Rights upon Exercise. In the event that the Repurchase Option is exercised or deemed exercised, the sole right and remedy of the Purchaser thereafter shall be to receive the Repurchase Price, and in no case shall the Purchaser have any claim of ownership as to any of the Unreleased Shares.
Rights upon Exercise. All shares issued upon exercise of this Warrant shall be validly issued, fully paid and non-assessable, shall be free from all taxes, liens, and charges with respect to the issuance thereof (other than any encumbrances created by or imposed upon Holder), and shall have the same rights, preferences and privileges, and be subject to the same restrictions, as the Warrant Stock generally. In addition to the covenant set forth in Section 5.2 of the Purchase Agreement, Holder acknowledges and agrees that, upon exercise of this Warrant, Holder shall be required to execute and deliver such other documents (including by way of illustration and without limitation, stock purchase, stockholders, investor rights, voting and/or co-sale agreements) as may be required to xxxxx Xxxxxx the same rights, and subject Holder to the same duties and obligations, as Holders of Warrant Stock generally.
Rights upon Exercise. This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided in Section 2 hereof, and the person entitled to receive the shares of Common Stock issuable upon such exercise shall be treated for all purposes as the holder of record of such shares as of the close of business on such date. Unless exercised in connection with an underwritten public offering, as promptly as practicable on or after such date and in any event within seven (7) days thereafter, the Company at its expense shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of shares issuable upon such exercise. In the event that this Warrant is exercised in part, the Company at its expense will execute and deliver a new Warrant of like tenor exercisable for the number of shares for which this Warrant may then be exercised. In the event of exercise at the time of an underwritten public offering, the Company will provide instructions as to the exercise of this Warrant and the issuance of certificates.
Rights upon Exercise. All shares issued upon exercise of this Warrant shall be validly issued, fully paid and non-assessable, shall be free from all taxes, liens, and charges with respect to the issuance thereof (other than any encumbrances created by or imposed upon Holder), and shall have the same rights, preferences and privileges, and be subject to the same restrictions, as the Common Stock generally. Holder acknowledges and agrees that, upon exercise of this Warrant, Holder shall be required to execute and deliver a joinder to the Company’s Third Amended and Restated Stockholders Agreement, as the same may be amended from time to time (the “Stockholders’ Agreement”) and such other documents (including by way of illustration and without limitation, stock purchase, investor rights, voting and/or co-sale agreements) as may be required to xxxxx Xxxxxx the same rights, and subject Holder to the same duties and obligations, as Holders of Common Stock generally.
Rights upon Exercise. You will not have any rights to dividends or other rights of a stockholder with respect to the Shares subject to the Option until you have given written notice of the exercise of your Option, paid in full for such Shares and, if applicable, satisfied any other conditions imposed by the Committee pursuant to the Brio Retainer Agreement.
Rights upon Exercise. The Director will not have any rights to dividends or other rights of a stockholder with respect to the Shares subject to an Option until the Director has given written notice of the exercise of the Option, paid the Exercise Price and any applicable taxes for such shares in full, satisfied any other conditions imposed pursuant to the Plan, if applicable, and become a holder of record of the purchased Shares.
Rights upon Exercise. Upon receipt by the Company of this Warrant, the Warrant Exercise Form, and valid payment for the Shares, the Holder shall be deemed to be the holder of record of the Shares notwithstanding that the transfer books of the Company shall then be closed or that certificate representing such Shares shall not then be actually delivered to the Holder. Such certificate shall be delivered by the Company as soon as practicable after exercise of this Warrant.
Rights upon Exercise. The Employee will not have any rights to dividends or other rights of a stockholder with respect to the Shares subject to an Option until the Employee has given written notice of the exercise of the Option, paid the Exercise Price and any applicable taxes for such shares in full, satisfied any other conditions imposed by the Board pursuant to the Plan, if applicable, and become a holder of record of the purchased Shares.
Rights upon Exercise. In the event that the Repurchase Option is exercised or deemed exercised, the sole right and remedy of the Purchaser thereafter shall be to receive the Repurchase Price, and in no case shall the Purchaser have any claim of ownership as to any of the Unreleased Shares. D. Assignability. The Company in its sole discretion may assign all or part of the Repurchase Option to one or more employees, officers, directors or stockholders of the Company or other persons or organizations. 4. Release of Shares from Repurchase Option; Vesting.
Rights upon Exercise. In the event that a Share Repurchase Option is exercised, the sole right and remedy of the Restricted Shareholder thereafter will be to receive the Repurchase Price, and in no case will the Restricted Shareholder have any claim of ownership as to any of the Shares being purchased as a result of the exercise of a Share Repurchase Option.