Put and Call Option Sample Clauses

Put and Call Option. 9.1. We may require you to transfer your rights in this Agreement to us (or our nominee) by us giving you 20 Working Days’ notice if:
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Put and Call Option. (OPTIONS ONLY) If you wish to participate in the scheme by way of an option this document must be completed and returned together with the acceptance form and the security agreement. THIS AGREEMENT is made the day of 199[ ] between ("the Beneficiary") AND [ ], Trustees of the MIH Limited Share Trust ("the Trustees") pursuant to which and in consideration of the mutual covenants contained herein the Beneficiary and the Trustees agree that:
Put and Call Option. (a) Alcoa hereby grants to Ma'aden an option (the "Put Option") to require Alcoa to purchase from Ma'aden (i) such number of Shares as at the relevant time constitutes 14.9% of the total issued Shares of each of the Companies; and (ii) 14.9% of the total aggregate Shareholder Loans provided to each of the Companies (the "Option Interests"), on the terms set out in this Clause 17. Ma'aden hereby grants to Alcoa an option (the "Call Option") to require Ma'aden to sell to Alcoa all of the Option Interests on the terms set out in this Clause 17.
Put and Call Option. (a) Commencing upon the termination of Seller’s employment with the Company for any reason and ending on the fifth anniversary of such termination (the “Cut-Off Date”), the Seller shall have the right and option at any time and from time to time to sell to Purchasers some or all of the Shares held, or that may be issued upon exercise of Options held by Seller at the date of termination of Seller’s employment (the “Covered Shares”) upon not less than fifteen (15) days’ prior written notice to Purchasers (the “Put Exercise Notice”). The Put Exercise Notice shall state the number of Covered Shares to be sold to Purchasers (the “Put Shares”). Upon delivery of the Put Exercise Notice, the Seller shall be obligated to sell the Put Shares to the Purchasers, and each Purchaser shall be obligated to purchase one-third of the Put Shares from Seller. The purchase price for the Put Shares shall be the Purchase Price, determined as of the date the Put Exercise Notice is delivered to Purchasers or such other date that may be agreed between Seller and at least two of the Purchasers. The closing of the purchase and sale of the Put Shares shall be within twenty (20) days of delivery of the Put-Exercise Notice.
Put and Call Option. 6.1 In the event that the Board passes a resolution on a matter that is not a Reserved Matter, and no Alfa Directors have voted in favour of such resolution (including, without limitation, because the Alfa Directors voted against such resolution, abstained from voting, or were not present at the relevant Board meeting) then Alfa shall have the option to require Cukurova to purchase all of Alfa’s CTH Shares for an amount equal to the Option Price multiplied by the number of CTH Shares held by Alfa at the time.
Put and Call Option. 9.1. We may require you to transfer your rights in this Agreement to us (or our nominee) by us giving you an Exercise Notice if:
Put and Call Option. (a) During the period commencing April 1, 2026 and on or prior to June 30, 2027 (the “Put Only Period”), or on or after July 1, 2027 (the “Put/Call Option Period”), CH shall have the right, but not the obligation, to deliver an irrevocable written notice of election to the Purchasers (the “Put Notice”, and the transaction resulting from the Put Notice, the “Put”) to initiate the purchase by the Purchasers from CH of all or a portion of the Profits Interest (as specified in the applicable Put Notice, the “Put Interest”) on the terms and subject to the conditions set forth in Section 2. Any portion of the Profits Interest not purchased as of any given date that remains subject to a Put or a Call (as defined below) shall be referred to herein as the “Outstanding Profits Interest.”
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Put and Call Option. (a) For the purposes of this clause 22.5:‌
Put and Call Option. (a) Upon the determination of the Final Performance Amount for an applicable Measurement Period (such date, the “Determination Date”), each Class B Member (as applicable, the “Put/Call Seller”) shall have the right to require the Parent or USC Atlantic, Inc. to purchase, any then vested Class B Incentive Interests (but in no event any unvested Class B Incentive Interests) held by such
Put and Call Option. 10.8.1. Following the Initial Closing Date, in the event there is a change in Control of either of Ester or Loop (“CoC Party”; accordingly, the other Party shall be referred to as the Non-CoC Party for the purposes of this Clause 10.8), the following provisions shall apply:
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