Common use of Manner of Exercising Option Clause in Contracts

Manner of Exercising Option. The following provision supplements Section 3 of the Agreement: Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, due to regulatory requirements, the optionee understands that the optionee will be restricted to the cashless sell-all method of exercise. To complete a cashless sell-all exercise, the optionee understands that the optionee needs to instruct the broker to: (i) sell all of the shares of KO Stock issued upon exercise of the Option; (ii) use the proceeds to pay the option price, any applicable Tax-Related Items and brokerage fees or commissions; and (iii) remit the balance in cash to the optionee. The optionee will not be permitted to hold shares of KO Stock after exercise. Depending on the development of local laws, KO reserves the right to modify the methods of exercising the Option and, in its sole discretion, to permit cash exercise, cashless sell-to cover exercise or any other method of exercise and payment of Tax-Related Items permitted under the Plan.

Manner of Exercising Option. The following provision supplements Section 3 of the Agreement: Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, due Due to regulatory requirements, the optionee understands that the optionee will be restricted to the cashless sell-all method of exercise. To complete a cashless sell-all exercise, the optionee understands that the optionee needs to instruct the broker to: (i) sell all of the shares of KO Stock issued upon exercise of the Option; (ii) use the proceeds to pay the option price, any applicable Tax-Related Tax‑Related Items and brokerage fees or commissions; and (iii) remit the balance in cash to the optionee. The optionee will not be permitted to hold shares of KO Stock after exercise. Depending on the development of local lawslaws or the optionee’s country of residence, KO reserves the right to modify the methods of exercising the Option and, in its sole discretion, to permit cash exercise, cashless sell-to cover exercise or any other method of exercise and payment of Tax-Related Tax‑Related Items permitted under the Plan.

Manner of Exercising Option. The following provision supplements Section 3 of the Agreement: Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, due to regulatory requirements, the optionee understands that the optionee will be restricted to the cashless sell-all method of exercise. To complete a cashless sell-all exercise, the optionee understands that the optionee needs to instruct the broker to: (i) sell all of the shares of KO Stock issued upon exercise of the Option; (ii) use the proceeds to pay the option price, any applicable Tax-Related Tax‑Related Items and brokerage fees or commissions; and (iii) remit the balance in cash to the optionee. The optionee will not be permitted to hold shares of KO Stock after exercise. Depending on the development of local laws, KO reserves the right to modify the methods of exercising the Option and, in its sole discretion, to permit cash exercise, cashless sell-to cover exercise or any other method of exercise and payment of Tax-Related Tax‑Related Items permitted under the Plan.

Manner of Exercising Option. The following provision supplements Section paragraph 3 of the Agreement: Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, due Due to regulatory requirements, the optionee Employee understands that the optionee Employee will be restricted to the cashless sell-all method of exercise. To complete a cashless sell-all exercise, the optionee Employee understands that the optionee Employee needs to instruct the his or her broker to: (i) sell all of the shares of KO Stock issued upon exercise of the Optionexercise; (ii) use the proceeds to pay the option priceExercise Price, brokerage fees and any applicable Tax-Related Items and brokerage fees or commissionsTax‑Related Items; and (iii) remit the balance in cash to the optioneeEmployee. The optionee Employee will not be permitted to hold shares of KO Stock after exercise. Depending on the development of local lawslaws or Employee’s country of residence, KO the Company reserves the right to modify the methods of exercising the Option and, in its sole discretion, to permit cash exercise, cashless sell-to cover exercise or any other method of exercise and payment of Tax-Related Tax‑Related Items permitted under the Plan.

Manner of Exercising Option. The following provision supplements Section 3 of the Agreement: Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, due Due to regulatory requirements, the optionee understands that the optionee will be restricted to the cashless sell-all method of exercise. To complete a cashless sell-all exercise, the optionee understands that the optionee needs to instruct the broker to: (i) sell all of the shares of KO Stock issued upon exercise of the Option; (ii) use the proceeds to pay the option price, any applicable Tax-Related Items and brokerage fees or commissions; and (iii) remit the balance in cash to the optionee. The optionee will not be permitted to hold shares of KO Stock after exercise. Depending on the development of local lawslaws or the optionee’s country of residence, KO reserves the right to modify the methods of exercising the Option and, in its sole discretion, to permit cash exercise, cashless sell-to cover exercise or any other method of exercise and payment of Tax-Related Items permitted under the Plan.

Manner of Exercising Option. The following provision supplements Section Paragraph 3 of the Agreement: Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, due Due to regulatory requirements, the optionee Employee understands that the optionee Employee will be restricted to the cashless sell-all method of exercise. To complete a cashless sell-all exercise, the optionee Employee understands that the optionee Employee needs to instruct the his or her broker to: (i) sell all of the shares of KO Stock issued upon exercise of the Optionexercise; (ii) use the proceeds to pay the option priceExercise Price, brokerage fees and any applicable Tax-Related Items and brokerage fees or commissionsTax‑Related Items; and (iii) remit the balance in cash to the optioneeEmployee. The optionee Employee will not be permitted to hold shares of KO Stock after exercise. Depending on the development of local lawslaws or Employee’s country of residence, KO the Company reserves the right to modify the methods of exercising the Option and, in its sole discretion, to permit cash exercise, cashless sell-to cover exercise or any other method of exercise and payment of Tax-Related Tax‑Related Items permitted under the Plan.