Manner of Exercise; Payment. 4.1 Exercise of the Option shall be effected by giving written notice of exercise to the Company, in care of the Secretary of the Company. Any such notice shall state the number of shares of Optioned Stock for which the Option is being exercised and shall be accompanied by payment in full of the exercise price for such shares of Optioned Stock. Such notice shall be irrevocable once given.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Nobel Learning Communities Inc), Non Qualified Stock Option Agreement (Nobel Learning Communities Inc), Qualified Stock Option Agreement (Nobel Learning Communities Inc)
Manner of Exercise; Payment. 4.1 4.1. Exercise of the Option shall be effected by giving written notice of exercise to the Company, in care of the Secretary of the Company. Any such notice shall state the number of shares of Optioned Stock for which the Option is being exercised and shall be accompanied by payment in full of the exercise price for such shares of Optioned Stock. Such notice shall be irrevocable once given.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Nobel Education Dynamics Inc), Employment Agreement (Nobel Education Dynamics Inc)