Example ContractsClausesbroker assisted salesIdentical
Broker Assisted Sales
Broker Assisted Sales contract clause examples

This Stock Option, to the extent it is then vested and exercisable, may be exercised through a broker designated by the Company or by any other method the Committee has approved; provided, however, that no such exercise shall be with respect to fewer than twenty-five (25) Shares or the remaining Shares covered by the Stock Option if less than twenty-five. The exercise must be accompanied by the payment of the full Grant Price of such Shares and any Tax-Related Items withholding. Payment may be in cash or Shares or a combination thereof to the extent permissible under Applicable Law, or through a broker-assisted cashless exercise; provided, however, that any payment in Shares shall be in strict compliance with all procedural rules established by the Committee.

RETENTION GRANT AGREEMENT
Source: SEC EDGAR database • Date: December 12, 2019 • SIC: 3570 • CIK: 3570

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