UK Creditor Option Agreement. Nothing in this Article 4 shall preclude a Transfer of Shares pursuant to the terms of the UK Creditor Option Agreement and UK Credit/Investor Intercreditor Agreement as in effect on the date hereof.
UK Creditor Option Agreement Sample Clauses
Related to UK Creditor Option Agreement
Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.
Stock Option Agreements The Corporation has entered into Stock Option Agreements with the following individuals: Option Number Name # Options Grant Date Options Canceled Options Outstanding 04-051 Xx, Xxx 10,000 5/4/2004 — 03-002 Xxxx, Xxx 325,000 12/16/2003 203,125 — 03-003 Xxxxxxxxx, Xxxx 650,000 12/16/2003 192,969 — 00-000 Xxxxxxxxxx, Xxxx 162,500 12/16/2003 162,500 04-003 X’Xxxxx, Xxxxxxx 8,000 2/5/2004 8,000 00-000 Xxxxxxxx, Xxxxxxxxx 30,000 2/5/2004 30,000 00-000 Xxxxxxxxx, Xxxxxxx 1,108,812 11/14/2003 — 00-000 Xxxxxxxxxx, Xxxxxxx 370,241 11/14/2003 — 03-007 Xxxxx, Xxxx Xxxxxx 304,374 11/14/2003 — 00-000 Xxxxxxxxxxxxxxxx, Xxxx 606,573 11/14/2003 — 03-004 Pitzele, Barnett 5,000 12/16/2003 1,000 — 04-001 Xxxxxxx, Xxxxxxxx 17,000 2/4/2004 17,000 00-000 Xxxxx, Xxxxxx 28,000 2/4/2004 25,725 04-004 Xxxxxxxxx, Xxxxxx 17,000 2/4/2004 17,000 04-072 Xxxxx, Xxxxx 10,000 8/12/2004 10,000 00-000 Xxxxxxxxx, Xxxxx 24,000 5/4/2004 24,000 04-071 Xxxxxxxx, Xxxxx 1,000 8/12/2004 — 04-103 Xxxxxx, Xxxxxxx 1,625,000 10/28/2004 1,625,000 04-101 Xxx, Xxxxxx 8,000 10/28/2004 8,000 — 04-102 XxXxxxxx, Xxxxx 8,000 10/28/2004 2,000 — 04-100 Xxxxxxx, Xxxxxxx 15,000 12/28/2004 15,000 — 05-01 Xxxxx, Xxxxx 10,000 12/6/2005 10,000 00-00 Xxxxxxxxxx, Xxxx 81,250 2/15/2006 81,250 06-04 Xxx, Xxxxxx 8,000 2/15/2006 8,000 — 06-05 XxXxxxxx, Xxxxx 8,000 2/15/2006 4,000 — 06-06 Xxxxxxx, Xxxxxxx 15,000 2/15/2006 15,000 — 06-01 Xx, Xxx 10,000 2/15/2006 7,500 — 06-03 Xxxxxxxx, Xxxxx 3,000 2/15/2006 2,469 — 06-07 X’Xxx, Xxxxx 570,000 2/15/2006 339,625 07-01 XxXxxxxx, Xxxxx 27,000 7/12/2007 23,625 — 07-08 Xxxxxx, Xxxxxxx 2,377,688 7/12/2007 2,377,688 07-07 X’Xxx, Xxxxx 830,941 7/12/2007 623,206 07-09 Xxxxxx, X. Xxxxxxxx 1,250,840 7/12/2007 1,250,840 00-00 Xxxxxxxxxx, Xxxx 356,653 7/12/2007 356,653 07-10 Xxxxxx, Xxxxx 500,336 7/12/2007 — 00-00 Xxxxxxxxxxxxxxxx, Xxxx 100,000 7/12/2007 100,000 07-12 Xxxxx, Xxxx Xxxxxx 540,790 7/12/2007 540,790 07-13 Xxxxxxxxxx, Xxxxxxx 660,491 7/12/2007 412,805 07-02 Xxxxxxx, Xxxxxxx 44,000 7/12/2007 8,250 — 07-03 Xxxxxxxxx, Xxxxx 16,000 7/12/2007 16,000 07-05 