Certain Options. For a period of 90 days following the First Closing Date, the Company shall not, without your prior written consent, grant any options, warrants or other rights to purchase shares of Common Stock at a price less than the initial public Offering price of the Shares.
Certain Options. Markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation you may subsequently be called upon to pay margin on the option up to the level of your premium. If you fail to do so as requi red, your position may be closed or liquidated in the same way as a futures position.
Certain Options. Effective as of the Effective Time and subject to any required shareholder approval necessary to effectuate the following grants, Parent shall grant options to acquire an aggregate of 500,000 shares of common stock of Parent ("Parent Options") to certain employees of the Company, in accordance with Schedule 5.11 hereto (which Schedule may be amended from time to time by executives of the Company prior to the Effective Time, provided (i) such amendment shall have received the consent of Parent and (ii) no amendment shall provide for the grant of shares of common stock of Parent in excess of 500,000 shares). Except as set forth in Schedule 5.11, the Parent Options shall be subject to the terms and conditions set forth in the applicable option plan of Parent (as the same may be amended) and the applicable option agreement.
Certain Options. All options to purchase Company Common Stock issued to the Executive pursuant to Section 1.7 of the Merger Agreement in respect of GlobespanVirata Stock Options (as defined in the Merger Agreement) held by the Executive at the Effective Time that were issued under the Specified GlobespanVirata Option Plans will provide that if the Executive is involuntarily terminated (as defined in the applicable Specified GlobespanVirata Option Plan as in effect on the date hereof) within 24 months after the Effective Time, then such options to purchase Company Common Stock shall automatically accelerate and become fully exercisable upon such termination for a period of 12 months following such involuntary termination. For purposes of this Section 8(e), Specified GlobespanVirata Option Plans means the GlobespanVirata 1999 Equity Incentive Plan and the GlobespanVirata 1999 Supplemental Stock Option Plan.
Certain Options. For a period of 90 days following the First Closing Date, the Company shall not, without your prior written consent, grant any options, warrants or other rights to purchase Class A Shares at a price less than the initial public Offering price of the Class A Shares comprising the Units.
Certain Options. HSNS agrees that with regard to options on Common Stock obtained through conversion of certain options on Summus stock held by Chrix Xxxxxxxx (0,500 Summus options), Stuaxx Xxxxxxx (00,000 Summus options), and Kennxxx Xxxxx (0,000 Summus options), when the Company becomes current on its reports required under the Securities Exchange Act of 1934, and provided in each case that the person in question is eligible to use such form, the Company shall file an Form S-8 with regard to such options.
Certain Options. 45 Section 5.12
Certain Options. 48 5.13 Amendment of or Waiver under ProTrader Constituent Documents.......... 48 ARTICLE VI CONDITIONS PRECEDENT
Certain Options. McEntire agrees not to exercise any options held by him to purchase xxx xxxxership interests in ProTrader LLC or partnership interests in ProTrader LP.
Certain Options. The options held by Directors of the Company shall have been exercised or canceled.
