Cashless exercise wording
Published by a LexisNexis Share Incentives expert
Last updated on 27/02/2020

The following Share Incentives precedent provides comprehensive and up to date legal information covering:

  • Cashless exercise wording

Cashless exercise wording

Additional definitions

Option Holders

  1. [insert list of Option Holders who are exercising their Options or refer to relevant schedule of Option Holders];


  1. the respective rights to acquire Option Shares granted to each Option Holder which have been exercised as at the date of this Agreement;

Option Shares

  1. the [insert aggregate number of shares under option which will be exercised as part of the transaction] [insert class of share] shares of £[insert nominal

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