MODE OF EXERCISE. The Option may be exercised in whole or in part. Common Stock purchased upon the exercise of the Option shall be paid for in full at the time of such purchase. Such payment shall be made in cash or by wire transfer in immediately available funds in either event denominated in U.S. dollars. Upon receipt of notice of exercise and payment in accordance with procedures to be established by the Board, the Company or its agent shall deliver to the person exercising the Option (or his or her designee) a certificate for such Common Stock.
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Samples: Nonqualified Stock Option Agreement (Infinity Energy Resources, Inc), Incentive Stock Option Agreement (Infinity Energy Resources, Inc), Nonqualified Stock Option Agreement (Infinity Energy Resources, Inc)
MODE OF EXERCISE. The Option may be exercised in whole or in part. Common Stock Ordinary Shares purchased upon the exercise of the Option shall be paid for in full at the time of such purchase. Such payment shall be made in cash or by wire transfer in immediately available funds funds, in either event denominated in U.S. dollarsDollars. Upon receipt of notice of exercise and payment in accordance with procedures to be established by the Board, the Company Apex or its agent shall deliver to the person exercising the Option (or his or her designee) a certificate for such Common StockOrdinary Shares.
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MODE OF EXERCISE. The Option may be exercised in whole or in part. Common Stock Ordinary Shares purchased upon the exercise of the Option shall be paid for in full at the time of such purchase. Such payment shall be made in cash or by wire transfer in immediately available funds in either event denominated in U.S. dollarsDollars. Upon receipt of notice of exercise and payment in accordance with procedures to be established by the Board, the Company or its agent shall deliver to the person exercising the Option (or his or her designee) a certificate for such Common StockOrdinary Shares.
Appears in 1 contract
Samples: Incentive Share Option Agreement (Apex Silver Mines LTD)