Time and Method of Exercise. At any time while any portion of the Options remain vested and exercisable, Employee may exercise such vested Options in whole or in part by delivering to the Company written notice of exercise and payment of the exercise price. Such exercise price may be paid (i) in cash, by check or in another cash equivalent acceptable to the Company, (ii) by transfer to the Company of nonforfeitable, unrestricted Shares held by Employee, (iii) through broker-assisted “cashless” exercise arrangements, to the extent permissible under applicable law, (iv) by any other method permitted under the Plan and under rules established by the Committee and in effect from time to time, or (v) by a combination of the foregoing.
Appears in 7 contracts
Samples: Stock Option Agreement (Gleacher & Company, Inc.), Stock Option Agreement (Gleacher & Company, Inc.), Inducement Stock Option Agreement (Gleacher & Company, Inc.)
Time and Method of Exercise. At any time while any portion of the Options remain vested and exercisable, Employee may exercise such vested Options in whole or in part by delivering to the Company written notice of exercise and payment of the exercise price. Such exercise price may be paid (i) in cash, by check or in another cash equivalent acceptable to the Company, (ii) by transfer to the Company of nonforfeitable, unrestricted nonrestricted Shares held by Employee, (iii) through broker-assisted “cashless” exercise arrangements, to the extent permissible under applicable law, (iv) by any other method permitted under the Plan and under rules established by the Committee and in effect from time to time, or (v) by a combination of the foregoing.
Appears in 4 contracts
Samples: Stock Option Agreement (Broadpoint Securities Group, Inc.), Stock Option Agreement (Broadpoint Securities Group, Inc.), Stock Option Agreement (Broadpoint Securities Group, Inc.)
Time and Method of Exercise. At any time while any portion of the Options remain vested and exercisable, Employee may exercise such vested outstanding Options in whole or in part by delivering to the Company written notice of exercise and payment of the exercise price. Such exercise price may be paid (i) in cash, by check or in another cash equivalent acceptable to the Company, (ii) by transfer to the Company of nonforfeitable, unrestricted Shares held by Employee, (iii) through broker-assisted “cashless” exercise arrangements, to the extent permissible under applicable law, (iv) by any other method permitted under the Plan and under rules established by the Committee and in effect from time to time, or (v) by a combination of the foregoing.
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