Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the Committee, at the principal executive offices of 21st Century, or to such transfer agent as 21st Century shall designate. Such notice shall state the election to exercise an option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised by any person or persons other than the Optionee (if in compliance with the Plan), such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 2 contracts
Samples: Franchise Program Stock Option Agreement (21st Century Holding Co), Franchise Program Stock Option Agreement (21st Century Holding Co)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by prior written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Airnet Communications Corp), Non Qualified Stock Option Agreement (Airnet Communications Corp)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by prior written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Smart Video Technologies Inc), Non Qualified Stock Option Agreement (Smart Video Technologies Inc)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised (i) by written notice to the Committee, Company at the its principal executive offices of 21st Centuryoffice, or (ii) by written notice to such transfer agent as 21st Century the Company shall designatedesignate or (iii) by notification of the Third Party Commercial Provider in accordance with the procedures approved by the Company and of which the Employee shall have ongoing access by means of accessing the Employee’s account maintained with the Third Party Commercial Provider. Such notice shall state the election to exercise an this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed (either in writing or by electronic transmission) by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, such certificate or certificates shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option). In the event this option shall be exercised exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Seachange International Inc), Incentive Stock Option Agreement (Seachange International Inc)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Concerto Software Inc), Incentive Stock Option Agreement (Concerto Software Inc)
Method of Exercising Option. Subject to the terms and conditions of --------------------------- this Agreement, this option may be exercised by written notice to the CommitteeCompany, addressed to the Treasurer, at the principal executive offices office of 21st Century, or to such transfer agent as 21st Century shall designatethe Company. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company or its transfer agent shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 4 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by prior written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 4 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Airnet Communications Corp)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option Option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an option this Option and the number of shares in respect of which it is being exercised and shall be signed by the Optionee or person or persons entitled to so exercising exercise this optionOption. Such notice shall be accompanied by payment of the full purchase price Exercise Price of such sharesshares or by making a cashless exercise pursuant to Section 7 hereof, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment the notice is received. The certificate or certificates for the shares as to which this option Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option Option (or, if this option Option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this optionOption, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this optionOption. In the event this option Option shall be exercised exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this optionOption. All shares that shall be purchased upon the exercise of this option Option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Method of Exercising Option. Subject to the terms and conditions of --------------------------- this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Candela Corp /De/)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised (i) by written notice to the Committee, Company at the its principal executive offices of 21st Centuryoffice, or (ii) by written notice to such transfer agent as 21st Century the Company shall designatedesignate or (iii) by notification of the Third Party Commercial Provider in accordance with the procedures approved by the Company and of which the Employee shall have ongoing access by means of accessing the Employee’s account maintained with the Third Party Commercial Provider. Such notice shall state the election to exercise an this option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed (either in writing or by electronic transmission) by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option). In the event this option shall be exercised exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Seachange International Inc)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by prior written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Airnet Communications Corp)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by prior written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Director and if the Optionee Director shall so request in the notice exercising this option, shall be registered in the name of the Optionee Director and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Director, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Smart Video Technologies Inc)
Method of Exercising Option. Subject to the terms and conditions of this --------------------------- Agreement, this option may be exercised by written notice to the Committeedivine, at the principal executive offices office of 21st Centurydivine, or to such transfer agent as 21st Century divine shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full fall purchase price of such shares, and 21st Century divine shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise execute this option. All shares that shall be purchased upon the exercise of this option as at provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name names of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (International Electronics Inc)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option Option may be exercised by written notice to the CommitteeVice President and General Counsel of the Company, at the principal executive offices of 21st Centuryits Bedford, Massachusetts office, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an option this Option and the number of shares Option Shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this optionOption. Such notice shall be accompanied by payment of the full purchase price Option Exercise Price of such sharesOption Shares, and 21st Century the Company or its transfer agent shall deliver a certificate or certificates representing such shares Option Shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares Option Shares as to which this option Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option Option (or, if this option Option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this optionOption, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this optionOption. In the event this option Option shall be exercised exercised, pursuant to Section 3 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this optionOption. All shares Option Shares that shall be purchased upon the exercise of this option Option as provided herein shall be fully paid and non-assessablenonassessable.
