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EXERCISE OF OPTION FOR WAIT LISTED CANDIDATES OF ASM, CAT.7 OF CEN NO.03/2012 Sub: Consideration of candidature for East Central Railway and Northeast Frontier Railway. Candidates who were called
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To fill out an exercise of option, follow these steps:

01
Start by carefully reading the exercise of option form. Make sure you understand all the terms and requirements mentioned in the document.
02
Fill in your personal details accurately. This typically includes your name, address, contact information, and any other requested information.
03
Specify the exercise date. This is the date on which you want the option to be exercised. It's important to choose a valid exercise date within the timeframe specified in the form.
04
Provide the necessary details about the option. This may include the type of option, the specific securities or assets involved, and any additional information required by the exercise of option form.
05
Sign and date the form. Ensure that your signature is clear and matches the one on record. The date should be the day you are filling out the form.

Who needs exercise of option for?

01
Individuals holding stock options: Employees of a company who receive stock options as part of their compensation package often need to fill out an exercise of option form to exercise their right to purchase company shares at a predetermined price.
02
Investors with various financial instruments: Exercise of option forms may be required by traders or investors who hold options on stocks, commodities, or other financial instruments. This allows them to exercise their right to buy or sell these underlying assets, depending on the terms of the option contract.
03
Anyone involved in real estate transactions: Exercise of option forms are commonly used in real estate deals, where an option agreement grants the option holder the right to purchase a property at a specified price before a certain date. The form is filled out when the option holder decides to exercise their right and proceed with the purchase.
In summary, anyone who has been granted an option and wishes to exercise their right to buy or sell the underlying asset will need to fill out an exercise of option form, providing the required information as outlined above.
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Exercise of option is for the purpose of choosing to purchase or sell an asset at a specified price and time.
Individuals or entities who hold an option contract and wish to exercise their rights under the contract.
Exercise of option forms can typically be filled out online or through a broker or financial institution.
The purpose of exercise of option is to determine whether the holder of the option wants to buy or sell the underlying asset.
Information such as the asset being traded, strike price, expiration date, and quantity must be reported on exercise of option forms.
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