Common use of Participant Election Clause in Contracts

Participant Election. Unless otherwise determined by the Committee, you may elect to deliver shares of Common Stock (or have the Company withhold Option Shares acquired upon exercise of the Option) to satisfy, in whole or in part, the amount the Company is required to withhold for taxes in connection with the exercise of the Option. Such election must be made on or before the date the amount of tax to be withheld is determined. Once made, the election shall be irrevocable. The fair market value of the shares to be withheld or delivered will be the Fair Market Value as of the date the amount of tax to be withheld is determined.

Appears in 10 contracts

Samples: Non Qualified Stock Option Award Agreement (Mill Road Capital, L.P.), Stock Option Award Agreement (Ruths Chris Steak House, Inc.), Incentive Stock Option Agreement (Sirona Dental Systems, Inc.)

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Participant Election. Unless otherwise determined by the Committee, you A participant may elect to deliver shares -------------------- of Common Stock (or have the Company withhold Option Shares acquired upon exercise of the Option) Option to satisfy, in whole or in part, the amount the Company is required to withhold for taxes in connection with the exercise of the Option. Such election must be made on or before the date the amount of tax to be withheld is determined. Once made, the election shall be irrevocable. The fair market value of the shares to be withheld or delivered will be the Fair Market Value as of the date the amount of tax to be withheld is determined.

Appears in 1 contract

Samples: Stock Option Agreement (Hines Horticulture Inc)

Participant Election. Unless otherwise determined If permitted by the CommitteeCompany, you may elect to deliver shares of Common Stock (or have the Company withhold Option Shares acquired upon exercise of the Option) to satisfy, in whole or in part, the amount the Company is required to withhold for taxes in connection with the exercise of the Option. Such election must be made on or before the date the amount of tax to be withheld is determined. Once made, the election shall be irrevocable. The fair market value Fair Market Value of the shares to be withheld or delivered will be the Fair Market Value as of the date the amount of tax to be withheld is determined.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Home Diagnostics Inc)

Participant Election. Unless otherwise determined by the Subcommittee or the Committee, you may elect to deliver shares of Common Stock (or have the Company withhold Option Shares acquired upon exercise of the Option) to satisfy, in whole or in part, the amount the Company is required to withhold for taxes in connection with the exercise of the Option. Such election must be made on or before the date the amount of tax to be withheld is determined. Once made, the election shall be irrevocable. The fair market value of the shares to be withheld or delivered will be the Fair Market Value as of the date the amount of tax to be withheld is determined.

Appears in 1 contract

Samples: Non Qualified Stock Option Grant Agreement (FTD Inc)

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Participant Election. Unless otherwise determined by the Committee, you A participant may elect to deliver shares of -------------------- Common Stock (or have the Company withhold Option Shares acquired upon exercise of the Option) Option to satisfy, in whole or in part, the amount the Company is required to withhold for taxes in connection with the exercise of the Option. Such election must be made on or before the date the amount of tax to be withheld is determined. Once made, the election shall be irrevocable. The fair market value of the shares to be withheld or delivered will be the Fair Market Value as of the date the amount of tax to be withheld is determined.

Appears in 1 contract

Samples: Stock Option Agreement (Hines Horticulture Inc)

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