Example ContractsClausesOption Price
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Option Price. The Committee, in its sole discretion, shall establish the Option Price at the time each Option is granted. Except in the case of Substitute Awards, the Option Price of an Option may not be less than 100% of the Fair Market Value of the Shares with respect to which the Option is granted on the date of grant of the Award (the “Grant Date”). If an Employee owns or is deemed to own (by reason of the attribution rules applicable under Section 424(d) of the Code) more than 10% of the combined voting power of all classes of stock of the Company or any Subsidiary or parent corporation (within the meaning of Section 424(e) of the Code), and an Incentive Stock Option is granted to such Employee, the Option Price shall be no less than 110% of the Fair Market Value of the Shares on the Grant Date. Notwithstanding the foregoing and except as provided by the provisions of [[Sections 4(B) and 15(C)])]])] hereof, without the prior approval of shareholders of the Company, the Committee shall not have the power to # amend the terms of previously granted Options to reduce, directly or indirectly, the Option Price of such Options, # cancel Options and grant substitute Options, Stock Appreciation Rights or other Awards with a lower Option Price or Base Price than the cancelled Options, # cancel, or have a Participant surrender, an Option in exchange for other Awards if the current Fair Market Value of the Shares underlying the Option is lower than the Option Price of the Option, or # cancel, or have a Participant surrender, an Option for value (in cash or otherwise) if the current Fair Market Value of the Shares underlying the Option is lower than the Option Price of the Option.

Option Price. The Option Price per Share shall be determined by the Committee, but shall not be less than 100% of the Fair Market Value of a Share on the date an Option is granted.

Option Price. The Option Price of an Option under the Plan shall be determined by the Board, and shall be the higher of 100% of the Fair Market Value of a Share on the Grant Date or 100% of the par value of a Share; provided, however, that any Option ("Substitute Option") that is # granted to a Grantee in connection with the acquisition ("Acquisition"), however effected, by the Company of another corporation or entity ("Acquired Entity") or the assets thereof, # associated with an option to purchase shares of stock or other equity interest of the Acquired Entity or an affiliate thereof ("Acquired Entity Option") held by such Grantee immediately prior to such Acquisition, and # intended to preserve for the Grantee the economic value of all or a portion of such Acquired Entity Option, shall be granted such that such option substitution is completed in conformity with the rules set forth in Section 424(a) of the Code.

Option Price. The exercise price of an Option shall be the Fair Market Value of the Stock at the time the Option is granted.

Option Price. The Option Price for each grant of an Option under this Plan shall be as determined by the Compensation Committee and shall be specified in the Award Agreement; provided, however, the Option Price shall not be less than one hundred percent (100%) of the Fair Market Value of a Share on the date the Option is granted.

Payment of Option Price. A condition of the issuance of the Shares as to which an Option shall be exercised shall be the payment of the Option Price. The Option Price of any exercised Option shall be payable to the Company in accordance with one of the following methods:

Payment of Option Price. The purchase price of Common Stock upon exercise of this Option shall be paid in full to the Corporation at the time of the exercise of the Option in cash or by the surrender to the Corporation of shares of previously acquired Common Stock which shall have been held by the Participant for at least six (6) months and which shall be valued at Fair Market Value on the date the Option is exercised, or by a combination of cash and such Common Stock.

Payment of Option Exercise Price. The payment of the Exercise Price of an Option granted under this [Section 2] shall be subject to the following:

Early Call Option Purchase Price. Notwithstanding [Section 7.02] of the LLC Agreement or the date on which the Early Call Option Closing Date shall actually occur, the Call Option Purchase Price (the “Early Call Option Purchase Price”) shall be equal to the amount that # implies an Internal Rate of Return to the Class B Member of seven and three quarters percent (7.75%), measured from the Effective Date to the later of # (the “Scheduled Call Option Closing Date”) and # in the event of an Early Call Option Closing Delay, such later date (if any) upon which the Early Call Option Closing Date shall occur (which amount, in the case of [clause (x)], the Parties acknowledge and agree equals ), plus # if the Early Call Option Closing occurs prior to the Scheduled Call Option Closing Date, the amount of the Swap Breakage Differential (which the Parties acknowledge and agree will be less than if the Early Call Option Closing Date is ). The Class B Member shall use commercially reasonable efforts to obtain from the counterparties to any such swap, cap, forward, future or other derivative transaction entered into in connection with the hedging of interest rates under the Credit Agreement, and shall provide to NEP Member, all information reasonably necessary to calculate the Swap Breakage Differential in connection with any exercise of the Early Call Option in accordance with this Agreement. As used herein, “Swap Breakage Differential” means the excess, if any, of # the sum of all termination payments and/or unpaid amounts required to be paid by the Class B Member under any swap, cap, forward, future or other derivative transaction entered into in connection with the hedging of interest rates under the Credit Agreement (“Swap Breakage Costs”), minus the sum of all termination payments and/or unpaid amounts required to be paid to the Class B Member under any such swap, cap, forward, future or other derivative transaction (“Net Swap Breakage Costs”), in each case, as of the Early Call Option Closing Date, over # the amount of Net Swap Breakage Costs that would have been required to be paid by the Class B Member, if the Early Call Option Closing Date were the Scheduled Call Option Closing Date.

Options Purchase Price” means, as applicable, the First Put Option Purchase Price, the Second Put Option Purchase Price, the Third Option Purchase Price, the Call Option Purchase Price, the Accelerated Put Option Purchase Price or the Annual Accelerated Put Option Purchase Price.

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