Common use of Notice Of Option Exercise Clause in Contracts

Notice Of Option Exercise. This letter is notice of my decision to exercise the option that was granted to me on __________________. The exercise will be effective on _________________. I am exercising the option for ________________ shares of Common Stock. Enclosed is my check for $ __________, which is the aggregate option price for the number of shares for which I am exercising the option. Please issue the certificate according to the following instructions: (If entity is a trust, please include date trust was established.) Sincerely,

Notice Of Option Exercise. This letter is notice of my decision to exercise the option that was granted to me on __________________. The exercise will be effective on _________________. I am exercising the option for ________________ shares of Common Stock. Enclosed is my check for $ __________, which is the aggregate option price for the number of shares for which I am exercising the option. Please issue the certificate according to the following instructions: Name/entity stock certificate issued to: (If entity is a trust, please include date trust was established.) Address to send stock certificate: Sincerely,, Accepted by: Date: