Common use of GRANT OF THE RIGHT TO PURCHASE COMMON STOCK Clause in Contracts

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. The Company hereby grants to FHS the right, and FHS shall be entitled, subject to the terms and conditions hereinafter set forth, to purchase from the Company 200,000 shares of its common stock, par value $0.01 per share (the "Common Stock")(which number is referred to herein as the "Total Exercise Number") at a per share exercise price equal to $35.50 (the "Exercise Price"). The right to purchase such shares shall be evidenced by five (5) warrant certificates each in the form of Exhibit A hereto (collectively, the "Warrant Certificates" and each a "Warrant Certificate"). Subject to Section 3 hereof, each Warrant Certificate shall be delivered to the FHS following the Vesting Date (as defined below) thereof. The Total Exercise Number and Exercise Price of such shares are subject to adjustment as provided in Section 4 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Advance Paradigm Inc)

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GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. The Company hereby grants to FHS Client the right, and FHS Client shall be entitled, subject to the terms and conditions hereinafter set forth, to purchase from the Company 200,000 14,500 shares of its common stock, par value $0.01 per share (the "Common Stock")(which number is referred to herein as the "Total Exercise Number") at a per share exercise price equal to $35.50 30.10 (the "Exercise Price"). The right to purchase such shares shall be evidenced by five (5) warrant certificates each in the form of Exhibit A hereto (collectively, the "Warrant Certificates" and each a "Warrant Certificate"). Subject to Section 3 hereof, each Warrant Certificate shall be delivered to the FHS following Client on the Vesting Date (as defined below) thereof. The Total Exercise Number and Exercise Price of such shares are subject to adjustment as provided in Section 4 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Advancepcs)

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. The Company hereby grants to FHS Client the right, and FHS Client shall be entitled, subject to the terms and conditions hereinafter set forth, to purchase from the Company 200,000 16,430 shares of its common stock, par value $0.01 per share (the "Common Stock")(which number is referred to herein as the "Total Exercise Number") at a per share exercise price equal to $35.50 35.125 (the "Exercise Price"). The right to purchase such shares shall be evidenced by five (5) warrant certificates each in the form of Exhibit A hereto (collectively, the "Warrant Certificates" and each a "Warrant Certificate"). Subject to Section 3 hereof, each Warrant Certificate shall be delivered to the FHS Client following the Vesting Date (as defined below) thereof. The Total Exercise Number and Exercise Price of such shares are subject to adjustment as provided in Section 4 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Advance Paradigm Inc)

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. The Company hereby grants to FHS Client the right, and FHS Client shall be entitled, subject to the terms and conditions hereinafter set forth, forth to purchase from the Company 200,000 168,750 shares of its common stock, par value $0.01 per share (the "Common Stock")(which Stock") (which number is referred to herein as the "Total Exercise Number") at a per share exercise price equal to $35.50 21.125 (the "Exercise Price"). The right to purchase such shares shall be evidenced by five (5) warrant certificates each in the form of Exhibit A hereto (collectively, the "Warrant Certificates" and each a "Warrant Certificate"). Subject to Section 3 hereof, each Warrant Certificate shall be delivered to the FHS following Client on the Vesting Date (as defined below) thereof. The Total Exercise Number and Exercise Price of such shares are subject to adjustment as provided in Section 4 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Advancepcs)

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GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. The Company hereby grants to FHS Client the right, and FHS Client shall be entitled, subject to the terms and conditions hereinafter set forth, to purchase from the Company 200,000 50,000 shares of its common stock, par value $0.01 per share (the "Common Stock")(which number is referred to herein as the "Total Exercise Number") at a per share exercise price equal to $35.50 29.81 (the "Exercise Price"). The right to purchase such shares shall be evidenced by five (5) warrant certificates each in the form of Exhibit A hereto (collectively, the "Warrant Certificates" and each a "Warrant Certificate"). Subject to Section 3 hereof, each Warrant Certificate shall be delivered to the FHS following Client on the Vesting Date (as defined below) thereof. The Total Exercise Number and Exercise Price of such shares are subject to adjustment as provided in Section 4 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Advancepcs)

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