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Contract analysis / form-of-stock-option-agreement.docx
form-of-stock-option-agreement.docx
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3. Payment Method:
Standard
⚑ Commercial term
3. Payment Method: The undersigned elects to pay the Aggregate Exercise Price by the following method(s) (check one or more, as applicable): Cash or cash equivalent (check, wire transfer, or other cash equivalent enclosed or transmitted herewith) Delivery of previously owned shares of Common Stock having an aggregate Fair Market Value equal to the Aggregate Exercise Price (number of shares delivered: __) Broker-assis
4. Tax Withholding Election:
Standard
⚑ Commercial term
4. Tax Withholding Election: The undersigned elects to satisfy applicable tax withholding obligations by the following method(s) (check one or more, as applicable): Cash payment enclosed or transmitted herewith in the amount of $____ Withholding from salary or other compensation Withholding of shares otherwise issuable upon exercise (net share settlement) Other (please specify): __________
5. Securities Law Representations:
5. Securities Law Representations: The undersigned hereby represents and warrants to the Company as follows: (a) The shares of Common Stock being acquired pursuant to this exercise are being acquired for the undersigned's own account, for investment purposes only, and not with a view to the distribution or resale thereof, unless a registration statement covering such shares is effective under the Securities Act of 19
6. Delivery Instructions:
6. Delivery Instructions: The undersigned hereby instructs the Company to cause the shares of Common Stock issuable upon exercise to be delivered as follows: Book-entry credit through Continental Shareowner Services, Inc. to the undersigned's account (Account Number: ____) Deposit into the undersigned's brokerage account at: __________ (Broker Name, Account Number, and DTC Participant Number)
7. Acknowledgment:
Standard
⚑ Commercial term
7. Acknowledgment: The undersigned acknowledges and agrees that this Exercise Notice is irrevocable and that the exercise of the Option is subject to all of the terms and conditions set forth in the Agreement and the Plan. The undersigned further acknowledges that the Company is authorized to withhold applicable taxes in accordance with Section 9 of the Agreement. PARTICIPANT: Signature: ________ Printed Name: ______