Common use of Procedure for Exercise of Options Clause in Contracts

Procedure for Exercise of Options. This Option may be exercised by giving notice to the Company or its delegate, in accordance with procedures established by the Company, and in accordance with Section 11 hereof. Such notice: (a) shall be made by the Director, his or her legal representative or permitted transferee under this Agreement; (b) shall specify the number of full Shares then elected to be purchased with respect to the Option; (c) shall be accompanied by payment in full of the Option Price of the Shares to be purchased.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Meredith Corp)

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Procedure for Exercise of Options. This Option may be exercised by giving notice to the Company or its delegate, in accordance with procedures established by the Company, and in accordance with Section 11 16 hereof. Such notice: (a) shall be made by the DirectorOptionee, his or her legal representative or permitted transferee under this Agreement; (b) shall specify the number of full Shares then elected to be purchased with respect to the Option;; * This Agreement governs Awards made on or after July 1, 2017. (c) shall be accompanied by payment in full of the Option Price of the Shares to be purchased.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Meredith Corp)

Procedure for Exercise of Options. This Option may be exercised by giving notice to the Company or its delegate, in accordance with procedures established by the Company, and in accordance with Section 11 hereof. Such notice: (a) shall be made signed by the Director, his or her legal representative or permitted transferee under this Agreement; (b) shall specify the number of full Shares then elected to be purchased with respect to the Option; (c) shall be accompanied by payment in full of the Option Price of the Shares to be purchased.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Meredith Corp)

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Procedure for Exercise of Options. This Option may be exercised by giving notice to the Company or its delegate, in accordance with procedures established by the Company, and in accordance with Section 11 16 hereof. Such notice: (a) shall be made signed by the DirectorOptionee, his or her legal representative or permitted transferee under this Agreement; (b) shall specify the number of full Shares then elected to be purchased with respect to the Option; (c) shall be accompanied by payment in full of the Option Price of the Shares to be purchased.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Meredith Corp)

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