Purchase During Exercise Period Sample Clauses

Purchase During Exercise Period. Subject to the terms and conditions set forth in this Agreement, the Holder shall be entitled, at any time during the Exercise Period, to purchase (such right, the “Purchase Option”) from the Founder, at an aggregate price of US$1 (the “Exercise Price”), a number of fully paid Ordinary Shares, par value US$0.001 per share, of the Company (the “Ordinary Shares”) held by the Founder equal to the “Adjustment Number” (as defined below). Subject to the terms and conditions set forth in this Agreement, the Adjustment Number shall be the number of Ordinary Shares such that, if transferred to the Holder, would result in the Holder’s Percentage Interest as of the publication of 2010 Fiscal Year Revenue having a 2% increment. Promptly upon completion of the purchase and sale of Ordinary Shares pursuant to the Purchase Option, if at such time the Holder holds any Series A Preferred Shares of the Company (the “Series A Preferred Shares”), the parties hereto shall cause the re-designation of such Ordinary Shares acquired by the Holder into the number of Series A Preferred Shares then convertible into such Ordinary Shares.
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Purchase During Exercise Period. Subject to the terms and conditions set forth in this Warrant, the Holder shall be entitled, at any time during the Exercise Period, to purchase from the Company, at a price of US$0.001 per share (the “Exercise Price”), a number of fully paid Ordinary Shares equal to the “Adjustment Number” (as defined below). Subject to Section 4(c), the Adjustment Number shall be the number of Ordinary Shares, if issued to the Holder on the Closing Date, would result in the Percentage Interest equal to a new number, which in no event shall exceed 77.5% of the Company’s aggregate equity interest immediately after Closing on a fully-diluted basis, to be determined in accordance with the Adjusted Post Money Valuation. After the Adjust Post Money Valuation is available, the Adjustment Number shall be certain Ordinary Shares, obtained by the number of Ordinary Shares then outstanding on an as-converted basis (giving effect to the conversion and exchange of all securities or rights that are convertible or exchangeable into Ordinary Shares, including the Shares implied by ESOP but excluding the Shares issued upon exercise of the Warrants), multiplied by a percentage, which is a percentage, obtained by dividing (i) Series A Purchase Price by (ii) the Initial Post Money Valuation, minus another percentage, obtained by dividing (iii) Series A Purchase Price by (iv) the Adjusted Post Money Valuation, with the exchange rate between United States Dollar and Renminbi is USD1 = RMB6.82.
Sample 1Sample 2
Purchase During Exercise Period. Subject to the terms and conditions set forth in this Warrant, the Holder shall be entitled, at any time during the Exercise Period, to purchase from the Company, at a price of US$0.001 per share (the “Exercise Price”), a number of fully paid Preferred Shares equal to the “Adjustment Number” (as defined below). Subject to Section 4(c), the Adjustment Number shall be the number of Preferred Shares, if issued to the Holder on the Closing Date, would result in the Percentage Interest equal to a new number, which in no event shall exceed 45% of the Company’s aggregate equity interest immediately after Closing on a fully-diluted basis, to be determined in accordance with the Adjusted Post Money Valuation.
Sample 1Sample 2
Purchase During Exercise Period. Subject to the terms and conditions set forth in this Warrant, the Holder shall be entitled, at any time during the Exercise Period, to purchase from the Company, at a price of US$0.001 per share (the “Exercise Price”), a number of fully paid Preferred Shares equal to the “Adjustment Number” (as defined below). The Adjustment Number shall be the number of Preferred Shares, if issued to the Holder, would result in the Percentage Interest immediately before the publication of 2010 Fiscal Year Revenue having a 2% increment.
Sample 1Sample 2
Purchase During Exercise Period. Subject to the terms and conditions set forth in this Agreement, the Holder shall be entitled, at any time during the Exercise Period, to purchase (such right, the “Purchase Option”) from the Founder Holdco, at an aggregate price of US$1 (the “Exercise Price”), a number of fully paid Ordinary Shares, par value US$0.001 per share, of the Company (the “Ordinary Shares”) held by the Founder Holdco equal to the “Adjustment Number” (as defined below). Subject to the terms and conditions set forth in this Agreement, the Adjustment Number shall be the number of Ordinary Shares such that, if transferred to the Holder, would result in the Holder’s Percentage Interest as of the publication of 2010 Fiscal Year Revenue having a 2% increment.
Sample 1

