Amendment to Stock Option Agreement. The first sentence of Section 3 of the Stock Option Agreement is hereby amended to read as follows: "At any Closing Date, the Company will deliver to Parent a certificate or certificates representing the Optioned Shares in the denominations designated by Parent in its Stock Exercise Notice and Parent will purchase the Optioned Shares from the Company at a price per Optioned Share equal to $46.25 (the "Exercise Price"), payable in common stock, par value $.01 per share, of Parent (the "Parent Common Stock"), cash or a combination of Parent Common Stock or cash, in each case at Parent's option, as specified in the Stock Exercise Notice."
Amendment to Stock Option Agreement. The Stock Option Agreement is hereby modified, altered and amended in the following respects and the prior paragraphs shall be void and of no further force or effect. The paragraph numbers set forth below correspond to the paragraph numbers set forth in the Stock Option Agreement:
Amendment to Stock Option Agreement. The Parties further confirm and acknowledge that all references to “November 30, 2021” being the expiration date of the Option granted to Sxxxxxxx in the Option Agreement are hereby amended and replaced for all purposes with a reference to “November 30, 2020”, such date being ten years following the original grant date of the Option, November 30, 2010. The Parties agree the prior November 30, 2021 date was included in the Stock Option in error.
Amendment to Stock Option Agreement. Each of CHI and Praag’s Company hereby agrees that the Stock Option Agreement is hereby amended as follows: Sections 5 & 6 of the Stock Option Agreement, along with Schedule 1, entitled “Vesting Schedule” is hereby deleted in its entirety, and in lieu thereof, Section 6 shall read as follows: The Option to purchase the Option Shares is fully vested and may be exercised over the next two years starting 1 August 2008; provided, however, that Praag’s Company and Employee agree to sell no more than 75,000 purchased Option Shares in any one calendar month; provided, further, that any such sale is not in violation of any securities laws of the United States of America. CHI will update the Employee’s account with E*Trade to reflect the 1 million vested options and activate the account for trading as soon as possible from the date of signing this agreement.
Amendment to Stock Option Agreement. This Amendment to Stock Option Agreement (the “Amendment”), effective as of , 2006, between Imation Corp., a Delaware corporation (the “Company”) and , a non-employee Director of the Company or one of its Affiliates (the “Participant”).
Amendment to Stock Option Agreement. Section 3(i) of the Stock Option Agreement is hereby amended to read as follows:
Amendment to Stock Option Agreement. Dear [ ], You and Eledon Pharmaceuticals, Inc. (“we,” “us,” or the “Company”) have mutually agreed to enter into this letter agreement (the “Agreement”) in order to document an amendment to your outstanding stock option agreement, effective as of the date hereof (the “Effective Date”). You were granted an option to purchase [ ] shares of the common stock of the Company under the Company’s 2020 Long Term Incentive Plan (the “Plan”) on May 1, 2023 (the “Award”) pursuant to a Stock Option Agreement (the “Award Agreement”). Capitalized terms used and not otherwise defined in this Agreement will have the meanings set forth for such terms in the Award Agreement. The Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) has approved an amendment to the Award Agreement, and you hereby agree, to amend the Award Agreement as of the Effective Date as set forth below.
Amendment to Stock Option Agreement. This Agreement amends the Stock Option Agreement dated March 4, 2011 (the “Stock Option Agreement”) between the Corporation and XXXXXXXXX in the following respects:
(a) all of the Options that have not vested on or before the Execution Date shall terminate effective on the Execution Date; (b) notwithstanding any provision in the PediatRx Inc. 2011 Stock Option Plan (the “Plan”) to the contrary, XXXXXXXXX shall have until 5 O’clock p.m., Eastern Time on December 15, 2012 to exercise the 105,000 stock options that remain vested pursuant to the terms of this Agreement, which, if exercised, must be exercised pursuant to the terms of the Stock Option Agreement. All of Xxxxxxxxx’x stock options, to the extent they have not already terminated or expired, shall expire on December 15, 2012.
(c) in the event that Xxxxxxxxx exercises any stock options on or after the Execution Date, they shall be treated for all purposes as if they are Non-Qualified Stock Options (as contemplated in the Plan).
Amendment to Stock Option Agreement. The Stock Option Agreement is hereby amended to provide for a per share "Option Price" (as that term is used in the Stock Option Agreement) for the unexercised portion of the Option as of the date hereof of "$2.22."
Amendment to Stock Option Agreement. The Stock Option Agreement is hereby amended as follows:
A. By deleting the first sentence of Section 1.2(a) thereof and inserting in lieu thereof the following:
(a) The Option may be exercised from time to time by the Company for all, or less than all, of the Shares of the Common Stock subject to this Option at any time during the period beginning with the date of this Agreement and ending on March 1, 2001 (the "Option Period")."
