Common use of Manner of Exercise of Options Clause in Contracts

Manner of Exercise of Options. 3.1 To the extent that the Option has vested pursuant to schedule 1, the Option shall be exercisable on the dates specified in schedule 1 (in whole or in part) by the Executive, or as the case may be his personal representatives, giving prior notice in writing to the Company specifying the number of Shares in respect of which (s)he wishes to exercise the Option accompanied by the appropriate payment of the total Exercise Price (save to the extent that the Executive has made other arrangements for the payment of the total Exercise Price which are satisfactory to the Company) and, if required by the Company, the Tax Liability due under Clause 3.4.

Appears in 2 contracts

Samples: Individual Option Agreement (King Digital Entertainment PLC), Individual Option Agreement (King Digital Entertainment PLC)

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Manner of Exercise of Options. 3.1 To the extent that the Option has vested pursuant to schedule 1, the Option shall be exercisable on from the dates specified in schedule 1 (in whole or in part) by the Executive, or as the case may be his personal representatives, giving prior notice in writing to the Company specifying the number of Shares in respect of which (s)he wishes to exercise the Option accompanied by the appropriate payment of the total Exercise Price (save to the extent that the Executive has made other arrangements for the payment of the total Exercise Price which are satisfactory to the Company) and, if required by the Company, the Tax Liability due under Clause 3.4.

Appears in 2 contracts

Samples: Individual Option Agreement (King Digital Entertainment PLC), Individual Option Agreement (King Digital Entertainment PLC)

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