Common use of Payment for Option Clause in Contracts

Payment for Option. Any person entitled to exercise the Option may do so by giving written notice of the exercise to the Company, stating the number of shares that he is purchasing and transmitting the exercise price in cash.

Appears in 6 contracts

Samples: Stanley Furniture Co Inc., Stanley Furniture Co Inc., Stanley Furniture Co Inc.

AutoNDA by SimpleDocs

Payment for Option. Any person entitled to exercise the Option may do so by giving written notice of the exercise to the Company, stating the number of shares that he is purchasing and transmitting the exercise price in full in cash.

Appears in 2 contracts

Samples: Incentive Stock Option Grant Form and Option Agreement (Verisign Inc/Ca), Verisign Inc/Ca

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!