Common use of Manner of Exercising Option Clause in Contracts

Manner of Exercising Option. (a) In order to exercise all or any portion of the Option, Optionee must take the following actions: (i) Execute and deliver to the Company a notice of option exercise in the form authorized by the Company (the “Notice of Exercise”) as to the Option Shares for which the Option is to be exercised or comply with such other procedures as the Company may establish for notifying the Company of such exercise; (ii) Pay the aggregate Exercise Price in accordance with Section 7 of the Plan; (iii) Furnish to the Company appropriate documentation that the person or persons exercising the Option (if other than Optionee) have the right to exercise the Option; and (iv) Make appropriate arrangements with the Company or the Related Entity employing or retaining Optionee (the “Employer”) for the satisfaction of all applicable Withholding Taxes. (b) As soon as practical after the date the Option is exercised, the Company will issue to or on behalf of Optionee (or any other person or persons exercising the Option) the purchased Option Shares, subject to appropriate restrictions, if any. (c) In no event may the Option be exercised for any fractional Option Shares. (d) The exercise of the Option and the issuance of the Option Shares upon such exercise will be subject to compliance by the Company and Optionee with all Applicable Laws relating thereto, as determined by counsel for the Company. (e) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option will relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Company, however, will use its reasonable best efforts to obtain all such approvals.

Manner of Exercising Option. (a) In order to exercise all or any portion of the Option, Optionee must take the following actions: (i) Execute and deliver to the Company a notice of option exercise in the form authorized by the Company (the “Notice of Exercise”) (which may be obtained upon request through xxxxxxxxxxxxxxxxx@xxxxxx.xxx) as to the Option Shares for which the Option is to be exercised or comply with such other procedures as the Company may establish for notifying the Company of such exercise; (ii) Pay the aggregate Exercise Price in accordance with Section 7 of the Plan; (iii) Furnish to the Company appropriate documentation that the person or persons exercising the Option (if other than Optionee) have the right to exercise the Option; and (iv) Make appropriate arrangements with the Company (or the Related Entity employing or retaining Optionee (the “Employer”Entity) for the satisfaction of all applicable any Withholding Taxes. (b) As soon as practical after the date the Option is exercised, the Company will issue to or on behalf of Optionee (or any other person or persons exercising the Option) a certificate for the purchased Option SharesShares (either in paper or electronic form), subject to appropriate restrictions, if any. (c) In no event may the Option be exercised for any fractional Option Shares. (d) The exercise of the Option and the issuance of the Option Shares upon such exercise will be subject to compliance by the Company and Optionee with all Applicable Laws relating thereto, as determined by counsel for the Company. (e) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option will relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Company, however, will use its reasonable best efforts to obtain all such approvals.

Manner of Exercising Option. (a) In order to exercise this option with respect to all or any portion part of the OptionOption Shares for which this option is at the time exercisable, Optionee (or any other person or persons exercising the option) must take the following actions: (i) Execute and deliver to the Company Corporation a notice of option exercise in the form authorized by the Company (the “Notice of Exercise”) as to Exercise for the Option Shares for which the Option option is to be exercised or comply with such other procedures as the Company Corporation may establish for notifying the Company Corporation of such exercise;the exercise of this option for one or more Option Shares. (ii) [Pay the aggregate Exercise Price for the purchased shares in accordance with one or more of the forms identified in Article Two, Section 7 I(A)(2) of the Plan;.] [Pay the aggregate Exercise Price for the purchased shares in the form identified in Article Two, Section I(A)(2)(iii) of the Plan]. (iii) Furnish to the Company Corporation appropriate documentation that the person or persons exercising the Option option (if other than Optionee) have the right to exercise the Option; andthis option. (iv) Make appropriate arrangements with the Company Corporation (or the Related Entity Parent or Subsidiary employing or retaining Optionee (the “Employer”Optionee) for the satisfaction of all applicable Withholding Taxesincome and employment tax and Foreign Tax withholding requirements and any employer taxes passed through to the Optionee under Article Two, Section V.B., V.C. or V.D of the Plan applicable to the option grant, exercise, or vesting. (b) As soon as practical after administratively practicable following the date on which the Option option is exercisedexercised in accordance with this Paragraph 8, the Company will Corporation shall issue to or on behalf of Optionee (or any other person or persons exercising the Optionthis option) a certificate (which may be in electronic form) for the purchased Option Shares, subject to with the appropriate restrictionslegends, if anyapplicable. (c) In no event may the Option this option be exercised for any fractional Option Sharesshares. (d) The exercise of the Option and the issuance of the Option Shares upon such exercise will be subject to compliance by the Company and Optionee with all Applicable Laws relating thereto, as determined by counsel for the Company. (e) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option will relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Company, however, will use its reasonable best efforts to obtain all such approvals.

Manner of Exercising Option. (a) In order to exercise all or any portion of the Option, Optionee must take the following actions: (i) Execute and deliver to the Company a notice of option exercise in the form authorized by the Company (the “"Notice of Exercise”") as to the Option Shares for which the Option is to be exercised or comply with such other procedures as the Company may establish for notifying the Company of such exercise; (ii) Pay the aggregate Exercise Price in accordance with Section 7 of the Plan; (iii) Furnish to the Company appropriate documentation that the person or persons exercising the Option (if other than Optionee) have the right to exercise the Option; and (iv) Make appropriate arrangements with the Company or the Related Entity employing or retaining Optionee (the “Employer”) for the satisfaction of all applicable Withholding Taxes. (b) As soon as practical after the date the Option is exercised, the Company will issue to or on behalf of Optionee (or any other person or persons exercising the Option) the purchased Option Shares, subject to appropriate restrictions, if any. (c) In no event may the Option be exercised for any fractional Option Shares. (d) The exercise of the Option and the issuance of the Option Shares upon such exercise will be subject to compliance by the Company and Optionee with all Applicable Laws relating thereto, as determined by counsel for the Company. (e) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option will relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock as to which such approval shall not have been obtained. The Company, however, will use its reasonable best efforts to obtain all such approvals.

Manner of Exercising Option. (a) In order to exercise all or any portion of the Option, Optionee must take the following actions: (i) Execute and deliver to the Company a notice of option exercise in the form authorized by the Company (the “Notice of Exercise”) as to the Option Shares for which the Option is to be exercised or comply with such other procedures as the Company may establish for notifying the Company of such exercise; (ii) Pay the aggregate Exercise Price in accordance with Section 7 8(a) of the Plan; (iii) Furnish to the Company appropriate documentation that the person or persons exercising the Option (if other than Optionee) have the right to exercise the Option; and (iv) Make appropriate arrangements with the Company (or the Related Entity employing or retaining Optionee (the “Employer”Affiliate) for the satisfaction of all applicable Withholding Taxesany withholding taxes. (b) As soon as practical after the date the Option is exercised, the Company will issue to or on behalf of Optionee (or any other person or persons exercising the Option) a certificate for the purchased Option SharesShares (either in paper or electronic form), subject to appropriate restrictions, if any. (c) In no event may the Option be exercised for any fractional Option Shares. (d) The exercise of the Option and the issuance of the Option Shares upon such exercise will be subject to compliance by the Company and Optionee with all Applicable Laws relating thereto, as determined by counsel for the Company. (e) The inability of the Company to obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of any Common Stock pursuant to the Option will relieve the Company of any liability with respect to the non-issuance or sale of the Common Stock Shares as to which such approval shall not have been obtained. The Company, however, will use its reasonable best efforts to obtain all such approvals.