Common use of Number of Option Shares Clause in Contracts

Number of Option Shares. The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." The option described pursuant to this Paragraph 1 shall only be exercisable during the ten (10) year period commencing with the date of the successful completion of the IPO (the "Exercise Period"). The exercise of, or the failure to exercise, this Warrant during the Exercise Period shall terminate all other rights of Holder hereunder.

Appears in 6 contracts

Samples: Stock Purchase Warrant (Master Graphics Inc), Stock Purchase Warrant (Master Graphics Inc), Stock Purchase Warrant (Master Graphics Inc)

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Number of Option Shares. The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." The option described pursuant to this Paragraph 1 shall only be exercisable during the within ten (10) year period commencing with years from the date of and in conjunction with the successful completion IPO, provided that there has been no acquisition or merger of the IPO (Company at the "Exercise Period")time of the IPO. The exercise of, or the failure to exercise, this Warrant during the Exercise Period in conjunction with an IPO shall terminate all other rights of Holder hereunder.

Appears in 2 contracts

Samples: Stock Purchase Warrant (Master Graphics Inc), Stock Purchase Warrant (Master Graphics Inc)

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