Additional Consideration. Borrower shall grant Lender options to purchase 62,500 shares of registered common stock of the Borrower, at a price of $.80 per common share, such options being available for a period of twenty-four months, commencing with the date of this note.
Appears in 3 contracts
Samples: Agreement (Applied Data Communications Inc), Applied Data Communications Inc, Applied Data Communications Inc
Additional Consideration. Borrower shall grant Lender options to purchase 62,500 375,000 shares of registered common stock of the Borrower, at a price of $.80 per common share, such options being available for a period of twenty-four months, commencing with the date of this note. Options may not be exercised prior to January 1, 2002.
Appears in 2 contracts
Samples: Agreement (Applied Data Communications Inc), Applied Data Communications Inc
Additional Consideration. Borrower shall grant Lender options to purchase 62,500 125,000 shares of registered common stock of the Borrower, at a price of $.80 per common share, such options being available for a period of twenty-four months, commencing with the date of this note.
Appears in 1 contract
Samples: Applied Data Communications Inc
Additional Consideration. Borrower shall grant Lender options to purchase 62,500 375,000 shares of registered common stock of the Borrower, at a price of of' $.80 per common share, such options being available for a period of twenty-four months, commencing with the date of this note. Options may not be exercised prior to January 1, 2002.
Appears in 1 contract
Samples: Applied Data Communications Inc
Additional Consideration. Borrower shall grant Lender options to purchase 62,500 250,000 shares of registered common stock of the Borrower, at a price of $.80 per common share, such options being available for a period of twenty-four monthsmonth period, commencing with the date of this noteDecember 1, 2000 until December 1, 2002.
Appears in 1 contract
Samples: Applied Data Communications Inc
Additional Consideration. Borrower shall grant Lender options to purchase 62,500 250,000 shares of registered common stock of the Borrower, at a price of $.80 per common share, such options being available for a period of twenty-four monthsmonth period, commencing with the date of this noteJanuary 22, 2001 until January 22, 2003.
Appears in 1 contract
Samples: Applied Data Communications Inc
Additional Consideration. Borrower shall grant Lender options to purchase 62,500 375,000 shares of registered common stock of the Borrower, at a price of $$ .80 per common share, such options being available for a period of twenty-four months, commencing with the date of this note. Options may not be exercised prior to January 1, 2002.
Appears in 1 contract
