Hi Donncham,
I am guessing you are referring to situations in which there is an options issue in which case the company may ask for a little bit of money for every option you want.
In which case no, you pay for the options before you get them/before they are issued.
You don't pay the exercise price until you want to convert them into shares which is usually not until the expiry date.
short term sp, page-27
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