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Form of Exercise
Form of Exercise contract clause examples
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Form of Payment. On the Closing Date (as defined below), # the Buyer shall pay the purchase price for the Note to be issued and sold to it at the Closing (as defined below) (the “Purchase Price”) by wire transfer of immediately available funds to the Company, in accordance with the Company’s written wiring instructions, against delivery of the Note in the principal amount equal to the Purchase Price as is set forth immediately below the Buyer’s name on the signature pages hereto, and # the Company shall deliver such duly executed Note on behalf of the Company, to the Buyer, against delivery of such Purchase Price.

Form of Policies. The minimum limits of policies of insurance required of under this Lease shall in no event limit the liability of under this Lease. Such insurance shall # in the case of the coverage required under Sections 10.3.1 and 10.3.3 above, name , and any other party reasonably specifies, as an additional insured, including ’s managing agent, if any; # cover the liability assumed by under this Lease, including, but not limited to, ’s obligations under Section 10.1 of this Lease; # be issued by an insurance company having a rating of not less than A-VIII in Best’s Insurance Guide or which is otherwise acceptable to and licensed to do business in the State of California; # be primary insurance as to all claims thereunder and provide that any insurance carried by is excess and is non-contributing with any insurance requirement of ; # be in form and content reasonably acceptable to ; and # if commercially available, provide that said insurance shall not be canceled or coverage changed unless thirty (30) days’ prior written notice shall have been given to and any mortgagee of (provided, however, that as of the date of this Lease, acknowledges that a majority of insurers are unwilling to provide the endorsement described in this clause (vi) and agrees that if ’s insurer is similarly unwilling to provide such endorsement, ’s obligation pursuant to the provisions of this clause (vi) shall be to promptly notify upon receipt by of any notice from ’s insurer of any cancellation, failure to renew, reduction of amount of insurance or change

A Participant's Pre-2005 Benefit shall be paid in the form elected by the Participant in accordance with the terms of the First Bancorp Employees' Pension Plan, and his Post-2004 Benefit shall be paid in the form elected by the Participant pursuant to [Section 9.l(b)]. In either case, a benefit payable in any form other than a straight life annuity shall be the Actuarial Equivalent of such benefit payable as a straight life annuity.

Form of Payment. Amounts payable under the Plan shall be payable in cash or, if so specified by the Committee, in awards granted under the applicable incentive stock plan or in any combination thereof. The Committee may impose whatever conditions it deems appropriate with respect to awards granted under the applicable incentive stock plan, including conditioning the vesting of shares on the performance of additional service.

Form of Distribution. The Participant may elect among the following forms of distribution.

Form of Payment. All payments of cash interest and principal shall be in lawful money of the United States of America by a check drawn on the account of the Company and sent via overnight courier service to Holder at such address as previously provided to the Company in writing (which address, in the case of Holder as of the date of issuance hereof, shall initially be the address for Holder as set forth in this Note); provided, however, that Holder may elect to receive a payment of cash via wire transfer of immediately available funds by providing the Company with prior written notice setting out such request and Holder’s wire transfer instructions. All payments shall be applied first to accrued interest, and thereafter to principal.

Distributions of amounts credited to each Participant’s Cash Account shall be made in cash.

Form of Settlement. The Committee may, in its sole discretion, provide that the Shares to be issued upon exercise of an Option shall be in the form of Restricted Stock or other similar securities.

Form of Consideration. The Administrator shall determine the acceptable form of consideration for exercising an Option, including the method of payment. Such consideration may consist entirely of:

Distributions made to a Participant with respect to his or her Cash Deferred Account shall be paid in cash in a single lump sum after the applicable Distribution Event.

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