Xxxxxxxx, Xxxx 3,000 7/12/2007 3,000 10 07-04 Xxxxxxxxx, Xxxxxxxx 100,000 7/12/2007 62,500 07-14 Xxxxxxxx, Xxxxx 137,500 12/6/2007 137,500 00-00 Xxxxxxxxx, Xxxxxxx 8,000 12/6/2007 8,000 — 07-16 Xxxxxxx, Xxxxx 8,000 12/6/2007 8,000 — 08-01 Xxxxx, Xxxxx 60,000 2/7/2008 60,000 08-09 Xxxxxx, Xxxxxxx 3,040,081 5/8/2008 3,040,081 08-05 X’Xxx, Xxxxx 1,064,028 5/8/2008 1,064,028 08-06 Xxxxxx, X. Xxxxxxxx 950,025 5/8/2008 950,025 00-00 Xxxxxxxxxx, Xxxx 456,012 5/8/2008 456,012 08-07 Xxxxxx, Xxxxx 380,010 5/8/2008 23,751 356,259 08-02 XxXxxxxx, Xxxxxx X. 30,000 5/8/2008 30,000 08-03 Xxxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-04 Xxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-14 Xxxxxx, Xxxxxxx 1,295,640 12/3/2008 1,295,640 08-10 X’Xxx, Xxxxx 453,474 12/3/2008 453,474 08-11 Xxxxxx, X. Xxxxxxxx 404,888 12/3/2008 404,888 00-00 Xxxxxxxxxx, Xxxx 194,346 12/3/2008 194,346 08-12 Xxxxxx, Xxxxx 161,955 12/3/2008 60,734 101,221 08-26 Xxxxx, Xxxx Xxxxxx 167,891 12/3/2008 167,891 08-25 Xxxxxxxxxx, Xxxxxxx 204,715 12/3/2008 204,715 08-16 Xxxxxxxx, Xxxxx 82,500 12/3/2008 82,500 08-15 Xxxxxxxxx, Xxxxxxxx 120,000 12/3/2008 120,000 08-17 Xxxxxxx, Xxxxxxx 50,000 12/3/2008 50,000 — 08-18 Xxxxx, Xxxxx 36,000 12/3/2008 36,000 08-19 Xxxxxxxxx, Xxxx 24,000 12/3/2008 24,000 08-20 XxXxxxxx, Xxxxxx X. 18,000 12/3/2008 18,000 08-21 Xxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-22 Xxxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-23 Xxxxxxx, Xxxxx 4,800 12/3/2008 4,800 — 08-24 Xxxxxxxx, Xxxx 3,000 12/3/2008 3,000 09-01 Xxxxxxxx, Xxxxx 25,000 4/9/2009 25,000 00-00 XxXxx, Xxxxxxxx 45,000 4/9/2009 45,000 — 09-03 Xxxxxxxx, Xxxxxxxxx 75,000 4/9/2009 75,000 09-04 Xxxxxxxx, Xxxxxxxxx 75,000 12/2/2009 75,000 10-01 Xxxxxxxx, Xxxx 2,084,602 10/12/2010 2,084,602 10-02 Xxxxxxxx, Xxxx 1,765,398 10/12/2010 1,765,398 10-03 Xxxxxxxx, Xxxxxxxxx 25,000 11/30/2010 25,000 Option Number Name # Options Grant Date Options Canceled Options Outstanding 04-051 Xx, Xxx 10,000 5/4/2004 — 03-002 Xxxx, Xxx 325,000 12/16/2003 203,125 — 03-003 Xxxxxxxxx, Xxxx 650,000 12/16/2003 192,969 — 00-000 Xxxxxxxxxx, Xxxx 162,500 12/16/2003 162,500 00-000 Xxxxxxxxx, Xxxxxxx 1,108,812 11/14/2003 — 00-000 Xxxxxxxxxx, Xxxxxxx 370,241 11/14/2003 — 03-007 Xxxxx, Xxxx Xxxxxx 304,374 11/14/2003 — 00-000 Xxxxxxxxxxxxxxxx, Xxxx 606,573 11/14/2003 — 03-004 Pitzele, Barnett 5,000 12/16/2003 1,000 — 04-072 Xxxxx, Xxxxx 10,000 8/12/2004 10,000 00-000 Xxxxxxxxx, Xxxxx 