Exercisability of Warrant. Subject to the terms and conditions set forth herein, this Warrant is immediately exercisable. The Company shall not, prior to the Expiration Date, take any action which would have the effect of preventing or disabling the Company from delivering the Warrant Shares to the Warrantholder upon exercise of this Warrant or otherwise performing the Company's obligations under this Warrant.
Exercisability of Warrant. (a) The number of shares of Common Stock issuable pursuant to this Warrant are fully vested.
Exercisability of Warrant. This Warrant shall become immediately exercisable.
Exercisability of Warrant. Subject to the terms and conditions set forth herein, this Warrant shall be exercisable during the term commencing on the date hereof and ending at 5:00 p.m., Pacific Standard Time, on , 2113 (the “Warrant Expiration Date”). At any time prior to the Warrant Expiration Date, this Warrant may be exercised in whole or in part, cumulatively as to that percentage of the Warrant Shares equal to the quotient obtained by dividing the largest unpaid principal balance outstanding under the Note on any date subsequent to the date set forth on page 8 below by $30,000,000; provided, however, that this Warrant shall become exercisable as to all of the remaining Warrant Shares (a) if prior to the first business day in March, 2005, the Company has not requested to borrow monies from Holder under the Note such that if Holder had acceded to such requests the largest unpaid principal balance under the Note from the date of the Note through the first business day in March, 2005, would be $30,000,000 or (b) if, prior to the first business day in March, 2005, either the Company conducts an initial public offering of its stock registered with the SEC or all or substantially all of the assets of the Company or more than eighty percent (80%) of the outstanding stock of the Company is sold, including via merger, to a person or entity other than Cypress or an affiliate of Cypress as the term affiliate is defined in SEC Rule 405.
Exercisability of Warrant. This Warrant is not immediately exercisable, and will become exercisable with respect to that number of shares of Warrant Stock as follows:
Exercisability of Warrant. This Warrant shall become exercisable only if the Market Price (as defined below) per share of Common Stock, par value $0.01 per share, of the Company is at least $30.00 on at least twenty (20) out of thirty (30) consecutive days during which the national securities exchanges are open for trading.
Exercisability of Warrant. (a) So long as the Employee Warrant Purchaser continues to be employed by the Company or any of its subsidiaries, this Warrant shall become exercisable pursuant to the following schedule: (1) one-quarter (1/4) of the shares subject to the Warrant shall vest on the first (1st) anniversary of the Vesting Commencement Date; and (2) three-quarters (3/4) of the shares subject to the Warrant shall vest in 36 equal installments (rounded down to the nearest whole share except for the last installment on which the remaining unvested portion shall vest) on each one-month (1-month) anniversary thereafter over the subsequent 36-month period (each anniversary, a “Vesting Date”). If the Employee Warrant Purchaser ceases to be an employee or service provider prior to the vesting of all or any portion of this Warrant, then the unvested portion of this Warrant shall terminate and not be exercisable and the vested portion of the Warrant, if any, shall remain exercisable until the earlier of (i) three (3) months following the Employee Warrant Purchaser’s termination and (ii) the Expiration Date (as defined below).
Exercisability of Warrant. (a) The number of shares of Common Stock issuable pursuant to this Warrant shall vest as follows:
Exercisability of Warrant. (a) This Warrant shall vest in full upon its issuance. The Warrant is exercisable, in whole or in part, at any time from the Grant Date as follows: (i) 5,000,000 Shares shall become exercisable on January 1, 2005; (ii) 5,000,000 Shares shall become exercisable on January 1, 2006; (iii) 5,000,000 Shares shall become exercisable on January 1, 2007; (iv) 10,000,000 Shares shall become exercisable on January 1, 2008; (v) 10,000,000 Shares shall become exercisable on January 1, 2009; (vi) 65,000,000 Shares shall become exercisable on January 1, 2010;
Exercisability of Warrant. (a) This Warrant shall vest in full upon its issuance. The Warrant is exercisable, in whole or in part, at any time from the Grant Date until the Expiration Date as follows: (i) 29,412 Shares shall become exercisable on the date (each, a "Determination Date") which is August 17, 2001, so long as, as of such Determination Date, there is no existing reasonable claim made in good faith and in writing by the Company to the Warrantholder ("Notice") that the Warrantholder has materially failed to provide the Strategic Advice in accordance with the terms and conditions of the Strategic Relationship Agreement (a "Dispute"); (ii) 29,412 Shares become exercisable on November 17, 2001, so long as, as of such Determination Date, there is no Dispute; (iii) 29,412 Shares become exercisable on February 17, 2002, so long as, as of such Determination Date, there is no Dispute; and (iv) 29,411 Shares become exercisable on May 17, 2002, so long as, as of such Determination Date, there is no Dispute.
