Delivery of Shares. Upon the exercise of an Option in compliance with the provisions of this Section 5, the receipt by the Company of the payment for the shares of Company Stock so acquired, and satisfaction of the provisions of this Section 5, the Company shall deliver or cause to be delivered, within a reasonable time, to the Participant exercising the Option, either certificate(s) or shares held in book-entry form (“Book-Entry Shares”) for the number of shares of Company Stock with respect to which the Option is exercised. The shares of Company Stock shall be registered in the name of the exercising Participant or in such name jointly with the Participant as the Participant may direct in the written notice of exercise. The Company may place on any certificate or Book-Entry Shares representing Company Stock issued upon the exercise of an Option any legend or notation deemed desirable by the Company’s counsel to comply with federal or state securities laws. The Company may require of the Participant a customary indication of his or her investment intent. A Participant shall not possess shareholder rights with respect to shares acquired upon the exercise of an Option until the Participant has made any required payment, including payment of Applicable Withholding Taxes, and the Company has issued a certificate (or made an equivalent book-entry notation in the records of the Company’s stock transfer agent) for the shares of Company Stock acquired.

6.6Payment. Options shall be exercised by a Participant’s delivery of Shares. Upona written notice of exercise to the exerciseSecretary of an Option in compliance with the provisions of this [Section 5], the receipt by the Company of the payment for the shares of Company Stock so acquired, and satisfaction of the provisions of this [Section 5](or its designee), the Company shall deliver or cause to be delivered, within a reasonable time, to the Participant exercising the Option, either certificate(s) or shares held in book-entry form (“Book-Entry Shares”) forsetting forth the number of shares of Company StockShares with respect to which the Option is exercised. The shares of Company Stock shallto be registered inexercised, accompanied by full payment for the name of the exercising Participant or in such name jointly with the Participant as the Participant may direct in the written notice of exercise. The Company may place on any certificate or Book-Entry Shares representing Company Stock issued uponShares. Upon the exercise of an OptionOption, the Exercise Price shall be payable to the Company in full in cash or its equivalent. The Committee may also permit exercise # by tendering previously acquired Shares having an aggregate Fair Market Value at the time of exercise equal to the total Exercise Price, or # by any legend or notation deemed desirable byother means which the Company’s counselCommittee determines to complyprovide legal consideration for the Shares, and to be consistent with federal or state securities laws. The Company may requirethe purposes of the ParticipantPlan. As soon as practicable after receipt of a customary indicationwritten notification of hisexercise and full payment for the Shares purchased, the Company shall deliver to the Participant, Share certificates (which may be in book entry form) representing such Shares. Until the issuance of the stock certificates, no right to vote or her investment intent. A Participantreceive dividends or any other rights as a shareholder shall not possess shareholder rightsexist with respect to shares acquired upon the exercise of anShares as to which the Option untilhas been exercised. No adjustment will be made for a dividend or other rights for which a record date is established prior to the Participant has made any required payment, including payment of Applicable Withholding Taxes, anddate the Company has issued a certificate (or made an equivalent book-entry notation in the records of the Company’s stock transfer agent) for the shares of Company Stock acquired.certificates are issued.

Subject to any governing rules or regulations, as soon as practicable after receipt of Shares. Upon thewritten notification of exercise of an Option in compliance with the provisions of this [Section 5], the receipt by the Company of theand full payment for the shares of Company Stock so acquired, and(including satisfaction of the provisions of this [Section 5]any applicable tax withholding), the Company shall deliver or cause to be delivered, within a reasonable time, to the Participant exercisingevidence of book entry Shares, or upon the Option, either certificate(s) or shares heldParticipant’s request, Share certificates in book-entry form (“Book-Entry Shares”) foran appropriate amount based upon the number of shares of Company Stock with respect to whichShares purchased under the Option is exercised. The shares of Company Stock shall be registered in the name of the exercising Participant or in such name jointly with the Participant as the Participant may direct in the written notice of exercise. The Company may place on any certificate or Book-Entry Shares representing Company Stock issued upon the exercise of an Option any legend or notation deemed desirable by the Company’s counsel to comply with federal or state securities laws. The Company may require of the Participant a customary indication of his or her investment intent. A Participant shall not possess shareholder rights with respect to shares acquired upon the exercise of an Option until the Participant has made any required payment, including payment of Applicable Withholding Taxes, and the Company has issued a certificate (or made an equivalent book-entry notation in the records of the Company’s stock transfer agent) for the shares of Company Stock acquired.Option(s).

