Common use of Procedures for Exercise Clause in Contracts

Procedures for Exercise. The manner of exercising the ISO Option herein granted shall be by written notice to the Secretary of the Company at the time the ISO Option, or part thereof, is to be exercised, and in any event prior to the expiration of the ISO Option. Such notice shall state the election to exercise the ISO Option, the number of shares of Stock to be purchased upon exercise, the form of payment to be used, and shall be signed by the person so exercising the ISO Option.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Helmerich & Payne Inc), Nonqualified Stock Option Agreement (Helmerich & Payne Inc), Nonqualified Stock Option Agreement (Helmerich & Payne Inc)

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Procedures for Exercise. The manner of exercising the ISO Option herein granted shall be by written notice to the Secretary Compliance Manager of the Company at the time the ISO Option, or part thereof, is to be exercised, and in any event prior to the expiration of the ISO Option. Such notice shall state the election to exercise the ISO Option, the number of shares of Stock to be purchased upon exercise, and the form of payment to be used, and shall be signed by the person so exercising the ISO Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Chesapeake Energy Corp)

Procedures for Exercise. The manner of exercising the ISO Option herein granted shall be by written notice to the Secretary or Personnel Manager of the Company at prior to the time date the ISO Option, or part thereof, is to be exercised, and in any event prior to the expiration of the ISO OptionOption Period. Such notice shall state the election to exercise the ISO Option, Option and the number of shares of Stock with respect to be purchased upon exercise, that portion of the form of payment to be usedStock Option being exercised, and shall be signed by the person or persons so exercising the ISO Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Beard Co /Ok)

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Procedures for Exercise. The manner of exercising the ISO Option herein granted shall be by written notice to the Secretary or Personnel Manager of the Company at prior to the time date the ISO Option, or part thereof, is thereofis to be exercised, and in any event prior to the expiration of the ISO OptionPeriod. Such notice shall state the election to exercise the ISO Option, Option and the number of shares of Stock with respect to be purchased upon exercise, that portion of the form of payment to be usedISO Option being exercised, and shall be signed by the person or persons so exercising the ISO Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Beard Co /Ok)

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