Acceptance – Specific Performance Clause Samples
Acceptance – Specific Performance. If the Beneficiary wishes to enter into this Stock Options Acceleration Agreement, he/she shall comply with the acceptance process on the website ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/ by the last day of the Initial Offering Period (the “Acceptance Process”). Should the Beneficiary not enter into this Stock Options Acceleration Agreement in the manner and by the date referred to above, the Beneficiary shall be deemed to have finally and irrevocably waived and forfeited his/her right to enter into this Stock Options Acceleration Agreement. The Beneficiary is the only person who may decide to enter (or not) into this Stock Options Acceleration Agreement. In this respect, the Beneficiary is invited to consult his/her own specialized counsel if he/she wishes to obtain further information as to his/her rights and obligations hereunder. If the Beneficiary complies with the Acceptance Process, the Beneficiary (i) irrevocably undertakes to accept the Acceleration of the Accelerated Stock Options, the exercise of the Eligible Stock Options and the sale at the Sale Price of the Option Underlying Shares, and (ii) irrevocably accepts to be bound by the Underwater Stock Option Liquidity Agreement, without any further formality. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach. This Agreement is made in electronic form according to the provisions of article 1325 of the French Civil code. Represented by: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Represented by: Represented by:
Acceptance – Specific Performance. If the Beneficiary wishes to enter into this Performance Shares Acceleration Agreement, he/she shall comply with the acceptance process on the website ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/ by the last day of the Initial Offering Period (the “Acceptance Process”). Should the Beneficiary not enter into this Performance Shares Acceleration Agreement in the manner and by the date referred to above, the Beneficiary shall be deemed to have finally and irrevocably waived and forfeited his/her right to enter into this Performance Shares Acceleration Agreement. The Beneficiary is the only person who may decide to enter (or not) into this Performance Shares Acceleration Agreement. In this respect, the Beneficiary is invited to consult his/her own specialized counsel if he/she wishes to obtain further information as to his/her rights and obligations hereunder. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach. This Agreement is made in electronic form according to the provisions of article 1325 of the French Civil code. Represented by: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Acceptance – Specific Performance. If the Beneficiary complies with the Acceptance Process of the Stock Options Acceleration Agreement, the Beneficiary irrevocably undertakes vis-a-vis Nokia to transfer to Nokia (and accept that the required instructions will be given to the Administrator) his/her Company Shares resulting from the exercise of his/her Stock Options during the Exercise Period and Nokia irrevocably undertakes vis-a-vis the Beneficiary to acquire such Company Shares in the conditions described in this Lock-Up Stock Options Liquidity Agreement. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach.
Acceptance – Specific Performance. If the Beneficiary complies with the Acceptance Process of the Stock Options Acceleration Agreement, the Beneficiary irrevocably undertakes vis-a-vis Nokia to transfer to Nokia (and accepts that the required instructions will be given to the Administrator) his/her Company Shares resulting from the exercise of his/her Stock Options which are in the scope of Article 3 of this Underwater Stock Options Liquidity Agreement and provided that the exercised occurred after the Reduced Liquidity Notification and Nokia irrevocably undertakes vis-a-vis the Beneficiary to acquire such Company Shares in the conditions described in this Underwater Stock Options Liquidity Agreement. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach.