AND EXERCISE PRICE Sample Clauses

AND EXERCISE PRICE. The Option shall vest, thereby giving -------------------------- Optionee the right to purchase shares at the following prices, in the following numbers, upon the occurrence of the following events: Event No. of Shares Exercise Price ----- ------------- -------------- (a) Execution of this Agreement. 21,000 $10.13 (b) Upon confirmation of a 30% 17,500 $10.13 increase, to 10,400 shares in average daily trading volume, of the Company's stock over any 10 consecutive trading day period, over a stipulated baseline of 8,000 shares. (c) Confirmation of corporate 10,500 $16.25 research coverage from two(2) buy or sell side analysts or an endorsement by an appropriate investment newsletter publication with a subscriber base in excess of 3,000, vesting of one-half of this portion of the Option (the right to purchase 5,250 Shares) to occur upon the first research or recommendation event, and vesting of the other one-half of this portion of the Option (the right to purchase 5,250 additional Shares) to occur upon the second research or recommendation event. (d) Confirmation of maintenance of at 14,000 [closing price least a 12.5 P/E ratio for a period on the NYSE on of at least 45 consecutive calendar the last days. trading day within the 45 consecutive calendar days] (e) Confirmation of two (2) positive 3,500 $10.13 financial (non-trade oriented) (1st media event) media events, such as articles in newspapers or financial magazines of recognized standings such as Xxxxxx'x, Wall Street Journal, Fortune, Forbes, Business Week Magazine, Individual Investor Magazine, Investor's Business Daily or such other source as may be mutually 3,500 $16.25 agreed upon, in the financial and (2nd media event) investment community or television or radio media coverage on well recognized financial, investment or business programs, vesting of the first one-half of this portion of the Option (the right to purchase 3,500 Shares) to occur upon the first media event and vesting of the second one-half of this portion of the Option (the right to purchase 3,500 additional Shares) to occur upon the second media event.
Sample 1
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AND EXERCISE PRICE. (a) The right to exercise this Warrant shall fully vest on the Commencement Date. (b) The exercise or purchase price for the first 34,538,153 Shares purchased upon exercise of this Warrant shall be $0.003125 per Share, and the exercise or purchase price for the remainder of the Shares shall be $0.078 per Share if exercised between January 27, 2007 and July 26, 2007, $0.11 per Share if exercised between July 27, 2007 and January 26, 2008, and $0.15 thereafter, all subject to adjustment as provided in Section 2 (the "EXERCISE PRICE").
Sample 1

Related to AND EXERCISE PRICE

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Adjustment of Number of Warrant Shares and Exercise Price The number and kind of Warrant Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Preferred Stock set forth in Item 7 of Schedule A hereto (the “Shares”), at a purchase price per share of Preferred Stock equal to the Exercise Price.

  • Exercise Price The exercise price per share of Common Stock under this Warrant shall be $_____, subject to adjustment hereunder (the “Exercise Price”).

  • Adjustment to Exercise Price Whenever the Exercise Price is adjusted pursuant to any provision of this Section 3, the Company shall promptly deliver to the Holder by facsimile or email a notice setting forth the Exercise Price after such adjustment and any resulting adjustment to the number of Warrant Shares and setting forth a brief statement of the facts requiring such adjustment.

  • Warrant Exercise Price 1.1 Each Warrant shall entitle the Warrant Holder the right to purchase one share of Common Stock of the Company (individually, a "Warrant Share" severally, the "Warrant Shares"). 1.2 The purchase price payable upon exercise of each Warrant ("Exercise Price") shall be $.

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following: (i) If and whenever the shares at any time outstanding are subdivided into a greater or consolidated into a lesser number of shares the Exercise Price will be decreased or increased proportionately as the case may be; upon any such subdivision or consolidation the number of shares deliverable upon the exercise of the Warrants will be increased or decreased proportionately as the case may be. (ii) In case of any capital reorganization or of any reclassification of the capital of the Company or in the case of the consolidation, merger or amalgamation of the Company with or into any other Company (hereinafter collectively referred to as a “Reorganization”), each Warrant will after such Reorganization confer the right to purchase the number of shares or other securities of the Company (or of the Company’s resulting from such Reorganization) which the Warrant Holder would have been entitled to upon Reorganization if the Warrant Holder had been a shareholder at the time of such Reorganization. In any such case, if necessary, appropriate adjustments will be made in the application of the provisions of this Article Four relating to the rights and interest thereafter of the Holders of the Warrants so that the provisions of this Article Four will be made applicable as nearly as reasonably possible to any shares or other securities deliverable after the Reorganization on the exercise of the Warrants. The subdivision or consolidation of shares at any time outstanding into a greater or lesser number of shares (whether with or without par value) will not be deemed to be a Reorganization for the purposes of this clause 4.8(a)(ii). (b) The adjustments provided for in this Section 4.8 are cumulative and will become effective immediately after the record date or, if no record date is fixed, the effective date of the event which results in such adjustments.

  • Option Exercise Price The per share price to be paid by Optionee in the event of an exercise of the Option will be $ .

  • Form of Exercise Price The Holder intends that payment of the Exercise Price shall be made as (check one): ☐ a cash exercise with respect to _________________ Warrant Shares; or ☐ by cashless exercise pursuant to the Warrant.

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