Related to Purchase During Exercise Period

  • Extension of Exercise Period Notwithstanding any provisions of paragraphs (a), (b), (c) or (d) of this Section to the contrary, if exercise of the Option following termination of employment during the time period set forth in the applicable paragraph or sale during such period of the Shares acquired on exercise would violate any of the provisions of the federal securities laws (or any Company policy related thereto), the time period to exercise the Option shall be extended until the later of (i) forty-five (45) days after the date that the exercise of the Option or sale of the Shares acquired on exercise would not be a violation of the federal securities laws (or a related Company policy), or (ii) the end of the time period set forth in the applicable paragraph.

  • Option Exercise Period Check One:

  • Exercise Period This Warrant shall be exercisable, in whole or in part, prior to (or in connection with) the expiration of this Warrant as set forth in Section 8.

  • Period of Exercise This Warrant is exercisable at any time or from time to time on or after the date on which this Warrant is issued and delivered pursuant to the terms of the Securities Purchase Agreement and before 6:00 p.m., New York, New York time on the fifth (5th) anniversary of the date of issuance (the "Exercise Period").

  • Exercise Period of Option Subject to the terms and conditions of this Stock Option Agreement and the Plan, and unless otherwise modified in writing signed by the Company and Optionee, this Option may be exercised with respect to all of the Shares subject to this Option, but only according to the vesting schedule described in Section 9 below, prior to the date which is the last day of the Term set forth on the face hereof following the Grant Date (hereinafter "Expiration Date").

  • Method of Exercise Payment Issuance of New Warrant;

  • Exercise of Warrants; Exercise Price; Termination Date (a) The Warrants shall be exercisable commencing on the Initial Exercise Date. The Warrants shall cease to be exercisable and shall terminate and become void as set forth in the Warrant Certificate. Subject to the foregoing and to Section 7(b) below, the Holder of a Warrant may exercise the Warrant in whole or in part upon surrender of the Warrant Certificate, if required, with the executed Notice of Exercise and payment of the Exercise Price, which may be made, at the option of the Holder, by wire transfer or by certified or official bank check in United States dollars, to the Warrant Agent at the principal office of the Warrant Agent or to the office of one of its agents as may be designated by the Warrant Agent from time to time. In the case of the Holder of a Global Warrant, the Holder shall deliver the executed Notice of Exercise and the payment of the Exercise Price as described herein. Notwithstanding any other provision in this Agreement, a holder whose interest in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form through the Depositary (or another established clearing corporation performing similar functions), shall effect exercises by delivering to the Depositary (or such other clearing corporation, as applicable) the appropriate instruction form for exercise, complying with the procedures to effect exercise that are required by the Depositary (or such other clearing corporation, as applicable). The Company acknowledges that the bank accounts maintained by the Warrant Agent in connection with the services provided under this Agreement will be in its name and that the Warrant Agent may receive investment earnings in connection with the investment at Warrant Agent risk and for its benefit of funds held in those accounts from time to time. Neither the Company nor the Holders will receive interest on any deposits or Exercise Price. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required. The Company hereby acknowledges and agrees that, with respect to a holder whose interest in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form through the Depositary (or another established clearing corporation performing similar functions), upon delivery of irrevocable instructions to such holder’s Participant to exercise such warrants, that solely for purposes of Regulation SHO that such holder shall be deemed to have exercised such warrants.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Number of Shares Issuable upon Exercise From and after the Issue Date through and including the Expiration Date, the Holder hereof shall be entitled to receive, upon exercise of this Warrant in whole in accordance with the terms of subsection 1.2 or upon exercise of this Warrant in part in accordance with subsection 1.3, shares of Common Stock of the Company, subject to adjustment pursuant to Section 4.

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