Grant of Purchase Right. Party B hereby irrevocably grants Party A the exclusive right to purchase or designate one or more persons (each a “Specified Person”) to purchase all or any portion of the Equity Interest from Party B subject to compliance with legal restrictions under applicable PRC laws (the “Purchase Right”). Party B shall not sell or transfer all or any portion of the Equity Interest to any party other than Party A and/or the Specified Person. Party C hereby agrees that Party B may grant the Purchase Right to Party A, and the other shareholders of Party C hereby waive any and all preemptive rights relating to the Equity Interest evidenced by the Announcement document attached hereto as the Appendix. The term “
Grant of Purchase Right. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, up to the number of fully paid and non-assessable shares of Common Stock (as defined below) as determined pursuant to Section 1(b) below, at a purchase price per share equal to the Exercise Price (as defined below). The number and Exercise Price of such shares are subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:
Grant of Purchase Right. Party B hereby irrevocably grants Party A the exclusive right to purchase or designate one or more persons (the “Specified Person”) to purchase all or any portion of the Equity Interest from Party B, subject to compliance with legal restrictions under applicable PRC laws (the “Purchase Right”). Party B shall not sell or transfer all or any portion of the Equity Interest to any party other than Party A and/or the Specified Person. Party C hereby acknowledges that Party B may grant the Purchase Right to Party A, and the other shareholders of Party C have already agreed to waive any rights to acquire the Equity Interest of Party C from Party B and such shareholders have executed the Announcement Letter to waive their pre-emptive rights (attached as Appendices). As used in this Agreement, the term “person” refers to an individual, corporation, joint enterprise, partnership, enterprise, trust or non-corporation organization.
Grant of Purchase Right. Each Holder who is an employee of the Company (which for purposes of this Section 7 shall be deemed to include any subsidiary of the Company) hereby unconditionally and irrevocably grants to the Company the right to purchase all or any portion of the Capital Stock (other than the shares, if any, identified as co-investment shares on Schedule A) that such Holder owns or has the right to acquire as of the date such Holder ceases to be employed by the Company (the “Employee Shares”), at the price and on the terms and conditions set forth in this Section 7. The Company must exercise its right of purchase under this Section 7 by giving a notice of exercise (the “Company Purchase Notice”) to such Holder. Except as contemplated in Section 7.3(c), such notice of exercise must be given (a) within ninety (90) days after such Holder’s employment terminates, with respect to any Capital Stock which is Common Stock or preferred stock owned by such Holder as of the date such Holder’s employment with the Company terminated, and (b) with respect to Capital Stock such Holder acquires after such Holder’s employment with the Company terminated but pursuant to a right that existed as of the time of such termination, within ninety (90) days after the date a certificate for such Capital Stock is issued by the Company to such Holder (the “Company Purchase Option Period”).
Grant of Purchase Right. Party B hereby irrevocably grants Party A the exclusive right to purchase or designate one or more persons (each a “Specified Person”) to purchase all or any portion of the 0.25% equity interest in Party C held by Party B (the “Equity Interest”), subject to compliance with legal restrictions under applicable PRC laws (the “Purchase Right”). Party B shall not sell or transfer all or any portion of the Equity Interest to any party other than Party A and/or the Specified Person(s). Party C hereby agrees that Party B may grant the Purchase Right to Party A, and the other shareholders of Party C hereby waive any and all preemptive rights relating to the Equity Interest evidenced by the Announcement document attached hereto as the Appendix. The term “
Grant of Purchase Right. Except as otherwise provided below, on the Offering Date of each Offering Period, each Participant in such Offering Period shall be granted automatically a Purchase Right consisting of an option to purchase shares, subject to the limit on such shares for such period determined by dividing the Dollar Limit (determined as provided below) by the Fair Market Value of a share of Stock on such Offering Date. The Committee may, in its discretion and prior to the Offering Date of any Offering Period, (i) change the method of, or any of the foregoing factors in, determining the number of shares of Stock subject to Purchase Rights to be granted on such Offering Date, or (ii) specify a maximum aggregate number of shares that may be purchased by all Participants in an Offering or on any Purchase Date within an Offering Period. No Purchase Right shall be granted on an Offering Date to any person who is not, on such Offering Date, an Eligible Employee. For the purposes of this Section, the “Dollar Limit” shall be determined by multiplying $2,083.33 by the number of months (rounded to the nearest whole month) in the Offering Period and rounding to the nearest whole dollar.
Grant of Purchase Right. Pursuant to the terms and subject to the conditions set out in this Agreement, the Company hereby grants to the Purchaser the right to acquire Shares (the “Grant”) at the Subscription Price by tendering payment of the aggregate Subscription Price on or before the Effective Date. Unless otherwise determined by the Company, in its sole discretion, the right to acquire Shares pursuant to this Grant shall expire and cease to be exercisable if payment in full of the aggregate Subscription Price for such Shares is not received by the Company on or before the Effective Date.
Grant of Purchase Right. Each of Party B-1 and Party B-2 hereby irrevocably grants Party A the exclusive right to purchase or designate one or more persons (the “Specified Person”) to purchase all or any portion of the Equity Interest from Party B-1 and Party B-2, subject to compliance with legal restriction under applicable PRC laws (the “Purchase Right”). Neither Party B-1 nor Party B-2 shall sell all or any portion of the Equity Interest to any party other than Party A and/or the Specified Person. Party C hereby acknowledges that Party B-1 and Party B-2 may grant the Purchase Right to Party A. As used in this Agreement, the term “person” refers to an individual, corporation, joint enterprise, partnership, enterprise, trust or non-corporation organization.
Grant of Purchase Right. Subject to the terms and conditions specified in this Section 3, the Company hereby grants to each Stockholder a purchase right with respect to future sales by the Company of its Capital Securities. Each Stockholder shall be entitled to apportion the purchase right hereby granted it among itself and its members, partners and Affiliates in such proportions as it deems appropriate. Each time the Company proposes to offer any Capital Securities, the Company shall first offer to the Stockholders such Capital Securities in accordance with the following provisions:
Grant of Purchase Right. Subject to the terms and conditions set forth in this Warrant, the Company hereby grants to NL Holdco the right (the “Purchase Right”) to purchase 602,392 shares of Company Stock (“Shares”) at a purchase price of $24.00 per Share (the “Exercise Price”). The Purchase Right shall become exercisable in accordance with Section 2 below.
