Options to Purchase Shares. 3.1 Shares received by a Director Holder upon the exercise or conversion of any options, warrants, rights to purchase shares or securities convertible into Shares, shall be subject to the terms and conditions of this Agreement and may not be transferred except as permitted by this Agreement.
Options to Purchase Shares. Except as disclosed in the Orezone Disclosure Letter or as contemplated in this Agreement, there are no options, warrants, conversion privileges or other rights, agreements, arrangements or commitments (pre-emptive, contingent or otherwise) obligating Orezone or the Orezone Subsidiaries to issue or sell any shares of Orezone or the Orezone Subsidiaries or any securities or obligations of any kind convertible into or exchangeable or exercisable for any shares of Orezone or the Orezone Subsidiaries. As of the date hereof, there are no outstanding bonds, debentures or other evidences of indebtedness of Orezone or the Orezone Subsidiaries having the right to vote with the Orezone Shareholders on any matter. There are no outstanding contractual obligations of Orezone or the Orezone Subsidiaries to repurchase, redeem or otherwise acquire any outstanding Orezone Shares or with respect to the voting or disposition of any outstanding Orezone Shares. On the Effective Date:
(i) Each Orezone 1997 Option outstanding immediately prior to the Effective Time, whether vested or not, will be exchanged for a fully-vested option granted by IAMGOLD (each an “IAMGOLD Replacement Option” and collectively the “IAMGOLD Replacement Options”) to acquire the number of IAMGOLD Shares equal to the product of (A) the number of Orezone Shares subject to the Orezone 1997 Option immediately before the Effective Time and (B) the Exchange Ratio, and the exercise price per IAMGOLD Share subject to any IAMGOLD Replacement Option shall be equal to the quotient of (A) the exercise price per Orezone Share subject to such Orezone 1997 Option immediately before the Effective Time divided by (B) the Exchange Ratio. Except as set out above, the terms of each IAMGOLD Replacement Option will be the same as the Orezone 1997 Option exchanged therefor.
(ii) Each Orezone 2008 Option outstanding immediately prior to the Effective Time, whether vested or not, will remain outstanding in accordance with its terms which provide that such Orezone 2008 Option may be exercised by the holder thereof at any time up to and including (but not after) the date that is 30 days after the Effective Time and will entitle the holder thereof to receive, upon exercise in accordance with the terms thereof, in lieu of the number of Orezone Shares otherwise issuable upon exercise thereof, the number of IAMGOLD Shares and New Orezone Shares which the holder would have been entitled to receive as a result of the Arrangement and the...
Options to Purchase Shares. Except as disclosed in Schedule L, and as of the date hereof, no Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature), for the purchase or issue of or conversion into any of the unissued IsoTis Shares or any unissued securities of IsoTis or an IsoTis Subsidiary and, as of the date hereof, Schedule L accurately sets out the holders, weighted average exercise price and average remaining term of all those options and warrants and such other convertible securities or obligations of IsoTis and each IsoTis Subsidiary which are outstanding.
Options to Purchase Shares. Except as described in Schedule D or Schedule E, no Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature) for the purchase or issue of or conversion into any of the unissued shares of GenSci or the GenSci Subsidiaries or any unissued securities of GenSci or the GenSci Subsidiaries. Schedule D accurately sets out the holders, exercise prices, expiry dates and exchange terms of all those options, warrants and other convertible securities which are outstanding. Schedule C contains a true copy of the GenSci Stock Option Plan as amended.
Options to Purchase Shares. In further consideration for Director's performance of his obligations under Section 1 hereof, Director is hereby granted an option to purchase shares of the Company's common stock according to the terms and conditions of the Non-Qualified Stock Option Agreement attached hereto as Exhibit A. The Director may hold the shares either in their own names or in the name of a corporation or trust nominated by the Director.
Options to Purchase Shares. Subject to approval of the Board of Directors, and you and 724 Solutions entering into 724 Solutions’ standard Option Agreement, 724 Solutions hereby grants to you:
(a) the option to purchase 2,500 common shares of 724 Solutions (or the group of companies that forms 724 Solutions), at their Market Price (as defined in the Stock Option Plan) on the date of the grant (your first day of employment with 724 Solutions), which option vests on and continues from the first anniversary of your employment; and
(b) the option to purchase an additional 2,500 common shares of 724 Solutions (or the group of companies that forms 724 Solutions), at their Market Price (as defined in the Stock Option Plan) on the date of the grant (your first day of employment with 724 Solutions), which option vests on and continues from the second anniversary of your employment; and
(c) the option to purchase an additional 2,500 common shares of 724 Solutions (or the group of companies that forms 724 Solutions), at their Market Price (as defined in the Stock Option Plan) on the date of the grant (your first day of employment with 724 Solutions), which option vests on and continues from the third anniversary of your employment; and
(d) the option to purchase an additional 2,500 common shares of 724 Solutions (or the group of companies that forms 724 Solutions), at their Market Price (as defined in the Stock Option Plan) on the date of the grant (your first day of employment with 724 Solutions), which option vests on and continues from the fourth anniversary of your employment. This statement of Compensation and Benefits supersedes all other prior and contemporaneous agreements and statements, whether written or oral, express or implied pertaining in any manner to your compensation and benefits, and it may not be contradicted by evidence of any prior or contemporaneous statements or agreements.
Options to Purchase Shares. Except as disclosed in Schedule F, and as of the date hereof, no Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature), for the purchase or issue of or conversion into any of the unissued Bonanza Shares or any unissued securities of Bonanza or a Bonanza Subsidiary and, as of the date hereof, Schedule F accurately sets out the holders, exercise price and average remaining term of all those options and warrants and such other convertible securities or obligations of Bonanza and each Bonanza Subsidiary which are outstanding. Subject to the acceptance of the TSX-V, Bonanza reserves the right to reprice the exercise price of certain options as described on Schedule F.
Options to Purchase Shares. Except as described in Schedule B, no Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature) for the purchase or issue of or conversion into any of the unissued shares of Taurus or the Taurus Subsidiaries or any unissued securities of Taurus or the Taurus Subsidiaries. Schedule B accurately sets out the holders, exercise prices, expiry dates and exchange terms of all those options, warrants and other convertible securities which are outstanding. Subject to the acceptance of the TSX-V, Taurus reserves the right to extend the expiry date of certain warrants as described in Schedule B.
Options to Purchase Shares. No Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature), for the purchase or issue of or conversion into any of the unissued Newco Shares or any unissued securities of Newco.
Options to Purchase Shares. No Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature), for the purchase or issue of or conversion into any of the unissued FairstarSub Shares or any unissued securities of FairstarSub.
