Common use of Payment of Purchase Price Upon Exercise Clause in Contracts

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Option, the purchase of the shares as to which any such Option shall be exercised shall be paid in full to the Company in cash or in Stock already owned by the Employee, or a combination of cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase price.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Option, the purchase price of the shares as to which any such Option this option shall be exercised shall be paid in full cash (or, subject to the Company conditions and limitations described in cash the Plan, by delivering shares of Common Stock of the Corporation or in Stock already owned by the Employee, or delivering a combination of such Common Stock and cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase priceprice per share set forth in Paragraph 1 hereof) to the Corporation.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an this Option, the purchase of the shares as to which any such Option shall be exercised shall be paid in full to the Company in cash or in Stock already owned by the Employee, or a combination of cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the OptionOptions) as the Board deems appropriate, having a total fair market value equal to the purchase price.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Option, the purchase price of the shares as to which any such Option the option shall be exercised shall be paid in full to the Company in cash or in with Stock already owned by the EmployeeOptionee having a total Fair Market Value, as that terms is defined by the Plan, at the time of exercise equal to the purchase price, or a combination of cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, Stock having a total fair market value Fair Market Value, as so determined, equal to the purchase price.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Optionexercise, the purchase price of the shares as to which any such Option this option shall be exercised shall be paid in full cash (or, subject to the Company conditions and limitations described in cash the Plan, by delivering shares of Common Stock of the Corporation or in Stock already owned by the Employee, or delivering a combination of such shares and cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase priceprice set forth in Paragraph 1 hereof) to the Corporation.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Option, the purchase price of the shares as to which any such this Option shall be exercised shall be paid in full cash (or, subject to the Company conditions and limitations described in cash the Plan, by delivering shares of Common Stock of the Corporation or in Stock already owned by the Employee, or delivering a combination of such Common Stock and cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase priceprice per share set forth in Paragraph 1 hereof) to the Corporation.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Optionexercise, the purchase price of the shares as to which any such Option this option shall be exercised shall be paid in full cash (or, subject to the Company conditions and limitations described in cash the Plan, by delivering shares of Common Stock of the Corporation or in Stock already owned by the Employee, or delivering a combination of such Common Stock and cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase priceprice per share set forth in Paragraph 1 hereof) to the Corporation.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Optionexercise, the purchase price of the shares as to which any such Option this option shall be exercised shall be paid in full cash (or, subject to the Company conditions and limitations described in cash Section 7(c) of the Plan, by delivering shares of Common Stock of the Corporation or in Stock already owned by the Employee, or delivering a combination of such shares and cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase priceprice set forth in Paragraph 1 hereof) to the Corporation.

Payment of Purchase Price Upon Exercise. At the time of any exercise of an Option, the purchase price of the shares as to which any such Option this option shall be exercised shall be paid in full cash (or, subject to the Company conditions and limitations described in cash the Plan, by delivering shares of Common Stock of the Corporation or in Stock already owned by the Employee, or delivering a combination of such Common Stock and cash and Stock, or in such other consideration acceptable to the Board of Directors of the Company (including, to the extent permitted by applicable law, the relinquishment of a portion of the Option) as the Board deems appropriate, having a total fair market value equal to the purchase priceprice per share set forth in Paragraph I hereof) to the Corporation.