Accelerated Exercise. Notwithstanding the above, this Option -------------------- shall become exercisable before the normal exercise dates set forth in paragraph 1 above upon the occurrence of any of the events set forth below while Optionee is employed by the Company. This Option shall become exercisable in full on the date of such event and shall remain exercisable for the periods set forth below or until May 19, 2007, whichever occurs first. Thereafter, the unexercised portion of this Option is forfeited and may not be exercised.
Accelerated Exercise. Notwithstanding the above, this SAR shall become exercisable before the normal exercise dates set forth in paragraph 2 above upon the occurrence of any of the events set forth below while SAR Holder is employed by the Company (hereinafter referred to as an “Accelerating Event”). This SAR shall become exercisable in full on the date of such Accelerating Event, as set forth below, and shall remain exercisable for the periods also set forth below or until February 14, 2022, whichever occurs first. Thereafter, the unexercised portion of this SAR is forfeited and may not be exercised. An Accelerating Event may be any of the following:
Accelerated Exercise. In the event of an Extraordinary Event (as defined in the Plan) involving the Company, then regardless of whether any option granted pursuant to the Plan has vested or become fully exercisable, all Option Shares granted hereunder shall immediately vest and become fully exercisable for the full number of Shares subject to any such option on and at all times after the “Event Date” (as defined in the Plan) of the Extraordinary Event, in accordance with the terms and conditions described in the Plan.
Accelerated Exercise. The Optionee may, at its sole option, accelerate the exercise of the Option at any time prior to the expiry of five years from the Option Due Date by completing the applicable Option exercise requirements set out in Section 2.01.
Accelerated Exercise. Black Shield may, at its sole option, accelerate the exercise of the Option at any time prior to the Option Expiry Date by completing all applicable Cash Payments and Expenditures.
Accelerated Exercise. In the event of the occurrence of all of the following circumstances ("Accelerating Events"), the date upon which any outstanding and unexercised Stock Options hereunder may vest and be exercised shall be accelerated to such date upon which the last of the Accelerating Events occurs:
Accelerated Exercise. Further, if the Change in Control is the result of the purchase of voting securities of the Company representing more than 50% of the then outstanding combined voting power of the Company's securities, the price conditions on exercise set out in Sections 5(b) and 5(c) will be deemed to have been satisfied if the price at which such securities were purchased (or if more than one purchase occurred, the most recent such price) is equal to or greater than the price condition established by Section 5(b), 5(c) or both, as applicable.
Accelerated Exercise. Notwithstanding any other provisions of the Plan, all unexercised Options and non-vested Restricted Stock awards may be exercised or disposed of commencing on the date of a Change of Control, as defined in SECTION 15 hereof; provided, however, that the Company may cancel all such Options and Restricted Stock under the Plan as of the date of a Change of Control by giving notice to each Optionee or Grantee thereof, as the case may be, of its intention to do so and by permitting the purchase during the thirty-day period next preceding such effective date of all of the Shares subject to such outstanding Options or by payment for outstanding Restricted Stock during such thirty-day period.
Accelerated Exercise. If, prior to the Final Vesting Date, the closing price of a share of Common Stock on the NASDAQ (or such other exchange on which the Common Stock is then listed) equals or exceeds the Maximum Share Value per share on any 10 trading days in any trailing 60 trading day period, each outstanding SAR (whether or not then vested under Section 7) shall be automatically exercised (subject to Section 4(b) to the extent applicable) as of the end of such 10th trading day without further action or notice by the Company or the Participant (a “Share Price Accelerated Exercise”).
Accelerated Exercise. 9.1 With respect to each Formula Entity which is not a publicly-traded company, in the event that within six (6) months of the closing of the purchase of the Option Securities, Shamrock is able to make a valid claim of breach of warranty contained in the private placement agreement governing the purchase of such Option Securities from such Formula entity (the "PPA"), Shamrock shall have the right to either:
