Method of Exercising Options. (i) The Option may be exercised by giving written notice, in form substantially as set forth in the Company's Stock Option Exercise Form, to the Company at its principal office, specifying the number of Option Shares to be purchased and accompanied by payment in full of the aggregate purchase price for such Option Shares. Only full shares shall be delivered and any fractional share which might otherwise be deliverable upon exercise of the Option shall be forfeited.
Appears in 3 contracts
Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)
Method of Exercising Options. (i) The Option may be exercised by giving written notice, in form substantially as set forth in the Company's Stock Option Exercise Form, a copy of which is attached hereto as Exhibit B, to the Company at its principal office, specifying the number of Option Shares to be purchased and accompanied by payment in full of the aggregate purchase price for such Option Shares. Only full shares shall be delivered and any fractional share which might otherwise be deliverable upon exercise of the Option shall be forfeited.
Appears in 3 contracts
Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)
Method of Exercising Options. (i) The Option may be exercised by giving written notice, in form substantially as set forth in the Company's Stock Option Exercise Form, , to the Company at its principal office, specifying the number of Option Shares to be purchased and accompanied by payment in full of the aggregate purchase price for such Option Shares. Only full shares shall be delivered and any fractional share which might otherwise be deliverable upon exercise of the Option shall be forfeited. The purchase price for the Option Shares shall be payable, in cash or its equivalent.
Appears in 2 contracts
Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)
Method of Exercising Options. (i) The Option may be exercised by giving written notice, in form substantially as set forth in the Company's Stock Option Exercise Form, to the Company at its principal office, specifying the number of Option Shares to be purchased and accompanied by payment in full of the aggregate purchase price for such Option Shares. Only full shares shall be delivered and any fractional share which might otherwise be deliverable upon exercise of the Option shall be forfeited. The purchase price for the Option Shares shall be payable, in cash or its equivalent.
Appears in 1 contract
Method of Exercising Options. (i) The Option may be exercised by giving written notice, in form substantially as set forth in the Company's Stock Option Exercise Form, , to the Company at its principal office, specifying the number of Option Shares to be purchased and accompanied by payment in full of the aggregate purchase price for such Option Shares. Only full shares shall be delivered and any fractional share which might otherwise be deliverable upon exercise of the Option shall be forfeited.
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