Common use of Method of Exercise and Payment Clause in Contracts

Method of Exercise and Payment. Vested Options may be exercised from time to time, in whole or in part. When exercisable under Paragraph 3, the Option may be exercised by written notice to the Company specifying the total number of Option Shares to be exercised. The notice shall be accompanied by payment in cash or by check equal to the aggregate Option Price of all Option Shares covered by such notice.

Appears in 5 contracts

Samples: Stock Option Agreement (Marlton Technologies Inc), Stock Option Agreement (Marlton Technologies Inc), Stock Option Agreement (Marlton Technologies Inc)

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Method of Exercise and Payment. Vested Options may be exercised from time to time, in whole or in part. When exercisable under Paragraph 3, the The Option may be exercised by written notice to the Company specifying the total number of Option Shares to be exercised. The notice shall be accompanied by payment in cash or by check equal to the aggregate Option Price of all Option Shares covered by such notice.

Appears in 4 contracts

Samples: Stock Option Agreement (Marlton Technologies Inc), Stock Option Agreement (Marlton Technologies Inc), Stock Option Agreement (Marlton Technologies Inc)

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Method of Exercise and Payment. Vested Options may be exercised from time to time, in whole or in part. When exercisable under Paragraph 3, the Option may be exercised by written notice to the Company Marlton specifying the total number of Option Shares to be exercised. The notice shall be accompanied by payment in cash or by check equal to the aggregate Option Price of all Option Shares covered by such notice.

Appears in 2 contracts

Samples: Stock Option Agreement (Marlton Technologies Inc), Stock Option Agreement (Marlton Technologies Inc)

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