After a Public Offering. At all times after the Company sells any of its shares in a public offering pursuant to a registration statement filed under the Securities Act, the references to 50% in subsections (a)(1)(C), (a)(3) and (a)(4) of this section 9 shall be changed to 65%.
Appears in 3 contracts
Samples: Non Statutory Stock Option Agreement (Capella Education Co), Non Statutory Stock Option Agreement (Capella Education Co), Incentive Stock Option Agreement (Capella Education Co)
After a Public Offering. At all times after the Company sells any of its shares in a public offering pursuant to a registration statement filed under the Securities Act, the references to 50% in subsections (a)(1)(C), (a)(3) and (a)(4) of this section Section 9 shall be changed to 65%.
Appears in 3 contracts
Samples: Non Statutory Stock Option Agreement (Capella Education Co), Non Statutory Stock Option Agreement (Capella Education Co), Incentive Stock Option Agreement (Capella Education Co)
After a Public Offering. At all times after the Company sells any of its shares in a public offering pursuant to a registration statement filed under the Securities Act, the references to 5060% in subsections subparagraphs (a)(1)(C), (a)(3) and (a)(4) of this section 9 above shall be changed to 65%.
Appears in 1 contract
Samples: Employee Incentive Stock Option Agreement (Capella Education Co)
