The Exercise Notice definition

The Exercise Notice shall: (i) be signed by Executive; (ii) state the number of Option Shares with respect to which the Option is being exercised; (iii) be accompanied by a certified or cashier's check made payable to the Company in the amount of the Exercise Price multiplied by the number of Option Shares being purchased (unless utilization of the Cashless Exercise Option set forth below applies); and (iv) otherwise comply with the terms and conditions of this Agreement. No partial exercise of this Option shall be for less than one (1) Option Share. Payment may be made either in:

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The Exercise Notice shall set forth an amount expressed in dollars and without contingencies (the "Valuation"), which amount shall be used to calculate, in accordance with Section 4.1(g)(ii) hereof, the Purchase Price. The Valuation is intended to represent the amount that would be payable for 100% of the Interests of the Company. Within 15 calendar days after the Exercise Notice is given, the Offeree may give notice to the Offeror of its irrevocable, unconditional (except as provided herein) and binding election either:

The Exercise Notice. (a) must identify the Lot(s) to be acquired by Buyer pursuant to the Exercise Notice; (b) must specify a Closing Date for the purchase of the designated Lot(s); and (c) must specify any title objections (in which case the Exercise Notice shall be accompanied by a copy of Buyer's title commitment and the documents forming the basis of the title objection). The Closing Date must be during the current Option Period. The selection of Lots designated for purchase in the Exercise Notice shall be at Buyer's sole discretion, provided that all Lots remaining subject to the Option and any Outlots have access to a public road right-of-way and municipal utilities.

Examples of The Exercise Notice in a sentence

• The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares.

• The Exercise Notice will be completed by Participant and delivered to the Company.

• The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding.

• The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable tax withholding.

• The Exercise Notice shall be completed by the Optionee and delivered to the Company.

• The Exercise Notice shall be signed by the Optionee and shall be delivered in person or by certified mail to the Secretary of the Company.

• The Exercise Notice shall be accompanied by payment in full of the Exercise Price for the Shares being purchased.

• The Exercise Notice shall state the name or names in which the shares of Common Stock that are issuable on such exercise shall be issued.

• The Exercise Notice shall be completed by the Optionee and delivered to Secretary of the Company.

• The Exercise Notice must specify the number of Shares to be purchased, which shall be at least 100 unless fewer shares remain unexercised.

More Definitions of The Exercise Notice

The Exercise Notice shall define the specific portion of the shares to be purchased from Party B and/or Party C or the assets to be purchased from Party D (hereinafter referred to as the "Purchased Shares (Asset)) and the purchase method.

The Exercise Notice shall: (i) be signed by Executive; (ii) state the num-ber of Option Shares with respect to which the Option is being exercised; (iii) be accompanied either by cash or certified or cashier's check made payable to the Company in the amount of the Exercise Price multiplied by the number of Option Shares being purchased or by a written instruction from Executive to the Company instructing the Company to retain that number of Option Shares for which the Option is being exercised having a Fair Market Value equal to the aggregate Exercise Price; and (iv) unless otherwise provided herein, be accompanied by a stock power (in the form attached hereto as EXHIBIT A) for the Option Shares with respect to which the Option is being exercised duly executed by Executive but not dated (the "Stock Power") and (v) otherwise comply with the terms and conditions of this Agreement. No partial exercise of this Option shall be for less than one (1) Option Share.

The Exercise Notice shall: (a) state the number of Shares with respect to which the Award is being exercised; (b) be signed by the holder of the Award or by the person authorized to exercise the Award pursuant to Section 6.1(c) and (c) include such other information, instruments and documents as may be required to satisfy any other condition to exercise set forth in the Award Agreement. Except as provided below, payment in full, in cash or check, shall be made for all Shares purchased at the time notice of exercise of an Award is given to the Company. The proceeds of any payment shall constitute general funds of the Company. At the time an Award is granted or before it is exercised, the Committee, in the exercise of its sole discretion, may authorize any one or more of the following additional methods of payment:

The Exercise Notice shall: (i) be signed by Optionee; (ii) state the number of Option Shares with respect to which the Option is being exercised; (iii) be accompanied either by cash or certified or cashier's check made payable to the Company in the amount of the Exercise Price multiplied by the number of Option Shares being purchased or by a written instruction ITom Optionee to the Company instructing the Company to retain that number of Option Shares for which the Option is being exercised having a Fair Market Value equal to the aggregate Exercise Price; and (iv) otherwise comply with the terms and conditions of this Agreement. No partial exercise of this Option shall be for less than one hundred (100) Option Shares.