Common use of Option to Acquire Additional Shares Clause in Contracts

Option to Acquire Additional Shares. (a) Launch hereby grants to Yahoo! and Purchaser an irrevocable option (the "PURCHASER OPTION") to purchase up to that number of newly issued shares of Launch Common Stock (the "PURCHASER OPTION Shares") equal to the number of shares of Launch Common Stock that, when added to the number of shares of Launch Common Stock owned by Yahoo!, Purchaser and the other direct and indirect wholly owned subsidiaries of Yahoo! immediately following the consummation of the Offer, shall constitute one share more than ninety percent (90%) of the shares of Launch Common Stock then outstanding on a fully diluted basis (after giving effect to the issuance of the Purchaser Option Shares) for a consideration per Purchaser Option Share equal to the Offer Price.

Option to Acquire Additional Shares. (a) Launch hereby grants to Yahoo! and Purchaser an irrevocable option (the "PURCHASER OPTIONPurchaser Option") to purchase up to that number of newly issued shares of Launch Common Stock (the "PURCHASER OPTION Purchaser Option Shares") equal to the number of shares of Launch Common Stock that, when added to the number of shares of Launch Common Stock owned by Yahoo!, Purchaser and the other direct and indirect wholly owned subsidiaries of Yahoo! immediately following the consummation of the Offer, shall constitute one share more than ninety percent (90%) of the shares of Launch Common Stock then outstanding on a fully diluted basis (after giving effect to the issuance of the Purchaser Option Shares) for a consideration per Purchaser Option Share equal to the Offer Price.