Common use of STATEMENT OF OPTION Clause in Contracts

STATEMENT OF OPTION. Where any adjustment which by reason of Section 9.1(c) hereof is not required to be made immediately shall be carried forward and taken into account in any subsequent adjustment and the Option certificate or certificates theretofore or thereafter issued may continue to express the same price and number and kind of shares as are stated in the Option initially issuable pursuant to this Agreement.

Appears in 6 contracts

Samples: Option Agreement (Powersource Corp), Option Agreement (Powersource Corp), Option Agreement (Powersource Corp)

AutoNDA by SimpleDocs

STATEMENT OF OPTION. Where any adjustment which by reason of Section 9.1(c10.1(c) hereof is not required to be made immediately shall be carried forward and taken into account in any subsequent adjustment and the Option certificate or certificates theretofore or thereafter issued may continue to express the same price and number and kind of shares as are stated in the Option initially issuable pursuant to this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Aspac Communications Inc /New), Incentive Stock Option Agreement (Aspac Communications Inc /New)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!