Common use of Method of Exercising Option Clause in Contracts

Method of Exercising Option. Subject to the terms of this Agreement, the Option may be exercised by timely delivery to the Company of written notice, which notice shall be effective on the date received by the Company. The notice shall state the Optionee’s election to exercise the Option and the number of underlying shares in respect of which an election to exercise has been made. Such notice shall be signed by the Optionee, or if the Option is exercised by a person or persons other than the Optionee because of the Optionee’s death, such notice must be signed by such other person or persons and shall be accompanied by proof acceptable to the Company of the legal right of such person or persons to exercise the Option.

Appears in 13 contracts

Samples: Stock Option Agreement (Cryoport, Inc.), Non Qualified Stock Option Award Agreement (Net Element, Inc.), Incentive Stock Option Award Agreement (Net Element, Inc.)

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Method of Exercising Option. Subject to the terms of this Agreement, the Option may be exercised by timely delivery to the Company of written notice, which notice shall be effective on the date received by the Company. The notice shall state the Optionee’s election to exercise the Option and the number of underlying shares in respect of which an election to exercise has been made. Such notice shall be signed by the Optionee, or if the Option is exercised by a person or persons other than the Optionee because of the Optionee’s death, such notice must be signed by such other person or persons and shall be accompanied by proof acceptable to the Company Committee of the legal right of such person or persons to exercise the Option.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Cryoport, Inc.), Incentive Stock Option Agreement (Cryoport, Inc.), Incentive Stock Option Agreement (Motorsport Gaming Us LLC)

Method of Exercising Option. Subject to the terms of this Agreement, the Option may be exercised by timely delivery to the Company of written notice, which notice shall be effective on the date received by the Company. The notice shall state the Optionee’s election to exercise the Option and the number of underlying shares in respect of which an election to exercise has been made. Such notice shall be signed by the Optionee, or if the Option is exercised by a person or persons other than the Optionee because of the Optionee’s deathdeath or disability, such notice must be signed by such other person or persons and shall be accompanied by proof acceptable to the Company of the legal right of such person or persons to exercise the Option.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Quepasa Corp), Non Qualified Stock Option Agreement (Quepasa Corp), Incentive Stock Option Agreement (Quepasa Corp)

Method of Exercising Option. Subject to the terms of this Agreement, the Option may be exercised by timely delivery to the Company of written or electronic notice, which notice shall be effective on the date received by the Company. The notice shall state the Optionee’s election to exercise the Option and the number of underlying shares in respect of which an election to exercise has been made. Such notice shall be signed by the Optionee, or if the Option is exercised by a person or persons other than the Optionee because of the Optionee’s death, such notice must be signed by such other person or persons and shall be accompanied by proof acceptable to the Company of the legal right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Peregrine Pharmaceuticals Inc), Stock Option Award Agreement (Peregrine Pharmaceuticals Inc)

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Method of Exercising Option. Subject to the terms of this Agreement, the Option may be exercised by timely delivery to the Company of written notice, which notice shall be effective on the date received by the Company. The notice shall state the Optionee’s 's election to exercise the Option and the number of underlying shares in respect of which an election to exercise has been made. Such notice shall be signed by the Optionee, or if the Option is exercised by a person or persons other than the Optionee because of the Optionee’s death's death or Disability, such notice must be signed by such other person or persons and shall be accompanied by proof acceptable to the Company of the legal right of such person or persons to exercise the Option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Willdan Group, Inc.), Incentive Stock Option Agreement (Willdan Group, Inc.)

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