Examples of Optionee Shares in a sentence
The Company shall cooperate to the extent reasonably possible with the Optionee in an exercise pursuant to which all or part of the Optionee Shares will be sold simultaneously with the exercise of the Options with the broker-dealer participating in such sale being irrevocably instructed to remit the proceeds from the exercise of the Options to the Company upon settlement of the sale of the underlying Option Shares.
The Company shall cooperate to the extent reasonably possible with the Optionee in an exercise pursuant to which all or part of the Optionee Shares will be sold simultaneously with the exercise of this Option with the broker-dealer participating in such sale being irrevocably instructed to remit the proceeds from the exercise of the Option to the Company upon settlement of the sale of the underlying Option Shares.
At the time an Option is exercised by the Optionee, the Administrative Committee in its sole discretion, may permit the Optionee to pay all such amounts of tax withholding, or any part thereof, by transferring to the Company, or directing the Company to withhold from Shares otherwise issuable to such Optionee, Shares having a value equal Administrative Committee at such time.
By: Optionee: Shares: shares of Common Stock of Neuronetics, Inc.
Except as expressly provided in this Option Plan, or as expressly provided otherwise in the stock option agreement executed by any Optionee, Shares may not be Transferred in any manner, Voluntarily or Involuntarily.
Unless the Company shall permit another valuation method to be elected by the Optionee, Shares used to pay any required withholding tax shall be valued at the average of the high and low trading price of a Share as reported on the New York Stock Exchange on the date the withholding tax becomes due.
The Company makes no representation or warranty as to the future market value of the Shares or with respect to any income tax matters affecting the Optionee resulting from the grant or exercise of an Option and/or transactions in the Optionee Shares.
In addition, at the request of the Optionee as set forth on his or her executed exercise form, the Company is authorized to settle all or part of any Option by delivering to the Optionee Shares having a fair market value (determined under the Plan) equal to the product of the excess of the fair market value of one Share (determined under the Plan), over the Option exercise price, multiplied by the number of Shares with respect to which the Optionee proposes to exercise the Option.
In addition, the Optionors hereby also acknowledges and agrees that the within obligation of the Optionee to issue the Optionee Shares will be subject to the Optionee being satisfied that an exemption from applicable registration and prospectus requirements is available under the Securities Act and all applicable securities laws in respect of each of the Optionors and the Shares.
No representation or warranty of Optionee with respect to the Shares or the Optionee Shares contained in this Agreement, and no certificate furnished or to be furnished to Owner under this Agreement, contains or will contain any untrue statement of a material fact or omits or will omit to state a material fact necessary in order to make the statements contained herein or therein not misleading in light of the circumstances under which they were made.