OPTION HOLDER. PUT". At the request of OPTION HOLDER by written notice (x) at any time during which the OPTION GRANTOR Option is exercisable pursuant to Section 2 (the "Repurchase Period"), OPTION GRANTOR (or any successor entity thereof) shall, if permitted by applicable law, the OPTION GRANTOR Articles and Bylaws and OPTION GRANTOR's Material Contracts, repurchase from OPTION HOLDER all or any portion of the OPTION GRANTOR Option, at the price set forth in subparagraph (i) below, or, (y) at any time prior to May 10, 1997 (provided that such date shall be extended to May 10, 1998 under the circumstances where the date after which either party may terminate the Merger Agreement pursuant to Section 10.1(b) of the Merger Agreement has been extended to May 10, 1998), OPTION GRANTOR (or any successor entity thereof) shall, if permitted by applicable law, the OPTION GRANTOR Articles and Bylaws and OPTION GRANTOR's Material Contracts, repurchase from OPTION HOLDER all or any portion of the OPTION GRANTOR Shares purchased by OPTION HOLDER pursuant to the OPTION GRANTOR Option, at the price set forth in subparagraph (ii) below:
OPTION HOLDER. The meaning set forth in the Preamble, having an address for notices hereunder at c/o Dakota Territory Resource Corp., 100 Xxxxxxxx Xxxxx, Xxxxx X, Xxxx, Xxxxx Xxxxxx 00000, Attention: Jxxxxxxx Xxxx, Email: JXxxx@xxxx-xx.xxx with copies to Option Holder's Attorney.
OPTION HOLDER. 1 Person.................................................................................................................. 52
OPTION HOLDER. Hui Zhong Lian He Media Technology Co., Ltd. (汇众联合传媒科技有限公司)
OPTION HOLDER. MEDIACO OPERATIONS LLC MEDIACO HOLDING INC.
OPTION HOLDER. 10.1 The Option-holder agrees that the vesting of Shares pursuant to Clause 4 is subject to continuing employment with the Group.
10.2 The Option-holder agrees that this Agreement, the transactions contemplated hereunder does not constitute an express or implied promise of continued employment with the Group.
10.3 The Option-holder confirms to the Group that his Committed Time amounts to at least 25 hours a week or, if less, 75% of his Working Time.
10.4 The Option-holder acknowledges receipt of a copy of this Agreement including the Schedule and Appendix A. He further states that he is familiar with the terms and provisions contained therein.
10.5 The Option-holder hereby accepts this Option subject to all of the terms and provisions contained in the Agreement thereof.
OPTION HOLDER. PREFERRED VOICE, INC.
OPTION HOLDER a person registered as the holder of an Option (including persons registered jointly) QUARTER: a period of 3 calendar months ending on 31 March, 30 June, 30 September and 31 December in each year. RELIEF: any declaration or modification made or exemption granted by the ASC at any time, and continuing in force and applicable to the Trust.
OPTION HOLDER. 5 Options.................................. 5
OPTION HOLDER. SECURITY CAPITAL CORPORATION By: -------------------------------- Attest: ----------------------------
