Notice of Intent to Exercise Option Sample Clauses

Notice of Intent to Exercise Option. The undersigned optionee (the "OPTIONEE") was granted a stock option (the "OPTION") to purchase shares of the common stock of Telect, Inc. (the "COMPANY") on __________________, 20___, pursuant to the Company's 2000 Equity Incentive Plan and a Stock Option Agreement dated ______________, 20___ (the "OPTION AGREEMENT"). Pursuant to Section 13.2(a) of the Option Agreement, the Optionee hereby provides notice of the Optionee's intent to exercise on ___________, 20___ (the "PROPOSED EXERCISE DATE") the Option as to ___________ whole shares of the common stock of the Company, all of which will have become vested under the terms of the Option Agreement as of the Proposed Exercise Date (the "SHARES"). (THE DATE ENTERED IN THE PRECEDING SENTENCE MUST BE (I) AT LEAST THIRTY (30) DAYS AFTER THE DATE THIS ADVANCE NOTICE OF INTENT TO EXERCISE WILL BE RECEIVED BY THE VICE PRESIDENT OF FINANCE AND INFORMATION TECHNOLOGY OF COMPANY IN THE MANNER REQUIRED BY THE OPTION AGREEMENT AND (II) NO LATER THAN THE OPTION EXPIRATION DATE SET FORTH IN THE OPTION AGREEMENT.)
Sample 1
AutoNDA by SimpleDocs
Notice of Intent to Exercise Option. Sament may exercise the Option, at any time during the Option Exercise Period by delivering written notice thereof to the Company (the “Exercise Notice”).
Sample 1
Notice of Intent to Exercise Option. The Option shall be exercised automatically immediately prior to the occurrence of one of the events described in clauses (a)-(e) above. If an event described in clauses (a)-(e) above does not occur prior to the one year anniversary of the date of this Agreement, Sament may exercise the Option during the Option Exercise Period by delivering written notice thereof to the Company (the “Exercise Notice”).
Sample 1
Notice of Intent to Exercise Option. On or before June 30, 2048, PGCPS may provide a written notice to Developer identifying that PGCPS desires that the Expiration Date remain June 30, 2053, despite the occurrence of a Delayed School Due to a Relief Event.
Sample 1
Notice of Intent to Exercise Option. Not later than one hundred eighty (180) days prior to the Termination Date, the Lessee may notify the Lessor in writing that it wishes to exercise its option to extend the term of this Lease (an "Extension Notice"). Lessor shall have ninety (90) days from receipt of Lessee's Extension Notice to determine whether Lessee is in compliance with all of the terms and conditions of the Lease, and if Lessor determines that Lessee is in compliance, the Initial Term shall be extended for ( ) years from the Termination Date, for a total Lease term of no longer than ninety-nine (99) years.
Sample 1

Related to Notice of Intent to Exercise Option

  • Notice to Allow Exercise by Hxxxxx If (A) the Company shall declare a dividend (or any other distribution in whatever form) on the Common Stock, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common Stock, (C) the Company shall authorize the granting to all holders of the Common Stock rights or warrants to subscribe for or purchase any shares of capital stock of any class or of any rights, (D) the approval of any stockholders of the Company shall be required in connection with any reclassification of the Common Stock, any consolidation or merger to which the Company (or any of its Subsidiaries) is a party, any sale or transfer of all or substantially all of its assets, or any compulsory share exchange whereby the Common Stock is converted into other securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Company, then, in each case, the Company shall cause to be delivered by email to the Holder at its last email address as it shall appear upon the Warrant Register of the Company, at least 20 calendar days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record is to be taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as of which the holders of the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants are to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected to become effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to exchange their shares of the Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale, transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the Subsidiaries, the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Holder shall remain entitled to exercise this Warrant during the period commencing on the date of such notice to the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.

  • Notice to Allow Exercise by Xxxxxx If (A) the Company shall declare a dividend (or any other distribution in whatever form) on the Common Stock, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common Stock, (C) the Company shall authorize the granting to all holders of the Common Stock rights or warrants to subscribe for or purchase any shares of capital stock of any class or of any rights, (D) the approval of any stockholders of the Company shall be required in connection with any reclassification of the Common Stock, any consolidation or merger to which the Company is a party, any sale or transfer of all or substantially all of the assets of the Company, or any compulsory share exchange whereby the Common Stock is converted into other securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Company, then, in each case, the Company shall cause to be delivered by facsimile or email to the Holder at its last facsimile number or email address as it shall appear upon the Warrant Register of the Company, at least 20 calendar days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record is to be taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as of which the holders of the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants are to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected to become effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to exchange their shares of the Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale, transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the Subsidiaries, the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Holder shall remain entitled to exercise this Warrant during the period commencing on the date of such notice to the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.

Time is Money Join Law Insider Premium to draft better contracts faster.