Common use of Payment of Option Price Clause in Contracts

Payment of Option Price. The Option Price upon exercise of this Option shall be payable to the Company in full (i) in cash or its equivalent (acceptable cash equivalents shall be determined at the sole discretion of the Company); (ii) at the sole discretion of the Company and upon such terms and conditions as the Company shall approve, by any other method of payment as provided for in the Plan, or (iii) by a combination of (i) and (ii).

Appears in 7 contracts

Samples: Stock Option Agreement (Mirenco Inc), Stock Option Agreement (Mirenco Inc), Stock Option Agreement (Mirenco Inc)

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Payment of Option Price. The Option Price upon exercise of this ----------------------- Option shall be payable to the Company in full (i) in cash or its equivalent (acceptable cash equivalents shall be determined at the sole discretion of the Company); (ii) at the sole discretion of the Company and upon such terms and conditions as the Company shall approve, by any other method of payment as provided for in the Plan, or (iii) by a combination of (i) and (ii).

Appears in 6 contracts

Samples: Stock Option Agreement (Mirenco Inc), Stock Option Agreement (Mirenco Inc), Stock Option Agreement (Mirenco Inc)

Payment of Option Price. The Option Price upon exercise of this Option shall be payable to the Company in full either (i) in cash or its equivalent (acceptable cash equivalents shall be determined at the sole discretion of the Company); (ii) at the sole discretion of the Company and upon such terms and conditions as the Company shall approve, by any other method of payment as provided for in the Plan, or (iii) by a combination of (i) and (ii).

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Winnebago Industries Inc), Incentive Stock Option Agreement (Winnebago Industries Inc)

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Payment of Option Price. The Option Price upon exercise of this ------------------------ Option shall be payable to the Company in full (i) in cash or its equivalent (acceptable cash equivalents shall be determined at the sole discretion of the Company); (ii) at the sole discretion of the Company and upon such terms and conditions as the Company shall approve, by any other method of payment as provided for in the Plan, or (iii) by a combination of (i) and (ii).

Appears in 1 contract

Samples: Stock Option Agreement (Mirenco Inc)

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