Common use of Subscription for and Allocation of the Stock Acquisition Rights Clause in Contracts

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20, 2019 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

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Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20November 20, 2019 2014 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20December 9, 2019 2009 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded. (2) Payment in exchange for Stock Acquisition Rights: The Stock Acquisition Rights are issued without payment of any consideration to the Corporation. (3) Amount to be paid in per share to be issued or transferred upon exercise of the Stock Acquisition Rights (hereinafter referred to as the “Exercise Price”) is initially:

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20November 22, 2019 2011 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded. (2) Payment in exchange for Stock Acquisition Rights: The Stock Acquisition Rights are issued without payment of any consideration to the Corporation. (3) Amount to be paid in per share to be issued or transferred upon exercise of the Stock Acquisition Rights (hereinafter referred to as the “Exercise Price”) is initially: 1, 523 yen (4) Period during which the Stock Acquisition Rights may be exercised: As provided for in Exhibit 3 of this Agreement

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20November 18, 2019 2020 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20November 18, 2019 2010 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

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Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20November 22, 2019 2011 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20November 20, 2019 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

Subscription for and Allocation of the Stock Acquisition Rights. The Qualified Person hereby applies for subscription for the number of Stock Acquisition Rights set forth in the main body of this Agreement, which such Stock Acquisition Rights are to be issued in accordance with the Terms and Conditions, and pursuant to this Agreement, the Corporation allocates such number of the Stock Acquisition Rights to the Qualified Person in accordance with the following terms on November20December 4, 2019 2012 (hereinafter referred to as the “Allotment Date”). (1) Class and number of shares to be issued or transferred upon exercise of each Stock Acquisition Right: In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or a consolidation of the shares of common stock of the Corporation, the number of shares to be issued or transferred upon exercise of each Stock Acquisition Right (hereinafter referred to as the “Number of Granted Shares”) shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before Adjustment x Ratio of split or consolidation Provided, however, that such adjustment shall be made only with respect to the Number of Granted Shares for the Stock Acquisition Rights which have not been exercised at the time of the adjustment. Any fraction less than one (1) share resulting from the adjustment shall be disregarded.

Appears in 1 contract

Samples: Stock Acquisition Rights Agreement (Sony Corp)

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