Common use of Method of Exercise and Payment for Shares Clause in Contracts

Method of Exercise and Payment for Shares. This option shall be exercised by the methods set forth in the instructions relating thereto as contained on the Company’s online website from which the Optionee has received notice as to the grant of this option by the Company to the Optionee. No fractional shares of Common Stock shall be issued pursuant to the grant of this option, but in lieu therefore, the cash value of such fraction shall be paid.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Hanger, Inc.), Non Qualified Stock Option Agreement (Hanger, Inc.), Executive Non Qualified Stock Option Agreement (Hanger, Inc.)

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Method of Exercise and Payment for Shares. This option shall be exercised by the methods set forth in the instructions relating thereto as contained on the Company’s online website from which the Optionee has received notice as to the grant of this option by the Company to the Optionee. No fractional shares of Common Stock shall be issued pursuant to the grant of this option, but in lieu therefore, the cash value of such fraction shall be paid.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Hanger, Inc.), Non Qualified Stock Option Agreement (Hanger, Inc.)

Method of Exercise and Payment for Shares. This option shall be exercised by the methods set forth in the instructions relating thereto as contained on the Company’s online website from which the Optionee has received notice as to the grant of this option by the Company to the Optionee. No fractional shares of Common Stock shall be issued pursuant to the grant of this option, but in lieu thereforethereof, the cash value of such fraction shall be paid.

Appears in 2 contracts

Samples: Non Employee Director Non Qualified Stock Option Agreement (Hanger, Inc.), Non Employee Director Non Qualified Stock Option Agreement (Hanger, Inc.)

Method of Exercise and Payment for Shares. This option shall be exercised by the methods set forth in the instructions relating thereto as contained on the Company’s online on-line website from which the Optionee has received notice as to the grant of this option by the Company to the Optionee. No fractional shares of Common Stock shall be issued pursuant to the grant of this option, but in lieu thereforethereof, the cash value of such fraction shall be paid.

Appears in 1 contract

Samples: Non Employee Director Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

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Method of Exercise and Payment for Shares. This option shall be exercised by the methods set forth in the instructions relating thereto as contained on the Company’s online on-line website from which the Optionee has received notice as to the grant of this option by the Company to the Optionee. No fractional shares of Common Stock shall be issued pursuant to the grant of this option, but in lieu therefore, the cash value of such fraction shall be paid.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

Method of Exercise and Payment for Shares. This option shall be exercised by the methods set forth in the instructions relating thereto as contained on the Company’s online on-line website from which the Optionee has received notice as to the grant of this option by the Company to the Optionee. No fractional shares of Common Stock shall be issued pursuant to the grant of this option, but in lieu therefore, the cash value of such fraction shall be paid.

Appears in 1 contract

Samples: Executive Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

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