Common use of Method of Exercise of Option; Payment of Option Purchase Price Clause in Contracts

Method of Exercise of Option; Payment of Option Purchase Price. This Option shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its office, presently located at 3, xxxxx xx x'Xxxxxxxxx, 00000 Xxxxx-Xxxx, XXXXXX. The Notice shall state the Optionee's election to exercise this Option and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option shall have been so exercised shall be registered in the name of the Optionee and shall be delivered to Optionee at the address of Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 6 contracts

Samples: Stock Option Agreement (Biocoral Inc), Stock Option Agreement (Biocoral Inc), Stock Option Agreement (Biocoral Inc)

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Method of Exercise of Option; Payment of Option Purchase Price. This Option shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its principal office, presently located at 3c/x Xxxxx Xxxx Xxxxxx & Xxxxxx LLP, xxxxx xx x'Xxxxxxxxx000 Xxxxx Xxxxxx, 00000 Xxxxx-Xxx Xxxx, XXXXXXXX 00000. The Notice shall state the Optionee's election to exercise this Option and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option shall have been so exercised shall be registered in the name of the Optionee and shall be delivered to Optionee at the address of Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 3 contracts

Samples: Stock Option Agreement (Biocoral Inc), Stock Option Agreement (Biocoral Inc), Stock Option Agreement (Biocoral Inc)

Method of Exercise of Option; Payment of Option Purchase Price. This Option shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its office, presently located at 300 xxx Xxxxxxx Xxxxxx, xxxxx xx x'XxxxxxxxxLevallois-Perret Cedex, 00000 Xxxxx-Xxxx, XXXXXXFRANCE. The Notice shall state the Optionee's election to exercise this Option and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option shall have been so exercised shall be registered in the name of the Optionee and shall be delivered to Optionee at the address of Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Biocoral Inc)

Method of Exercise of Option; Payment of Option Purchase Price. This Option shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its office, presently located at 300 xxx Xxxxxxx Xxxxxx, xxxxx xx x'XxxxxxxxxLcvallois-Perrer Cedex, 00000 Xxxxx-Xxxx, XXXXXXFRANCE. The Notice shall state the Optionee's election to exercise this Option and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option shall have been so exercised shall be registered in the name of the Optionee and shall be delivered to Optionee at the address of Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Biocoral Inc)

Method of Exercise of Option; Payment of Option Purchase Price. This Option shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its office, presently located at 300 xxx Xxxxxxx Xxxxxx, xxxxx xx x'XxxxxxxxxLevallois-Perret Cedex, 00000 Xxxxx-Xxxx, XXXXXXFRANCE. The Notice shall state the Optionee's election to exercise this Option and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option shall have been so exercised shall be registered in the name of the Optionee and shall be delivered to Optionee at the address of Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Biocoral Inc)

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Method of Exercise of Option; Payment of Option Purchase Price. This Option These Options shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its principal office, presently located at 3c/x Xxxxx Xxxx Xxxxxx & Xxxxxx LLP, xxxxx xx x'Xxxxxxxxx000 Xxxxx Xxxxxx, 00000 Xxxxx-Xxx Xxxx, XXXXXXXX 00000. The Notice shall state the identity of the Optionee's , the Optionees' election to exercise this Option these Options and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by either Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option these Options shall have been so exercised shall be registered in the name of the exercising Optionee and shall be delivered to such Optionee at the address of such Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Biocoral Inc)

Method of Exercise of Option; Payment of Option Purchase Price. This Option shall be exercisable at any time and from time to time, prior to the Expiration Date, by written notice (the "Notice") to the Company at its it office, presently located at 330 xxx Xxxxxxx Xxxxxx, xxxxx xx x'XxxxxxxxxLevallois-Perret Cedex, 00000 Xxxxx-Xxxx, XXXXXXFRANCE. The Notice shall state the Optionee's election to exercise this Option and the number of Option Shares in respect of which it is being exercised, and shall be accompanied by a check in the amount of the Exercise Price. Upon payment of the full purchase price of the Option Shares by Optionee, the Company shall deliver a certificate or certificates representing those shares. A certificate or certificates for the shares as to which this Option shall have been so exercised shall be registered in the name of the Optionee and shall be delivered to Optionee at the address of Optionee specified in the Notice or at such other address as Optionee shall set forth in its Notice.

Appears in 1 contract

Samples: Stock Option Agreement (Biocoral Inc)

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