Common use of Medium and Time of Payment Clause in Contracts

Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Stock (whether then owned by the Grantee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Stock, including a cashless exercise procedure through a broker dealer.

Appears in 6 contracts

Samples: Equity Incentive Plan Incentive Stock Option Agreement (Rafael Holdings, Inc.), Incentive Plan Nonqualified Stock Option Agreement (Rafael Holdings, Inc.), Incentive Stock Option Agreement (Zedge, Inc.)

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Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Class B Common Stock (whether then owned by the Grantee Employee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Class B Common Stock, including a cashless exercise procedure through a broker broker-dealer.

Appears in 4 contracts

Samples: Stock Option and Incentive Plan Stock Option Agreement (Idt Corp), Stock Option Agreement (Idt Corp), Stock Option Agreement (Idt Corp)

Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Stock (whether then owned by the Grantee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Stock, including a cashless exercise procedure through a broker dealer.. [NAME] [SHARE AMOUNT]

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Zedge, Inc.), 2013 Stock Option and Incentive Plan (Straight Path Communications Inc.)

Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, as the Option Agreement may provide, in cash or in shares of Common Stock (whether then owned by the Grantee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price Price, or in a combination of cash and Common Stock, including a cashless exercise procedure through a broker dealeror in such other manner as the Committee shall determine.

Appears in 2 contracts

Samples: Stock Option and Incentive Plan (Forward Air Corp), Stock Option and Incentive Plan (Forward Air Corp)

Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Stock (whether then owned by the Grantee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Stock, including a cashless exercise procedure through a broker dealer.

Appears in 1 contract

Samples: Stock Option and Incentive Plan Stock Option Agreement (Idw Media Holdings, Inc.)

Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Common Stock (whether then owned by the Grantee Executive or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Common Stock, including a cashless exercise procedure through a broker broker-dealer.

Appears in 1 contract

Samples: Stock Option Agreement (Idt Corp)

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Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Stock (whether then owned by the Grantee Employee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Stock, including a cashless exercise procedure through a broker dealer.

Appears in 1 contract

Samples: Stock Option Agreement (Idt Corp)

Medium and Time of Payment. The Option Price shall be paid in full, at the time of exercise, in cash or in shares of Common Stock (whether then owned by the Grantee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Stock, Common Stock or in such other manner as the Committee shall determine including a cashless exercise procedure through a broker broker-dealer.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Furrs Bishops Inc)

Medium and Time of Payment. The Option Price shall be paid in un full, at the time of exercise, in cash or in shares of Stock (whether then owned by the Grantee Employee or issuable upon exercise of the Option) having a Fair Market Value equal to such Option Price or in a combination of cash and Stock, including a cashless exercise procedure through a broker broker-dealer.

Appears in 1 contract

Samples: Stock Option Agreement (Idt Corp)

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