Common use of Option Closing Clause in Contracts

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that the Lead Underwriter advises the Company the certificates (in physical or electronic form as the Lead Underwriter may advise in the notice) representing the Additional Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters such documents set forth in section 6.1(k) except paragraphs (i), (ii), (iii) and (v) , as the Underwriters may request. 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters shall pay to the Company the gross proceeds of the sale of the Additional Common Shares, less the Underwriting Fee.

Option Closing. 11.1 10.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters Underwriter in such locations that the Lead Underwriter advises the Company the certificates (in physical or electronic form as the Lead Underwriter may advise in the notice) representing the Additional Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by the UnderwritersUnderwriter. 11.2 10.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 10.3 At the Option Closing, the Company shall deliver to the Underwriters Underwriter such documents set forth in section Section 6.1(k) except paragraphs (i), (ii), (iii) and (v) , as the Underwriters Underwriter may request. 11.4 10.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters Underwriter shall pay to the Company the gross proceeds of the sale of the Additional Over-Allotment Common Shares, less the Underwriting FeeFee and expenses as provided in Section 7 hereof that have not already been paid in accordance with Section 9.4.

Option Closing. 11.1 10.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters Underwriter in such locations that the Lead Underwriter advises advise the Company the certificates (in physical or electronic form as the Lead Underwriter may advise in the notice) representing the Additional Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by the UnderwritersUnderwriter. 11.2 10.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 10.3 At the Option Closing, the Company shall deliver to the Underwriters Underwriter such documents set forth in section 6.1(ksubsection ‎6.1(l) except paragraphs (i), (ii), (iii) and (v) , as the Underwriters Underwriter may request. 11.4 10.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters Underwriter shall pay to the Company by wire transfer the gross proceeds of the sale of the Additional Common Shares, less (i) the Underwriting FeeFee and (ii) if so desired by Underwriter, any costs and expenses owing to the Underwriter pursuant to section ‎7.2. 10.5 The Company and Underwriter agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Allotment Option.