Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner: (i) in cash or by check; (ii) subject to paragraph 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price; (iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or (iv) by any combination of the foregoing.
Appears in 5 contracts
Samples: Incentive Stock Option Agreement (Cisco Systems Inc), Non Qualified Stock Option Agreement (Molecular Simulations Inc), Non Qualified Stock Option Agreement (Eroom Technology Inc)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in United States dollars in cash or by check;
(ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's ’s Common Stock having a fair market value (as determined by the Committee) equal as of the date of the exercise equal to the option pricecash exercise price of this option;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Datawatch Corp), Incentive Stock Option Agreement (Datawatch Corp), Non Qualified Stock Option Agreement (Datawatch Corp)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or;
(iv) by any combination of the foregoing.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Breakaway Solutions Inc), Non Qualified Stock Option Agreement (Breakaway Solutions Inc), Non Qualified Stock Option Agreement (Breakaway Solutions Inc)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Datawatch Corp), Incentive Stock Option Agreement (Gulf South Medical Supply Inc), Incentive Stock Option Agreement (Datawatch Corp)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale xxxx of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or;
(iv) by any combination of the foregoing.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Breakaway Solutions Inc), Non Qualified Stock Option Agreement (Breakaway Solutions Inc)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Cabletron Systems Inc), Incentive Stock Option Agreement (Investors Financial Services Corp)
Payment of Price. (a) FORM OF PAYMENT: . The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 2 contracts
Samples: Non Qualified Stock Option and Stock Repurchase Agreement (Eroom Technology Inc), Non Qualified Stock Option and Stock Repurchase Agreement (Eroom Technology Inc)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Eroom Technology Inc), Non Qualified Stock Option Agreement (Eroom Technology Inc)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in United States dollars in cash or by check;
(ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's ’s Common Stock having a fair market value Fair Market Value (as determined by the Committee) equal as of the date of the exercise equal to the option pricecash exercise price of this option;
(iii) by delivery (including by attestation) of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Datawatch Corp), Non Qualified Stock Option Agreement (Datawatch Corp)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the following manner:
(i) in cash or by check;
(ii) subject to paragraph 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) at the option of the Employee, by any combination of the foregoing.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Molecular Simulations Inc)
Payment of Price. (aA) FORM OF PAYMENT: The option price shall be paid in the following --------------- manner:
(i) in cash or by check;
(ii) subject to paragraph 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Cabletron Systems Inc)
Payment of Price. (a) FORM OF PAYMENT: The option price shall be paid in the ---------------- following manner:
(i) in cash or by check;
(ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
(iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
(iv) by any combination of the foregoing.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Excel Switching Corp)
Payment of Price. (aA) FORM OF PAYMENT: . The option price shall be paid in the --------------- following manner:
: (i) in cash or by check;
; (ii) subject to paragraph Section 7(b) below, by delivery of shares of the Company's Common Stock having a fair market value (as determined by the Committee) equal as of the date of exercise to the option price;
; (iii) by delivery of an assignment satisfactory in form and substance to the Company of a sufficient amount of the proceeds from the sale of the Option Shares and an instruction to the broker or selling agent to pay that amount to the Company; or
or (iv) by any combination of the foregoing.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Excel Switching Corp)