Exercise Right. Your Award is to purchase, on the terms and conditions set forth below, the following number of shares (the “Option Shares”) of the Company’s common stock, par value $.01 per share (the “Common Stock”) at the exercise price specified below (the “Exercise Price”).
Exercise Right. The Corporation (or its assignees) shall, for a -------------- period of thirty (30) days following receipt of the Disposition Notice, have the right to repurchase any or all of the Target Shares specified in the Disposition Notice upon substantially the same terms and conditions specified therein. Such right shall be exercisable by written notice (the "Exercise Notice") delivered to Owner prior to the expiration of the thirty (30) day exercise period. If such right is exercised with respect to all the Target Shares specified in the Disposition Notice, then the Corporation (or its assignees) shall effect the repurchase of the Target Shares, including payment of the purchase price, not more than ten (10) business days after delivery of the Exercise Notice; and at such time Owner shall deliver to the Corporation the certificates representing the Target Shares to be repurchased, each certificate to be properly endorsed for transfer. To the extent any of the Target Shares are at the time held in escrow under Article VII hereof, the certificates for such shares shall automatically be released from escrow and surrendered to the Corporation for cancellation. The Target Shares so purchased shall thereupon be cancelled and cease to be issued and outstanding shares of the Corporation's Common Stock. Should the purchase price specified in the Disposition Notice be payable in property other than cash or evidences of indebtedness, the Corporation (or its assignees) shall have the right to pay the purchase price in the form of cash equal in amount to the value of such property. If the Owner and the Corporation (or its assignees) cannot agree on such cash value within ten (10) days after the Corporation's receipt of the Disposition Notice, the valuation shall be made by an appraiser of recognized standing selected by the Owner and the Corporation (or its assignees), or, if they cannot agree on an appraiser within twenty (20) days after the Corporation's receipt of the Disposition Notice, each shall select an appraiser of recognized standing and the two appraisers shall designate a third appraiser of recognized standing, whose appraisal shall be determinative of such value. The cost of such appraisal shall be shared equally by the Owner and the Corporation. The Closing shall then be held on the latter of (i) the fifth (5th) business day following delivery of the Exercise Notice or (ii) the fifteenth (15th) day after such cash valuation shall have been made.
Exercise Right. 4.1 In vesting period and extended exercise period, Party A can issue a exercise notice ("Exercise Notice") as Annex II of this Agreement to Party B, and required to exercise their share options in this Agreement, acquired all or part underlying shares of some domestic companies are held by Party B.
4.2 Once Party B received the exercise notice which is issued by Party A, under the provisions of above Article 4.1, Party B shall do immediately, and no later than five working days after its receipt of the exercise notice,
4.2.1 According to the requirements of exercise right, notice the signed together with Party A and / or any entity (or persons) designated by Party A such as "Equity Transfer Agreement" in Annex IV of this Agreement;
4.2.2 In accordance with provisions of the "Equity Transfer Agreement" Party A and / or any entity (or person) designated by Party A and the other shareholders of domestic companies together through a format such as shareholder resolutions in Annex V of this Agreement, approve the "Equity transfer Agreement "and modify the articles of association of domestic firms;
4.2.3 Together with Party A and / or any entity (or person) specified by Party A and the other shareholders of domestic companies, promote domestic companies submit the "Equity Transfer Agreement" and the modification of the Articles of Association of the company to the relevant approving authority, and assist in obtaining necessary approvals;
4.2.4 Together with Party A and / or any entity (or person) specified by Party A and the other shareholders of domestic companies, promote and assist domestic companies formulate the corresponding registration changes from its registration authority;
4.2.5 To complete the share purchase all other necessary matters.
Exercise Right. Notwithstanding the extent to which Optionee is vested in this Option on any date under Section 3(a), Optionee may exercise this Option only after the occurrence of an "Exercise Event" as described in Section 3(b).
Exercise Right. Subject to the restrictions, limitations, terms and conditions specified in the Plan and this Agreement, the Company has granted you as of the Grant Date the right to purchase, on the terms and conditions set forth below, 700,000 shares of Common Stock (the “Option Shares”) at the exercise price of $3.39 (the “Exercise Price”).
Exercise Right. Subject to the terms and conditions set forth herein, the Exercise Right may be exercised by the Holder on any business day by delivering to the Company the Warrant with a duly executed Notice of Exercise Form attached hereto as Exhibit 1 with the exercise section completed by specifying the total number of shares of Common Stock the Registered Holder will purchase pursuant to such exercise.
Exercise Right. This Option may be exercised only during the Option’s term (as specified in the Notice), and, during such term, this Option may be exercised only on the terms and conditions contained in the Plan and in this Agreement.
Exercise Right. The Registered Holder may exercise, in whole or in part (but not for fractional Common Shares), the purchase rights represented by this Warrant at any time and from time to time from and after the Date of Issuance until the later of (i) the 60th day following the date on which the Loans (as defined in the Credit Agreement) are repaid in full and (ii) March 16, 2025 (such later date, the “Expiration Date”). Upon and in connection with any such exercise, the Company shall satisfy all Regulatory Requirements in connection therewith applicable to it or any of its Subsidiaries.
Exercise Right. At any time or times on or after the date which is one year after the Warrant Date, the Company shall have the right, in its sole discretion, to require that this Warrant be exercised for up to all of the Warrant Shares subject to this Warrant ("Exercise at Company's Election") at the Warrant Exercise Price then in effect; provided that the Conditions to Exercise at the Company's Election (as set forth below) are satisfied as of the Company's Election Exercise Date (as defined below).
Exercise Right. This Warrant shall immediately vest and will be exercisable, in whole or in part, at any time and from time to time to and including 11:59 p.m., California time, on December 31, 2016; provided that if this Warrant has not been exercised in full prior to such time, then notwithstanding the foregoing this Warrant shall be automatically exercised effective as of 11:59 p.m., California time, on December 31, 2016 pursuant to the exercise provisions set forth in Section 4(e) hereof without surrender of the Warrant or a properly endorsed subscription notice.
