Surrender of Stock. With the Committee’s consent, all or any part of the Exercise Price may be paid by surrendering, or attesting to the ownership of, Common Shares that are already owned by the Optionee. Such Common Shares shall be valued at their Fair Market Value on the date when the new Common Shares are purchased under the Plan.
Appears in 6 contracts
Samples: 2016 Equity Incentive Plan (Vanda Pharmaceuticals Inc.), Equity Incentive Plan (Alimera Sciences Inc), Equity Incentive Plan (Alimera Sciences Inc)
Surrender of Stock. With the Committee’s consent, all or any part of the Exercise Price may be paid by surrendering, or attesting to the ownership of, Common Shares that are already owned by the Optionee. Such Common Shares shall be valued at their Fair Market Value on the date when the new Common Shares are purchased under the Plan.
Appears in 2 contracts
Samples: Inducement Equity Incentive Plan (Riverbed Technology, Inc.), 2007 Equity Incentive Plan (GlassHouse Technologies Inc)
Surrender of Stock. With the Committee’s 's consent, all or any part of the Exercise Price may be paid by surrendering, or attesting to the ownership of, Common Shares that are already owned by the Optionee. Such Common Shares shall be valued at their Fair Market Value on the date when the new Common Shares are purchased under the Plan.
Appears in 1 contract
Samples: 2008 New Employee Equity Incentive Plan (Theravance Inc)
