Common use of Notice and Manner of Exercise Clause in Contracts

Notice and Manner of Exercise. The Grantee may exercise some or all of the Options then exercisable by giving the Company notice of the number of Options to be exercised either in writing or by such other means as shall be acceptable to the Company. At or before issuance by the Company of the shares to the Grantee pursuant to the Option exercise, the Grantee shall make payment of the Option Exercise Price in U.S. funds, or the equivalent thereof acceptable to the Company, at the office of the Comptroller of the Company, or such other place as may be mutually acceptable to the Company and the Grantee.

Appears in 9 contracts

Samples: Stock Option Grant Agreement (General Electric Co), Stock Option Grant Agreement (Universal City Travel Partners), Stock Option Grant Agreement (Universal City Travel Partners)

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