Common use of TERM AND EXERCISE OF OPTIONS Clause in Contracts

TERM AND EXERCISE OF OPTIONS. 8.1 Options shall be exercised by the Optionee by giving written notice to the Company, in such form and method as may be determined by the Company, which exercise shall be effective upon receipt of such notice by the Company at its principal office. The notice shall specify the number of Shares with respect to which the Option is being exercised.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Xacct Technologies 1997 LTD), Option Agreement (Xacct Technologies 1997 LTD)

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TERM AND EXERCISE OF OPTIONS. 8.1 10.1 The Options shall be exercised by the Optionee by giving written notice to the Company, in such form and method as may be determined by the CompanyCompany and the Trustee, which exercise shall be effective upon receipt of such notice by the Company at its principal office. The notice shall specify the number of Shares with respect to which the Option is Options are being exercised.

Appears in 1 contract

Samples: Option Agreement (Commtouch Software LTD)

TERM AND EXERCISE OF OPTIONS. 8.1 9.1 Options shall be exercised by the Optionee by giving written notice to the Company, in such form and method as may be determined by the CompanyCompany and the Trustee and conforming Section 102, which exercise shall be effective upon receipt of such notice by the Company at its principal office. The notice shall specify the number of Shares with respect to which the Option is being exercised.

Appears in 1 contract

Samples: 102 Option Agreement (Xacct Technologies 1997 LTD)

TERM AND EXERCISE OF OPTIONS. 8.1 10.1 Options shall be exercised by the Optionee by giving written notice to the Company, in such form and method as may be determined by the CompanyCompany and the Trustee, which exercise shall be effective upon receipt of such notice by the Company at its principal office. The notice shall specify the number of Shares with respect to which the Option is being exercised.

Appears in 1 contract

Samples: Stock Option Agreement (Xacct Technologies 1997 LTD)

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TERM AND EXERCISE OF OPTIONS. 8.1 11.1 Options shall be exercised by the Optionee a Participant by giving written notice to the Company, in the form substantially attached hereto as EXHIBIT B or such form other form(s) and method as may be determined by the Company, which exercise shall be effective upon receipt of such notice by Company from time to time (the Company at its principal office. The notice shall specify the number of Shares with respect to which the Option is being exercised"EXERCISE NOTICE").

Appears in 1 contract

Samples: Option Grant Letter Agreement (Nice Systems LTD)

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