Appears in 1 contract
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Cisco Systems Inc)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option This Option may be exercised by written notice to the Committee, Company at the its principal executive offices of 21st Centuryoffice, or to such transfer agent as 21st Century shall the Company may designate. Such The notice shall state the election to exercise an option this Option and the number of shares in respect of Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this optionOption. Such notice shall be accompanied by payment of the full purchase price Option Exercise Price of such Option Shares. Prior to the issuance of any Option Shares or certificates representing such shares, and 21st Century the Optionee will make provisions satisfactory to the Company for the withholding of tax, as described under Section 9. The Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice has be received, adjusted for any withholding. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option Option (or, if this option Option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this optionOption, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option). In the event this option Option shall be exercised exercised, pursuant to Section 4 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessableOption.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Evolent Health, Inc.)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name names of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (International Electronics Inc)
Method of Exercising Option. Subject to the terms and conditions of --------------------------- this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price Exercise Price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised by any person or persons other than the Optionee (if in compliance with the Plan), such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Sba Communications Corp)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and ant if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company at 000 Xxxxxx Xxxxxx, Xxxxxxx, XX 00000-0000, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Recipient and if the Optionee Recipient shall so request in the notice exercising this option, shall be registered in the name of the Optionee Recipient and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised pursuant to Article 5 hereof by any person or persons other than the Optionee (if in compliance with the Plan)Recipient, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Praecis Pharmaceuticals Inc)
Method of Exercising Option. Subject to the terms and conditions of this Option Agreement, this option the Option may be exercised by written notice to the Committee, Corporation at its principal business address attention of the principal executive offices of 21st Century, or to such transfer agent as 21st Century shall designateSecretary. Such notice shall state the election to exercise an option the Option and the number of shares in respect of which it is being exercised exercised, and shall be signed by the person or persons so exercising the Option. At that time, this optionOption Agreement shall be turned in to the Corporation for action by the Corporation to reduce the number of shares to which it applies. Such notice shall be accompanied by payment in cash or by check, or if so approved by the Corporation, by shares of the full purchase price Common Stock or by a combination of these methods of payment. Payment may also be made by delivery (including delivery by facsimile transmission) to the Corporation or its designated agent of an executed irrevocable option exercise form together with irrevocable instructions to a broker-dealer to sell a sufficient portion of the shares and deliver the sale proceeds directly to the Corporation to pay for the exercise price. In the event that payment is made in shares of the Common Stock, the per share value of the Common Stock shall be the fair market value of such shares, and 21st Century shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is receivedstock on the date of exercise. The certificate or certificates for the shares as to which this option the Option shall have been so exercised shall be registered in the name of the person or persons so exercising this option the Option, (or, if this option the Option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this optionthe Option, the certificate or certificates shall be registered in the name of the Optionee Employee and another person jointly, with the right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this optionthe Option. In the event this option the Option shall be exercised by any person or persons other than the Optionee Employee (if in compliance with to the Planextent permitted under this Incentive Stock Option Agreement), such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessableOption.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Ufp Technologies Inc)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, addressed to the Treasurer, at the principal executive offices office of 21st Century, or to such transfer agent as 21st Century shall designatethe Company. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company or its transfer agent shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Article 4 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee Employee and if the Optionee Employee shall so request in the notice exercising this option, shall be registered in the name of the Optionee Employee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Section 5 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Lionbridge Technologies Inc /De/)
Method of Exercising Option. Subject to the terms and conditions of this Agreement, this option may be exercised by written notice to the CommitteeCorporation, at the principal executive offices office of 21st Centurythe Corporation, or to such transfer agent as 21st Century the Corporation shall designate. Such notice shall state the election to exercise an this option and the number of shares in respect of for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Corporation shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is the notice shall be received. The Such certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised exercised, pursuant to Section 6 hereof, by any person or persons other than the Optionee (if in compliance with the Plan)Optionee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Eclipsys Corp)
Method of Exercising Option. Subject to the terms and conditions --------------------------- of this Agreement, this option may be exercised by written notice to the CommitteeCompany, at the principal executive offices office of 21st Centurythe Company, or to such transfer agent as 21st Century the Company shall designate. Such notice shall state the election to exercise an option and the number of shares in respect of which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and 21st Century the Company shall deliver a certificate or certificates representing such shares as soon as practicable after such payment is shall be received. The certificate or certificates for the shares as to which this option shall have been so exercised shall be registered in the name of the person or persons so exercising this option (or, if this option shall be exercised by the Optionee and if the Optionee shall so request in the notice exercising this option, shall be registered in the name of the Optionee and another person jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising this option. In the event this option shall be exercised by any person or persons other than the Optionee (if in compliance with the Plan), such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. All shares that shall be purchased upon the exercise of this option as provided herein shall be fully paid and non-assessable.
Appears in 1 contract