The subscription price for the option shares payable by Employee to the Company shall be settled in cash such other may be agrced between he Employee and the Company) In exercising the relevant option(s) during the relevant Exercise Period 8.5 Employee shall serve a notice in writing roption Notice) to pecifying the date on which completion of the subscription for the relevant option Shares shall take place (which a day and shall not be ea fifth than the tenth working of the option Notice); and (i) the percentage of option shares to be subscribed by th Employee. 8.6 Completion of the subscription for the relevant option shares pursuant t the exercise of any of the options shall take place am. such other time as the Company and the Employee may agree) on the date specified in the business registered office of the Company when all (but not part of the following shall transacted (a) the Company shall (i) deliver to the Employee a copy of the resolutions ofthe Board, certified as by a Director, approving and authorising the credited as fully paid, of the relevant Shares subscribed by the to the and the registration of the in register of members of the Company as holder of the relevant option Shares subscribed by the Employee and (2) enter the name of the Employee in the register of members of the Company as registered holder of the relevant option Shares subscribed the Employee a share Employee and shall issue and subscribed by the certificate in respect of the relevant option Shares Employee; and (b) the Employee shall pay to the Company the aggregate subscription pricc in respect of the relevant option Shares subscribed by the Employee in the manner as prescribed in Clause 84 and enter into an undertaking letter in favour of the then majority shareholder of the Company that she will undertake to sell all the option Shares subscribed by her under the options to the then majority shareholder of the Company in accordance with Clause 114