Majority Interest Option Clause Samples

Majority Interest Option. (a) WPS Ltd. shall have the option (the "Majority Interest Option") to purchase from Bowe▇, ▇▇ from the Bowe▇ ▇▇▇reholders and other shareholders, as the Bowe▇ ▇▇▇reholders may decide, such number of Ordinary Shares as shall cause WPS Ltd. to own, following such purchase, 50.1% of Bowe▇'▇ ▇▇▇ued and outstanding Ordinary Shares at the time of exercise of the Majority Option (the "Majority Shares"). The Majority Option shall be exercisable at any time during the period commencing on the fifth anniversary of the Closing Date and ending at the close of business on the tenth anniversary of the Closing Date (the "Option Period").