Example ContractsClausesCashless Exercise
Cashless Exercise
Cashless Exercise contract clause examples

​ a “Cashless Exercise” with respect to ​ Warrant Shares.

through a “cashless exercise program” established with a broker;

By a broker-assisted cashless exercise (Contact Company CFO).

Restrictions. The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered, or unless exercised in a cashless exercise when Rule 144 is available, and the Holder does not utilize cashless exercise, will have restrictions upon resale imposed by state and federal securities laws.

to be issued pursuant to such exercise, and (ii) if applicable (as provided below), whether the exercise is a cashless exercise.

add or modify a cashless exercise feature providing for payment in cash or securities upon the exercise of Options;

• a “cashless exercise” with a third party who provides simultaneous financing for the purposes of (or who otherwise facilitates) the exercise of the Option.

consideration received by the Company under a cashless exercise program implemented by the Company in connection with the Plan;

to the extent permitted by law, the delivery of cash by a broker-dealer pursuant to a Cashless Exercise;

(A) = the VWAP on the Trading Day immediately preceding the date on which New Purchaser elects to exercise this Warrant by means of a “cashless exercise,” as set forth in the applicable Notice of Exercise;

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