Procedure for Exercise; Rights as a Shareholder. Any Option granted hereunder shall be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Option Agreement. An Option may not be exercised for a fraction of a Share. An Option shall be deemed exercised when the receives:
Procedure for Exercise; Rights as a Shareholder.Stockholder. Any Option granted hereunder shall be exercisable according to the terms of the Plan andhereof at such times and under such conditions as determined by the Administrator and set forth in the Option Agreement. An Option may not be exercised for a fraction of a Share. An Option shall be deemed exercised when the receives:
Procedure for Exercise; Rights as a Shareholder.Stockholder. Any Option granted hereunder shallwill be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the OptionAward Agreement. An Option may not be exercised for a fraction of a Share. An Option shall be deemed exercised when the receives:
Procedure for Exercise; Rights as a Shareholder.Stockholder. Any Option granted hereunderunder this Plan shall be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the OptionAward Agreement. An Option may not be exercised for a fraction of a Share. An Option shall be deemed exercised when the Company receives: # written or electronic notice of exercise (in accordance with the Award Agreement) from the Person entitled to exercise the Option, and # full payment for the Shares with respect to which the Option is exercised (including provision for any applicable tax withholding). Full payment may consist of any 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 shall be issued in the name of the Participant or, if requested by the Participant, in the name of the Participant and his 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 shall exist with respect to the Awarded Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such Shares promptly after the Option is exercised. No adjustment shall 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 16] of the Plan or the applicable Award Agreement. Exercising an Option in any manner shall decrease the number of Shares thereafter available for sale under the Option by the number of Shares as to which the Option is exercised.
Procedure for Exercise; Rights as a Shareholder.Stockholder. Any Option granted hereunder shall be exercisable accordingat such times and subject to such conditions as may be determined by the Board, including performance criteria with respect to the Company and/or the Optionee, as shall be permissible under the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Option Agreement. An Option may not be exercised for a fraction of a Share. An Option shall be deemed exercised when the receives:Plan.
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