Exercise Conditions. During the Exercise Period, where Party A deems it necessary and the laws of the P.R.C. at that time permits to purchase the equities or assets of Party C, Party A may immediately exercise the Equity Purchase Option or the Assets Purchase Option, and purchase the Object Equities or Object Assets. Party A shall have the right to choose to exercise either the Equity Purchase Option or the Assets Purchase Option; and the exercise of the Equity Purchase Option will not affect the exercise of the Assets Purchase Option and vice versa.
Exercise Conditions. Vested Options may be excised at any time during the Exercise Period, subject to the terms and conditions of this Award Agreement and the Plan. Notwithstanding the foregoing, the Participant’s ability to exercise any or all Vested Options on or after the Participant’s Termination of Service or Substantial Reduction of Service shall be contingent upon the Participant’s execution, compliance and non-revocation of a Separation and Release Agreement approved by the Company whereby the Participant releases the Company from any and all liability and claims of any kind.
Exercise Conditions. The Company's exercise of the Put Option is subject to the following conditions:
Exercise Conditions. The exercise of this Warrant is subject to the satisfaction of at least one of the following conditions:
Exercise Conditions. A Stock Option expires and ceases to be exercisable on the 90th day after you cease to be an employee of the Company, except as otherwise provided in this Agreement. If your employment with the Company is terminated (voluntarily or involuntarily), you may exercise your Stock Option, to the extent it was exercisable on the date of termination, within 90 calendar days following the date of termination. If you die or cease to be an employee of the Company because of a Disability at a time when you are entitled to exercise a Stock Option, the Stock Option will continue to be exercisable, to the extent it was exercisable on the date of your death or Disability, for one year after your death or Disability by you or your guardian (in the case of Disability) or your heir or personal representative (in the case of death). Notwithstanding the foregoing, the Stock Option is never exercisable after the Expiration Date stated in the heading of this Agreement. The Stock Option will be exercisable after your death, Disability, or termination of employment only to the extent that it was exercisable on the date when you ceased to be an employee of the Company. The Board of Directors shall decide to what extent bona fide leaves of absence for illness, temporary disability, military or governmental service, or other reasons will constitute an interruption of continuous employment that results in your ceasing to be an employee of the Company. The award of the Stock Option to you does not create or extend any right for you to continue to serve as an officer or employee of the Company, to participate in any other stock option or employee benefit plan of the Company, or to receive the same benefits as any other employee; nor does it restrict in any way the right of the Company to terminate at any time your employment with it either at will or as provided in any written employment agreement between you and the Company.
Exercise Conditions. The exercising of the options assigned to the Officer participating in the plan will in any event be subject to the joint fulfilment of the following conditions:
Exercise Conditions. Warrants shall only be exercisable and may only be exercised to the extent permitted by and in accordance with applicable law and only if, with respect to any Warrant on any date on which such Warrant is to be exercised by the Holder thereof, (1) (a) the Company shall have a registration statement in effect 1 [Warrant Price to equal the per share price at which Knology actually issues common stock in any public offering or private placement the proceeds of which are used to fund the acquisition of the Verizon Business.] under the Securities Act covering the issuance and sale of the Warrant Stock to be issued upon exercise of such Warrant (a “Warrant Exercise Registration Statement”), Knology shall not have suspended the use of such registration statement at the time of such exercise, and a then-current prospectus relating to the Warrant Stock shall be delivered to such exercising Holder, or (b) the sale of the Warrant Stock to be issued upon exercise of such Warrant shall be exempt from the registration requirements of the Securities Act, and (ii) such Warrant Stock shall have been registered or qualified or shall be deemed to be exempt from the registration or qualification requirements of, the securities laws of the state of residence of the exercising Holder. By delivering a Notice of Exercise, a Holder represents and warrants to the Company that its acquisition of Warrant Stock shall not result in a violation of applicable law by the Company or the Holder. Without limiting the foregoing, if, at the time of exercise of a Warrant, there is not in effect a Warrant Exercise Registration Statement, the Holder shall be deemed, by means of exercise of the Warrant, to represent to the Company that any Warrant Stock to be acquired by such Holder upon exercise of the Warrant will be acquired for its own account, for investment purposes, and not with a view to, or for sale in connection with, any distribution thereof in violation of the Securities Act or any other securities laws that may be applicable and that such Holder (w) is an “accredited investor” within the meaning of Regulation D under the Securities Act, (x) has had access to such information regarding the business and finances of the Company and such other matters with respect to the Company that a reasonable person would consider in evaluating the transactions contemplated hereby, (y) has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits...
Exercise Conditions. The exercise of this Stock Option is subject to:
Exercise Conditions. The several obligations of LTTH and Messrs Xxxxx, Xxxxx and XxXxxxx to take the actions set forth under Section 2 shall in each case be subject to the satisfaction of the following conditions on the Expiration Date:
Exercise Conditions. The Stock Option expires and ceases to be ------------------- exercisable one (1) month after the date on which you cease to be a director of the Company, other than by reason of your death or resignation from the Board of Directors with the consent of the Company, but only if and to the extent the Stock Option was exercisable immediately prior to such date, and subject to the provisions of this section 4. If you are removed as a director of the Company for cause (as defined in the Company's Articles of Incorporation, as amended from time to time), all of the Stock Options shall terminate immediately on the date of your removal. If you: (i) die while a director of the Company or within the period when the Stock Option could have otherwise been exercised; or (ii) cease to be a director of the Company as a result of your resignation from the Board, provided that the Company has consented in writing to your resignation, then, in each such case, you, or your duly authorized representatives, shall have the right, at any time within one (1) year after your death or after your resignation, as the case may be, and prior to the termination of the Stock Option pursuant to section 2, to exercise the Stock Option to the extent the Stock Option was exercisable by you immediately prior to your death or resignation.
