Common use of Payment of Price Clause in Contracts

Payment of Price. Upon exercise of the Option with respect to any of the Shares and payment of the purchase price and any applicable withholding taxes for such Shares in a manner permissible under the Plan, the Company shall issue the Shares to the specified person or persons as provided in the Plan.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (American Dental Partners Inc), Nonqualified Stock Option Agreement (American Dental Partners Inc), Nonqualified Stock Option Agreement (American Dental Partners Inc)

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Payment of Price. Upon exercise of the Option with respect to any of the Shares and Shares, payment of the purchase price and any applicable withholding taxes for such Shares as provided in a manner permissible under the Plan, and compliance by the Participant with all other applicable provisions of the Plan and this agreement, the Company shall issue the Shares to the specified person or persons as provided in the Plan.

Appears in 1 contract

Samples: 1996 Directors Stock Option Plan Agreement (American Dental Partners Inc)

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