Payment of Option Price definition

Payment of Option Price. The Option Price may be paid in the form of [check desired option(s)]:
Sample 1

Examples of Payment of Option Price in a sentence

  • Payment of Option Price: The option price of the shares of Common Stock received upon the exercise of an Option shall be paid within three days of the date of exercise: (i) in cash, or (ii) with the proceeds received from a broker-dealer whom the Participant has authorized to sell all or a portion of the Common Stock covered by the Option, or (iii) with the consent of the Committee, in whole or in part in Common Stock held by the Participant and valued at Fair Market Value on the date of exercise.

  • Payment of Option Price: An Option may be exercised only for a whole number of shares of Common Stock.

  • Payment of Option Price: At the time of the exercise in whole or in part of any option granted under this Plan, payment in full in cash, or with the consent of the Committee, in its Discretion, in Common Shares or by a promissory note payable to the order of the Company which is acceptable to the Committee, shall be made by the Participant for all shares so purchased.

  • Payment of Option Price - The notice described in Section 8.1 shall be accompanied by full payment of the aggregate Option Price to the extent the Option is so exercised, and full payment of any amounts the Company determines must be withheld for tax purposes from the Optionee pursuant to the Option Agreement.

  • Payment of Option Price: The Option price of the shares of Common Stock for which an Option shall be exercised shall be paid in full in cash at the time of the exercise or, with the consent of the Committee, in whole or in part in other consideration.

  • Payment of Option Price may be made in cash, by wire transfer, by broker-assisted cashless exercise (in accordance with the Company’s current procedures for broker-assisted cashless exercise), by the tender of Shares, or any combination thereof, or in such other form as may be determined by the Committee.

  • Payment of Option Price: The option price of the shares of Company Stock upon the exercise of an Option shall be paid: (i) in full in cash at the time of the exercise or, (ii) with the consent of the Committee, in whole or in part in Company Stock held by the Participant for at least six months valued at Fair Market Value on the date of exercise.

  • Payment of Option Price: The option price of the shares of Common Stock upon the exercise of an Option shall be paid in full in cash at the time of the exercise or, with the consent of the Committee, in whole or in part in Common Stock valued at Fair Market Value on the date of exercise.

  • This provision replaces Paragraph 1(b): Payment of Option Price, of the Agreement: Subject to paragraph 2 below, the Option may be exercised in whole or in part upon payment of an amount (the “Option Price”) equal to the product of (i) the Exercise Price and (ii) the number of Option Shares to be acquired.

  • Payment of Option Price ----------------------- Payment for the Shares purchased under the Option shall be made to the Company either: (a) in cash (including cashier's check, bank draft or money order); or (b) by the tender to the Company of shares owned by the Participant having a Fair Market Value equal to the Option price; (c) in cash, but by means of a so-called "cashless exercise"; or (d) by any combination of cash and Shares.

Related to Payment of Option Price

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Termination Price As defined in Section 9.01.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Transaction Price means the final, publicly announced, price per share of Common Stock paid by an acquirer in connection with a Change in Control (other than a Non-Transactional Change in Control), provided, however, that the Administrator may, in its sole discretion, discount the value of any earn-out, escrow or other deferred or contingent consideration (in each case, to zero) as it deems appropriate.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.

  • Acquisition Price means the fair market value of the securities, cash or other property, or any combination thereof, receivable upon consummation of a Company Transaction in respect of a share of Common Stock.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).