Common use of Method for Exercising the Option Clause in Contracts

Method for Exercising the Option. The vested portion of the Option may be exercised in whole or in part only by delivery in person or through certified or registered mail to the Company at its principal office in Alvin, Texas (attention: Corporate Secretary) of written notice specifying the Option that is being exercised and the number of Shares with respect to which the Option is being exercised. The notice must be accompanied by payment of the Option Price for the portion of the Option being exercised. Payment of this portion of the Option Price for the Shares shall be made in full by any of the following methods or any combination of the following methods:

Appears in 5 contracts

Samples: Restricted Stock Option Award Agreement (Team Inc), Performance Vested Restricted Stock Option Award Agreement (Team Inc), Restricted Stock Option Award Agreement (Team Inc)

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Method for Exercising the Option. The vested portion of the Option may be exercised in whole or in part only by delivery in person or through certified or registered mail to the Company at its principal office in Alvin, Texas (attention: Corporate Secretary) of written notice specifying the Option that is being exercised and the number of Shares shares of Common Stock with respect to which the Option is being exercised. The notice must be accompanied by payment of the Option Price for the portion of the Option being exercised. Payment of this portion of the Option Price for the Shares Common Stock shall be made in full by any of the following methods or any combination of the following methods:

Appears in 3 contracts

Samples: Incentive Stock Option Award Agreement (Team Inc), Incentive Stock Option Award Agreement (Team Inc), Incentive Stock Option Award Agreement (Team Inc)

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Method for Exercising the Option. The vested portion of the Option may be exercised in whole or in part only by delivery in person or through certified or registered mail to the Company at its principal office in Alvin, Texas (attention: Corporate Secretary) of written notice specifying the Option that is being exercised and the number of Shares with respect to which the Option is being exercised. The notice must be accompanied by payment of the Option Price for the portion of the Option being exercised. Payment of this portion of the Option Price for the Shares being purchased shall be made in full by any of the following methods one or any a combination of the following two methods:

Appears in 3 contracts

Samples: Price Vested Stock Option Award Agreement, Stock Option Agreement (Team Inc), Stock Option Agreement (Team Inc)

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