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Common use of Payment of Price Clause in Contracts

Payment of Price. Upon exercise of the Option, the Company shall deliver a certificate or certificates for such Common Shares to the specified person or persons at the specified time upon receipt of the full purchase price for such Common Shares by any method of payment authorized by the Plan.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Avert Inc), Incentive Stock Option Agreement (Avert Inc), Incentive Stock Option Agreement (Avert Inc)

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Payment of Price. Upon exercise of the Option, the Company shall deliver a certificate or certificates for such Common Shares Stock to the specified person or persons at the specified time upon receipt of the full purchase price for such Common Shares by any method of payment authorized by the PlanStock.

Appears in 4 contracts

Samples: Stock Option Agreement (Patterson Uti Energy Inc), Stock Option Agreement (Patterson Uti Energy Inc), Stock Option Agreement (Patterson Uti Energy Inc)

Payment of Price. Upon exercise of the Option, the Company shall deliver a certificate or certificates for such the Common Shares purchased thereunder to the specified person or persons at the specified time upon receipt of the full purchase price for such Common Shares Shares: (i) by certified or bank cashier's check, or (ii) by any other method of payment or combination thereof authorized by the Plan.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Progressive Corp/Oh/), Non Qualified Stock Option Agreement (Progressive Corp/Oh/), Non Qualified Stock Option Agreement (Progressive Corp/Oh/)

Payment of Price. Upon exercise of the Option, the Company shall deliver a certificate or certificates for such the Common Shares purchased thereunder to the specified person or persons at the specified time upon receipt of the full purchase price for such Common Shares Shares: (i) by certified or bank cashier’s check, or (ii) by any other method of payment or combination thereof authorized by the Plan.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Progressive Corp/Oh/), Non Qualified Stock Option Agreement (Progressive Corp/Oh/), Non Qualified Stock Option Agreement (Progressive Corp/Oh/)

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Payment of Price. Upon exercise of the Option, the Company shall deliver a certificate or certificates for such the Common Shares purchased thereunder to the specified person or persons at the specified time upon receipt of the full purchase price for such Common Shares Shares: (a) by certified or bank cashier's check, or (b) by any other method of payment or combination thereof authorized by the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Progressive Corp/Oh/), Non Qualified Stock Option Agreement (Progressive Corp/Oh/)

Payment of Price. Upon exercise of the Option, the Company shall deliver a certificate or certificates for such the Common Shares purchased thereunder to the specified person or persons at the specified time upon receipt of the full purchase price for such Common Shares Shares: (a) by certified or bank cashier’s check, or (b) by any other method of payment or combination thereof authorized by the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Progressive Corp/Oh/), Non Qualified Stock Option Agreement (Progressive Corp/Oh/)

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