Common use of Payment or Delivery by the Company Clause in Contracts

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will deliver or cause to be delivered to or at the direction of the Grantee the amount of consideration determined under the second sentence of Section 2 above, which consideration shall consist of cash, shares of LBTYA (valued at their Fair Market Value on the date of exercise) or a combination of the foregoing, as determined by the Committee. Any delivery of shares of LBTYA will be deemed effected for all purposes when (i) a certificate representing such shares or statement of holdings reflecting such shares held through the Direct Registration System has been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificate or statement of holdings in the United States mail, addressed to the Grantee, or (ii) confirmation of deposit into the designated broker’s account of such shares, in written or electronic format, is first made available to Grantee. Any cash payment will be deemed effected when the Company or a Subsidiary makes the payment by any of the following means: (i) by check , payable to or at the direction of the Grantee and in the amount equal to the amount of the cash payment, delivered personally to or at the direction of the Grantee or deposited in the United States mail, addressed to the Grantee or his or her nominee, or (ii) by delivery of the amount of such cash payment by electronic transfer to Grantee’s designated account.

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will deliver or cause to be delivered to or at the direction of the Grantee the amount of consideration determined under the second sentence of Section 2 above, which consideration shall consist of cash, shares of LBTYA LBTY (valued at their Fair Market Value on the date of exercise) or a combination of the foregoing, as determined by the Committee. Any delivery of shares of LBTYA LBTY will be deemed effected for all purposes when (i) a certificate representing such shares or statement of holdings reflecting such shares held through for the Direct Registration System benefit of Grantee in uncertificated form by a third party service provider designated by the Company has been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificate or statement of holdings has been deposited in the United States mail, addressed to the Grantee, or (ii) confirmation of deposit into the designated broker’s account of such shares, in written or electronic format, is first made available to Grantee. Any cash payment will be deemed effected when the Company or a Subsidiary makes the payment by any of the following means: (i) by check , payable to or at the direction of the Grantee and in the amount equal to the amount of the cash payment, delivered personally to or at the direction of the Grantee or deposited in the United States mail, addressed to the Grantee or his or her nominee, or (ii) by delivery of the amount of such cash payment by electronic transfer to Grantee’s designated account.

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will deliver or cause to be delivered to or at the direction of the Grantee the amount of consideration determined under the second sentence of Section 2 above, which consideration shall consist of cash, shares of LBTYA (valued LBTY___(valued at their Fair Market Value on the date of exercise) or, at the discretion of the Committee, if Grantee is not subject to U.S. federal income tax, cash or a combination of the foregoing, as determined by the Committeecash and shares. Any delivery of shares of LBTYA will LBTY___will be deemed effected for all purposes when (i) a certificate representing such shares or statement of holdings reflecting such shares held through for the Direct Registration System benefit of Grantee in uncertificated form by a third party service provider designated by the Company has been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificate or statement of holdings has been deposited in the United States mail, addressed to the Grantee, or (ii) confirmation of deposit into the designated broker’s account of such shares, in written or electronic format, is first made available to Grantee. Any cash payment will be deemed effected when the Company or a Subsidiary makes the payment by any of the following means: (i) by check , payable to or at the direction of the Grantee and in the amount equal to the amount of the cash payment, delivered personally to or at the direction of the Grantee or deposited in the United States mail, addressed to the Grantee or his or her nominee, or (ii) by delivery of the amount of such cash payment by electronic transfer to Grantee’s designated account.

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the Company will deliver or cause to be delivered to or at the direction of the Grantee the amount of consideration determined under the second sentence of Section 2 above, which consideration shall consist of cash, shares of LBTYA LBTY (valued at their Fair Market Value on the date of exercise) or, at the discretion of the Committee, if Grantee is not subject to U.S. federal income tax, cash or a combination of the foregoing, as determined by the Committeecash and shares. Any delivery of shares of LBTYA LBTY will be deemed effected for all purposes when (i) a certificate representing such shares or statement of holdings reflecting such shares held through for the Direct Registration System benefit of Grantee in uncertificated form by a third party service provider designated by the Company has been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificate or statement of holdings has been deposited in the United States mail, addressed to the Grantee, or (ii) confirmation of deposit into the designated broker’s account of such shares, in written or electronic format, is first made available to Grantee. Any cash payment will be deemed effected when the Company or a Subsidiary makes the payment by any of the following means: (i) by check , payable to or at the direction of the Grantee and in the amount equal to the amount of the cash payment, delivered personally to or at the direction of the Grantee or deposited in the United States mail, addressed to the Grantee or his or her nominee, or (ii) by delivery of the amount of such cash payment by electronic transfer to Grantee’s designated account.

Payment or Delivery by the Company. As soon as practicable after receipt of all items referred to in Section 4, and subject to the withholding referred to in Section 5, the 4 Company will deliver or cause to be delivered to or at the direction of the Grantee the amount of consideration determined under the second sentence of Section 2 above, which consideration shall consist of cash, shares of LBTYA LBTY__ (valued at their Fair Market Value on the date of exercise) or, at the discretion of the Committee, if Grantee is not subject to U.S. federal income tax, cash or a combination of the foregoing, as determined by the Committeecash and shares. Any delivery of shares of LBTYA LBTY__ will be deemed effected for all purposes when (i) a certificate representing such shares or statement of holdings reflecting such shares held through for the Direct Registration System benefit of Grantee in uncertificated form by a third party service provider designated by the Company has been delivered personally to the Grantee or, if delivery is by mail, when the stock transfer agent of the Company has deposited the certificate or statement of holdings has been deposited in the United States mail, addressed to the Grantee, or (ii) confirmation of deposit into the designated broker’s account of such shares, in written or electronic format, is first made available to Grantee. Any cash payment will be deemed effected when the Company or a Subsidiary makes the payment by any of the following means: (i) by check , payable to or at the direction of the Grantee and in the amount equal to the amount of the cash payment, delivered personally to or at the direction of the Grantee or deposited in the United States mail, addressed to the Grantee or his or her nominee, or (ii) by delivery of the amount of such cash payment by electronic transfer to Grantee’s designated account.