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Form of Consideration
Form of Consideration contract clause examples

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # check or wire transfer; # promissory note, to the extent permitted by Applicable Laws; # other Shares, provided that such Shares have a fair market value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # net exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer;1">check; # promissory note, to the extent permitted by Applicable 3">Laws;3">Laws, # other Shares, provided that such Shares have a 5">fair market value5">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 7">by net 9">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;9">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer;1">check; # promissory note, to the extent permitted by Applicable 3">Laws;3">Laws, # other Shares, provided that such Shares have a 5">fair market value5">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 7">by net 9">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;9">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer;1">check; # promissory note, to the extent permitted by Applicable 3">Laws;3">Laws, # other Shares, provided that such Shares have a 5">fair market value5">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 7">by net 9">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;9">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer;1">check; # promissory note, to the extent permitted by Applicable 3">Laws;3">Laws, # other Shares, provided that such Shares have a fair market value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 5">by net 7">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;7">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer;1">check; # promissory note, to the extent permitted by Applicable Laws; # other Shares, provided that such Shares have a 3">fair market value3">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 5">by net 7">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;7">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # 1">cash;1">cash (including cash equivalents); # 3">check or wire transfer;3">check; # promissory note, to the extent permitted by Applicable 5">Laws;5">Laws, # other Shares, provided that such Shares have a 7">fair market value7">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided9"> further that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a 11">broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 13">by net 15">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;15">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable 17">Laws;17">Laws, or # any combination of the foregoing methods of payment.19"> In making its determination as to the type of consideration to accept, the Administrator will consider if acceptance of such consideration may be reasonably expected to benefit the Company.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # 1">cash;1">cash (including cash equivalents); # 3">check or wire transfer;3">check; # promissory note, to the extent permitted by Applicable 5">Laws;5">Laws, # other Shares, provided that such Shares have a 7">fair market value7">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided9"> further that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a 11">broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 13">by net 15">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;15">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable 17">Laws;17">Laws, or # any combination of the foregoing methods of payment.19"> In making its determination as to the type of consideration to accept, the Administrator will consider if acceptance of such consideration may be reasonably expected to benefit the Company.

Form of Consideration.The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration 3">for both types of Options may consist entirely of: # cash; # 5">check or wire transfer;5">check; # promissory note, to the extent permitted by Applicable 7">Laws;7">Laws, # other Shares, provided that such Shares have a 9">fair market value9">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 11">by net 13">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;13">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer;1">check; # promissory 3">note, to the extent permitted by Applicable Laws;3">note; # other Shares, provided that such Shares have a 5">fair market value5">Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such 7">Shares7">Shares, in the sole discretion of the Administrator, will not result in any adverse accounting consequences to the 9">Company, as the Administrator determines in its sole discretion;9">Company; # consideration received by the Company under a broker-assisted (or other) cashless exercise program 11">(whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 13">net exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by13">any combination of the 15">Board15">foregoing methods of payment; or17"> a Committee; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable 19">Laws; or # any combination of the foregoing methods of payment.19">Laws.

Form of Consideration. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may consist entirely of: # cash; # 1">check or wire transfer; # promissory note, to the extent permitted by Applicable Laws;1">check; # other Shares, provided that such Shares have a fair market value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; # consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether through a broker or otherwise) implemented by the Company in connection with the Plan; # 3">by net 5">exercise, under which Shares are withheld from otherwise deliverable Shares that has been approved by the Board or a Committee;5">exercise; # such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or # any combination of the foregoing methods of payment.

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