Right to Exercise Prematurely Sample Clauses

Right to Exercise Prematurely. 9 5.6 Right to Exercise on Attaining Age 65................................... 10 5.7 Right to Exercise More than Three Years after Date of Grant............. 10 5.8 Employee Transferred to other member of the Group....................... 10 5.9 Transfer of Employment within Group..................................... 10 5.10 Lapse of Options....................................................... 11 6. TAKEOVER, RECONSTRUCTION AND AMALGAMATION AND LIQUIDATION................... 12 6.1 Take-over pursuant to General Offer..................................... 12 6.2 Take-over pursuant to Scheme of Arrangement............................. 12 6.3 Scheme of Arrangement without Change of Control......................... 12 6.4 Compulsory Acquisition of Shares........................................ 12 6.5 Voluntary Winding Up of the Company..................................... 13 6.6
Sample 1
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Right to Exercise Prematurely. An Option may be exercised by an Option Holder within the period of six months following the date on which he ceases to hold any office or employment with a Participating Company on account of: a injury or disability; or THE RULES OF THE OCTEL CORP. SAVINGS-RELATED SHARE OPTION SCHEME ________________________________________________________________________________ b redundancy (within the meaning of the Employment Rights Act 1996); or c retirement on reaching age 65 d the transfer of the undertaking or part-undertaking in which the Option Holder is employed to a person other than a Participating Company or an Associated Company of a Participating Company; or e the Company by which the Option Holder is employed ceasing to be under the Control of the Company.
Sample 1

Related to Right to Exercise Prematurely

  • Right to Exercise Option 3.1 The right to exercise the Option shall terminate forthwith upon the Employee ceasing to be an employee of a Group Company except in the following cases:

  • Right to Exercise This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this Option Agreement.

  • Right to Exercise; Exercise Price The Holder shall have the right to exercise this Warrant at any time and from time to time during the period beginning on the Issue Date and ending on the Expiration Date as to all or any part of the shares of Common Stock covered hereby (the “Warrant Shares”). The “Exercise Price” for each Warrant Share purchased by the Holder upon the exercise of this Warrant shall be $2.50, subject to adjustment for the events specified in Section 6 below.

  • Failure to Exercise Option To the extent that following termination of employment or service, the Option is not exercised within the applicable periods described above, all further rights to purchase shares pursuant to the Option shall cease and terminate.

  • No Obligation to Exercise Options Notwithstanding any provision in this Agreement to the contrary, nothing in this Agreement shall obligate Stockholder to exercise any stock option of the Company or other right to acquire shares of Common Stock.

  • the Exercise Price If the Expiration Date is not a Business Day, then this Warrant may be exercised on the next succeeding Business Day.

  • Initial Exercise Price; Exercise of Rights; Detachment of Rights (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time, to purchase, for the Exercise Price, or its U.S. Dollar Equivalent as at the Business Day immediately preceding the day of exercise of the Right, one Common Share. Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries shall be void.

  • No Obligation to Exercise Option The grant and acceptance of this option imposes no obligation on the Optionee to exercise it.

  • Conditions to Exercise The purchase right represented by this Warrant may be exercised at any time, or from time to time, in whole or in part during the term commencing on the date hereof and ending at 5:00 P.M. Pacific time on the tenth anniversary of the date of this Warrant (the “Expiration Date”).

  • Rights Prior to Exercise Participant will have no rights as a shareholder with respect to the Shares except to the extent that Participant has exercised the Option and has been issued and received delivery of a certificate or certificates evidencing the Shares so purchased.

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