Common use of New Options Clause in Contracts

New Options. 4.1 In consideration of Fortissimo accelerating each Additional Closing, the Company will use its best efforts to obtain shareholder approval at its next shareholder meeting in order to approve the grant of a new option (the “New Option”) to Fortissimo that will provide to Fortissimo an option to acquire the identical amount of shares and warrants at the same terms as were available to Fortissimo at each Additional Closing.

Appears in 3 contracts

Samples: Share Purchase Agreement (Radview Software LTD), Share Purchase Agreement (Radview Software LTD), Share Purchase Agreement (Radview Software LTD)

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New Options. 4.1 In consideration of Fortissimo accelerating each Additional Closing, the Company will use its best efforts to obtain shareholder approval at its next shareholder meeting in order to approve the grant of a new option (the "New Option") to Fortissimo that will provide to Fortissimo an option to acquire the identical amount of shares and warrants at the same terms as were available to Fortissimo at each Additional Closing.

Appears in 2 contracts

Samples: Share Purchase Agreement (Fortissimo Capital Fund GP, L.P.), Share Purchase Agreement (Fortissimo Capital Fund GP, L.P.)

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