Quarterly Notice and Reduction of Right. (a) No later than the last day of each month following the end of each calendar quarter prior to the Expiration Date, the Company shall give the Investor a notice setting forth the following: (i) the aggregate number of Common Shares issued during such quarter upon the exercise of Subject Employee Options, (ii) the aggregate exercise price of such Subject Employee Options for such Common Shares, and (iii) the aggregate number and exercise price of Subject Employee Options that expired unexercised or were forfeited during such quarter (the “Quarterly Notice”). The Quarterly Notice shall be accompanied by a schedule setting forth, in the form of tranches of the same exercise dates and exercise prices, all unexercised Subject Employee Options as of the end of such quarter.
Appears in 4 contracts
Samples: Stock Purchase Right Agreement (Wpm, L.P.), Stock Purchase Right Agreement (Fidelity National Information Services, Inc.), Stock Purchase Right Agreement (Wpm, L.P.)
Quarterly Notice and Reduction of Right. (a) No later than the last day of each month following the end of each calendar quarter prior to the Expiration Date, the Company shall give the Investor a notice setting forth the following: (i) the aggregate number of Common Shares issued during such quarter upon the exercise of Subject Employee Options, Options (ii) the aggregate exercise price of such Subject Employee Options for such Common Shares, and (iii) the aggregate number and exercise price of Subject Employee Options that expired unexercised or were forfeited during such quarter (the “Quarterly Notice”). The Quarterly Notice shall be accompanied by a schedule setting forth, in the form of tranches of the same exercise dates and exercise prices, all unexercised Subject Employee Options as of the end of such quarter.
Appears in 3 contracts
Samples: Stock Purchase Right Agreement (Marshall & Ilsley Corp/Wi/), Stock Purchase Right Agreement (Warburg Pincus LLC), Stock Purchase Right Agreement (Metavante Technologies, Inc.)
Quarterly Notice and Reduction of Right. (a) No later than the last day of each month following the end of each calendar quarter prior to the Expiration Date, the Company shall give the Investor a notice setting forth the following: (i) the aggregate number of Common Shares issued during such quarter upon the exercise of Subject Employee Options, (ii) the aggregate exercise price of such Subject Employee Options for such Common Shares, and (iii) the aggregate number and exercise price of Subject Employee Options that expired unexercised or were forfeited during such quarter (the “Quarterly Notice”). The Quarterly Notice shall be accompanied by a schedule setting forth, in the form of tranches of the same exercise dates and exercise prices, all unexercised Subject Employee Options as of the end of such quarter.
Appears in 2 contracts
Samples: Stock Purchase Right Agreement (Metavante Technologies, Inc.), Stock Purchase Right Agreement (Warburg Pincus LLC)
