the order of QUINTEK) of the Exercise Price for the number of shares specified in such Form and instruments of transfer, if appropriate, duly executed by the Holder or its duly authorized attorney.

Manner of Exercise of Options. The options or rights to purchase common stock described in Paragraph 6.1 above (collectively, the "“Option"”) may be exercised in whole at any time, or in part from time to time, during the period commencing on the date of issuance ("“Base Date"”) and expiring on the date of expiration ("“Expiration Date"”) or, if any such day is a day on which banking institutions in the City of New York, New York are authorized by law to close, then on the next succeeding day that shall not be such a day, by presentation and surrender of Options to QUINTEK at its principal office, or at the office of its stock transfer agent, if any, with QUINTEK's ’s Option Exercise Form duly executed and accompanied by payment (either in cash or by certified or official bank check, payable to the order of QUINTEK) of the Exercise Price for the number of shares specified in such Form and instruments of transfer, if appropriate, duly executed by the Holder or its duly authorized attorney.

Manner of Exercise of Options. The options or rights to purchase common stock described in Paragraph 6.1 7.1 above (collectively, the "“Option"”) may be exercised in whole at any time, or in part from time to time, during the period commencing on the date of issuance ("“Base Date"”) and expiring on the date of expiration ("“Expiration Date"”) or, if any such day is a day on which banking institutions in the City of New York, New York are authorized by law to close, then on the next succeeding day that shall not be such a day, by presentation and surrender of Options to QUINTEK at its principal office, or at the office of its stock transfer agent, if any, with QUINTEK's ’s Option Exercise Form duly executed and accompanied by payment (either in cash or by certified or official bank check, payable to the order of QUINTEK) of the Exercise Price for the number of shares specified in such Form and instruments of transfer, if appropriate, duly executed by the Holder or its duly authorized attorney.