Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT D (the "Stock Option Agreement"), pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 shares of Company Common Stock at an exercise price equal to $54.00 per share. Such option shall become exercisable only in the events described in the Stock Option Agreement.
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Samples: Agreement and Plan of Merger (Arterial Vascular Engineering Inc), Agreement and Plan of Merger (Medtronic Inc)
Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT D Exhibit E (the "Stock Option Agreement"), pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 such number of shares of Company Common Stock as equals 19.9% of the aggregate number of outstanding shares of Company Common Stock at an exercise price equal to $54.00 60.00 per share. Such option shall become exercisable only in the events described in the Stock Option Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Medtronic Inc), Agreement and Plan of Merger (Xomed Surgical Products Inc)
Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT D (the "Stock Option Agreement")Exhibit E, pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 such number of shares of Company Common Stock as equals 19.9% of the aggregate number of outstanding shares of Company Common Stock, at an exercise price equal to $54.00 27.50 per shareshare or such lesser amount as is described in the second paragraph of Section 1.3(a) hereof. Such option shall become exercisable only in the events described in the Stock Option Agreement.
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Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT D (the "Stock Option Agreement")E, pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 such number of shares of Company Common Stock as equals 19.9% of the aggregate number of outstanding shares of Company Common Stock, at an exercise price equal to $54.00 27.50 per shareshare or such lesser amount as is described in the second paragraph of Section 1.3(a) hereof. Such option shall become exercisable only in the events described in the Stock Option Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Physio Control International Corp \De\)
Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT D (the "Stock Option Agreement"), pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 such number of shares of Company Common Stock as equals 19.9% of the aggregate number of outstanding shares of Company Common Stock at an exercise price equal to $54.00 115 per share. Such option shall become exercisable only in the events described in the Stock Option Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Sofamor Danek Group Inc)
Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT Exhibit D (the "Stock Option Agreement"), pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 such number of shares of Company Common Stock as equals 19.9% of the aggregate number of outstanding shares of Company Common Stock at an exercise price equal to $54.00 115 per share. Such option shall become exercisable only in the events described in the Stock Option Agreement.
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