DeliveryMethod of Shares. Upon the exercise of an Option in compliance with the provisions of this Section 5, the receiptExercise. Options shall be exercised by the Companydelivery of the payment for the shares of Company Stock so acquired, and satisfaction of the provisions of this Section 5,a written notice to the Company shall deliver or cause toin the form (which may be delivered, within a reasonable time, toelectronic) prescribed by the Participant exercising the Option, either certificate(s) or shares held in book-entry form (“Book-Entry Shares”) forCommittee (or its delegee) setting forth the number of shares of Company StockShares with respect to which the Option is exercised.to be exercised, accompanied by full payment for the Shares and payment of (or an arrangement satisfactory to the Company for the Participant to pay) any tax withholding required in connection with the Option exercise. The shares of Company StockOption Price shall be registeredpayable to the Company in the namefull either # in cash, # by delivery of the exercising Participant or in such name jointly withShares of Stock that the Participant ashas previously acquired and owned valued at Fair Market Value at the Participant may direct intime of exercise, # by delivery of a properly executed exercise notice together with irrevocable instructions to a broker to deliver promptly to the written noticeCompany, from the sale with respect to the sale of exercise. TheStock, the amount necessary to pay the Option Price and, if applicable, related withholding taxes, # by the Company may place on any certificate or Book-Entrywithholding Shares representing Company Stock issuedotherwise issuable upon the exercise valued at Fair Market Value at the time of an Option any legendexercise, or notation deemed desirable# by the Company’s counsel to comply with federal or state securities laws. The Company may requirea combination of the foregoing. As soon as practicable, after receipt of written notice and payment of the Option Price and completion of payment of (or an arrangement satisfactory to the Company for the Participant a customary indication of his or her investment intent. Ato pay) any tax withholding required in connection with the Option exercise, the Company shall, in the Committee's discretion, either deliver to the Participant shall not possess shareholder rights with respect to shares acquiredstock certificates in an appropriate amount based upon the exercisenumber of an Option until the Participant has made any required payment, including payment of Applicable Withholding Taxes, and the Company hasOptions exercised, issued a certificate (or made an equivalent book-entry notation in the recordsParticipant's name, or deliver the appropriate number of the Company’s stock transfer agent) for the shares of Company Stock acquired.Shares in book-entry or electronic form.

Delivery of Shares. Upon the exerciseShares to Option Holder. Promptly after receipt of an Option in compliance with the provisions of this Section 5, the receipt by the CompanyExercise Notice and full payment of the paymentExercise Price for the shares of Company Stock soShares being acquired, and satisfaction of the provisions of this Section 5, the Company shall issue and deliver or cause to be delivered, within a reasonable time, to the ParticipantOption Holder (or other person validly exercising the Option, either certificate(s)NQSO) a certificate or shares heldcertificates representing the Shares of Common Stock being purchased, or evidence of the issuance of such Shares in book-entry form (“Book-Entry Shares”) for the number of shares of Company Stock with respect to which the Option is exercised. The shares of Company Stock shall beform, registered in the name of the exercising Participant orOption Holder (or such other person), or, upon request, in the name of the Option Holder (or such other person) and in the name of another person in such name jointly withform of joint ownership as requested by the Participant as the Participant may direct in the written notice of exercise.Option Holder (or such other person) pursuant to applicable state law. The Company may place on anyCompany’s obligation to deliver a stock certificate or Book-Entryevidence of the issuance of Shares representing Company Stock issuedin book-entry form for Shares purchased upon the exercise of an NQSO can be conditioned upon the receipt of a representation of investment intent from the Option any legend or notation deemed desirable byHolder (or the Company’Option Holder’s counsel to comply with federal or state securities laws.Beneficiary) in such form as the Committee requires. The Company may requireshall not be required to deliver stock certificates or evidence of the Participant a customary indicationissuance of hisShares in book-entry form for Shares purchased prior to: # the listing of those Shares on the Nasdaq; or her investment intent. A Participant shall not possess shareholder rights with respect to shares acquired upon# the exercisecompletion of an Option until the Participant has made any registration or qualification of those Shares required payment, including payment of Applicable Withholding Taxes, and the Company has issued a certificate (or made an equivalent book-entry notation in the records of the Company’s stock transfer agent) for the shares of Company Stock acquired.under applicable law.

