Procedure for Exercise of Option. The Option may be exercised only by (a) execution and delivery by the Holder to the Company of an exercise form or forms prescribed by the Committee; and (b) surrender of this Agreement at the principal office of the Company. Each exercise form must set forth the number of shares of Common Stock for which the Option is exercised and must be dated and signed by the person exercising the Option.
Appears in 5 contracts
Samples: Employee Nonstatutory Stock Option Agreement (Tollgrade Communications Inc \Pa\), Nonstatutory Stock Option Agreement (Tollgrade Communications Inc \Pa\), Nonstatutory Stock Option Agreement (Tollgrade Communications Inc \Pa\)
