GRANT OF PUT OPTION; EXERCISE PRICE Sample Clauses

GRANT OF PUT OPTION; EXERCISE PRICE. Subject to the terms and conditions herein set forth, Optionee is hereby granted the right (the "Put Option") to require investors to purchase from Optionee the number of shares of the Common Stock (the "Option Shares") of E-Loan, Inc. (the "Issuer") as set forth for such Investors on Schedule A at an aggregate exercise price (the "Put Exercise Price") as set forth for such Investors on Schedule A, which Put Exercise Price shall increase at the rate of Seven Percent (7.00%) per annum compounded annually from the date of this Agreement (the "Annual Increase"), to be due and payable upon exercise of such Put Option, payable by Investors in cash, wire transfers, cancellation of indebtedness or a combination of the foregoing as provided in Section 1.4 hereof. The number of shares of Common Stock and other property subject to the Put Option shall be subject to adjustment as provided in Section 2.1.
Sample 1
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GRANT OF PUT OPTION; EXERCISE PRICE. Subject to the terms and ----------------------------------- conditions herein set forth, each Optionee is hereby granted the right (the "Put --- Option") to require Asymetrix to repurchase up to an aggregate of the number of ------ shares of such Optionee's Common Stock set forth next to the name of the Optionee on Exhibit A (the "Option Shares") at an exercise price equal to $11.75 --------- ------------- per share (the "Put Exercise Price"), without interest, upon exercise of such ------------------ Put Option, payable by Asymetrix in cash, wire transfers, cancellation of indebtedness or a combination of the foregoing. The number of Option Shares and the per share Put Exercise Price shall be subject to adjustment as provided in Section 2.
Sample 1

Related to GRANT OF PUT OPTION; EXERCISE PRICE

  • Option Exercise Price The per share price to be paid by Optionee in the event of an exercise of the Option will be $ .

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Warrant Exercise Price f. Dates upon which Warrants may be exercised;

  • Payment of Warrant Exercise Price The holder shall pay the Aggregate Exercise Price of $______________ to the Company in accordance with the terms of the Warrant.

  • Adjustment of Exercise Price and Shares After each adjustment of the Exercise Price pursuant to this Section 8, the number of shares of Common Stock purchasable on the exercise of each Warrant shall be the number derived by dividing such adjusted pertinent Exercise Price into the original pertinent Exercise Price. The pertinent Exercise Price shall be subject to adjustment as follows:

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following:

  • Adjustment of Exercise Price and Number of Shares The number and kind of Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Adjustment of Warrant Price and Number of Shares Issuable Upon Exercise The Warrant Price and the number of shares of Warrant Stock that may be purchased upon exercise of this Warrant shall be subject to adjustment from time to time as set forth in this Section 4. The Issuer shall give the Holder notice of any event described below which requires an adjustment pursuant to this Section 4 in accordance with the notice provisions set forth in Section 5.

  • Minimum Adjustment of Exercise Price No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

  • Number of Shares; Exercise Price This certifies that, for value received, Cede & Co., and any of its registered assigns, is the registered owner of the number of Warrants set forth on Schedule A hereto, each of which entitles the Warrantholder to purchase from the Company, upon the terms and subject to the conditions hereinafter set forth, a number of fully paid and nonassessable shares of Common Stock (each a “Share” and collectively the “Shares”) equal to the Warrant Share Number at a purchase price per share equal to the Exercise Price. The Warrant Share Number and the Exercise Price are subject to adjustment as provided herein, and all references to “Warrant Share Number” and “Exercise Price” herein shall be deemed to include any such adjustment or series of adjustments.

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