Delivery of Shares. Upon the exercise of anAn Option in compliance with the provisions of this Section 5, the receipt bywill be deemed exercised when the Company receives: # notice of exercise (in such form as the Administrator may specify from time to time) from the person entitled to exercise the Option, and # full payment for the shares of Company Stock so acquired, and satisfaction of the provisions of this Section 5, the Company shall deliver or cause to be delivered, within a reasonable time, to the Participant exercising the Option, either certificate(s) or shares held in book-entry form (“Book-Entry Shares”) for the number of shares of Company StockShares with respect to which the Option is exercised. The sharesexercised (together with applicable tax withholding). Full payment may consist of Company Stock shallany consideration and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan. Shares issued upon exercise of an Option will be registeredissued in the name of the exercising Participant oror, if requested by the Participant, in suchthe name jointly withof the Participant and his or her spouse. Until the Shares are issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder will exist with respect to the Participant may direct in the written notice of exercise. The Company may place on any certificate or Book-Entry Shares representing Company Stock issued uponsubject to an Option, notwithstanding the exercise of an Option any legend or notation deemed desirable by the Company’s counsel to comply with federal or state securities laws.Option. The Company may requirewill issue (or cause to be issued) such Shares promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 14 of the Participant a customary indication of his or her investment intent. A Participant shall not possess shareholder rights with respect to shares acquired upon the exercise of an Option until the Participant has made any required payment, including payment of Applicable Withholding Taxes, and the Company has issued a certificate (or made an equivalent book-entry notation in the records of the Company’s stock transfer agent) for the shares of Company Stock acquired.Plan.

DeliveryAn Option shall be deemed to be exercised when written notice of Shares. Uponsuch exercise has been given to the exercise of an OptionCompany in complianceaccordance with the provisionsterms of this Section 5, the receiptinstrument evidencing the Option by the Company ofperson entitled to exercise the Option and full payment for the shares of Company Stock so acquired, and satisfaction of the provisions of this Section 5, the Company shall deliver or cause to be delivered, within a reasonable time, to the Participant exercising the Option, either certificate(s) or shares held in book-entry form (“Book-Entry Shares”) for the number of shares of Company StockShares with respect to which the Option is exercised. The sharesexercised has been received by the Company. Full payment may, as authorized by the Board, consist of Company Stock shall be registered in the name any consideration and method of payment allowable under Section 8(c)of the exercising Participant orPlan; it being understood that the Company shall take such action as may be reasonably required to permit use of an approved payment method. Until the issuance, which in such name jointly withno event will be delayed more than thirty # days from the Participant as the Participant may direct in the written noticedate of exercise. The Company may place on any certificate or Book-Entry Shares representing Company Stock issued upon the exercise of an Option any legend or notation deemed desirablethe Option, (as evidenced by the Company’s counsel to comply with federal or state securities laws. The Company may requireappropriate entry on the books of the ParticipantCompany or of a customary indicationduly authorized transfer agent of histhe Company) of the stock certificate evidencing such Shares, no right to vote or her investment intent. A Participantreceive dividends or any other rights as a stockholder shall not possess shareholder rightsexist with respect to shares acquired uponthe Optioned Stock, notwithstanding the exercise of an Option until the Participant hasOption. No adjustment will be made any required payment, including payment of Applicable Withholding Taxes, andfor a dividend or other right for which the Company has issued arecord date is prior to the date the sock certificate (or made an equivalent book-entry notationis issued, except as provided in the records of the Company’s stock transfer agent) for the shares of Company Stock acquired.Plan.