24,000 5/4/2004 24,000 04-071 Xxxxxxxx, Xxxxx 1,000 8/12/2004 — 04-103 Xxxxxx, Xxxxxxx 1,625,000 10/28/2004 1,625,000 04-101 Xxx, Xxxxxx 8,000 10/28/2004 8,000 — 04-102 XxXxxxxx, Xxxxx 8,000 10/28/2004 2,000 — 04-100 Xxxxxxx, Xxxxxxx 15,000 12/28/2004 15,000 — 05-01 Xxxxx, Xxxxx 10,000 12/6/2005 10,000 00-00 Xxxxxxxxxx, Xxxx 81,250 2/15/2006 81,250 06-04 Xxx, Xxxxxx 8,000 2/15/2006 8,000 — 06-05 XxXxxxxx, Xxxxx 8,000 2/15/2006 4,000 — 06-06 Xxxxxxx, Xxxxxxx 15,000 2/15/2006 15,000 — 06-01 Xx, Xxx 10,000 2/15/2006 7,500 — 06-03 Xxxxxxxx, Xxxxx 3,000 2/15/2006 2,469 — 06-07 X’Xxx, Xxxxx 570,000 2/15/2006 339,625 07-01 XxXxxxxx, Xxxxx 27,000 7/12/2007 23,625 — 07-08 Xxxxxx, Xxxxxxx 2,377,688 7/12/2007 2,377,688 07-07 X’Xxx, Xxxxx 830,941 7/12/2007 623,206 07-09 Xxxxxx, X. Xxxxxxxx 1,250,840 7/12/2007 1,250,840 00-00 Xxxxxxxxxx, Xxxx 356,653 7/12/2007 356,653 00-00 Xxxxxxxxxxxxxxxx, Xxxx 100,000 7/12/2007 100,000 07-12 Xxxxx, Xxxx Xxxxxx 540,790 7/12/2007 540,790 07-13 Xxxxxxxxxx, Xxxxxxx 660,491 7/12/2007 412,805 07-02 Xxxxxxx, Xxxxxxx 44,000 7/12/2007 8,250 — 07-03 Xxxxxxxxx, Xxxxx 16,000 7/12/2007 16,000 07-05 Xxxxxxxx, Xxxx 3,000 7/12/2007 3,000 07-04 Xxxxxxxxx, Xxxxxxxx 100,000 7/12/2007 62,500 07-14 Xxxxxxxx, Xxxxx 137,500 12/6/2007 137,500 00-00 Xxxxxxxxx, Xxxxxxx 8,000 12/6/2007 8,000 — 07-16 Xxxxxxx, Xxxxx 8,000 12/6/2007 8,000 — 08-01 Xxxxx, Xxxxx 60,000 2/7/2008 60,000 08-09 Xxxxxx, Xxxxxxx 3,040,081 5/8/2008 3,040,081 08-05 X’Xxx, Xxxxx 1,064,028 5/8/2008 1,064,028 08-06 Xxxxxx, X. Xxxxxxxx 950,025 5/8/2008 950,025 00-00 Xxxxxxxxxx, Xxxx 456,012 5/8/2008 456,012 08-02 XxXxxxxx, Xxxxxx X. 30,000 5/8/2008 30,000 12 08-03 Xxxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-04 Xxxxxxxxx, Xxxx 10,000 5/8/2008 10,000 — 08-14 Xxxxxx, Xxxxxxx 1,295,640 12/3/2008 1,295,640 08-10 X’Xxx, Xxxxx 453,474 12/3/2008 453,474 08-11 Xxxxxx, X. Xxxxxxxx 404,888 12/3/2008 404,888 00-00 Xxxxxxxxxx, Xxxx 194,346 12/3/2008 194,346 08-26 Xxxxx, Xxxx Xxxxxx 167,891 12/3/2008 167,891 08-25 Xxxxxxxxxx, Xxxxxxx 204,715 12/3/2008 204,715 08-16 Xxxxxxxx, Xxxxx 82,500 12/3/2008 82,500 08-15 Xxxxxxxxx, Xxxxxxxx 120,000 12/3/2008 120,000 08-17 Xxxxxxx, Xxxxxxx 50,000 12/3/2008 50,000 — 08-18 Xxxxx, Xxxxx 36,000 12/3/2008 36,000 08-19 Xxxxxxxxx, Xxxx 24,000 12/3/2008 24,000 08-20 XxXxxxxx, Xxxxxx X. 18,000 12/3/2008 18,000 08-21 Xxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-22 Xxxxxxxxxx, Xxxx 6,000 12/3/2008 6,000 — 08-23 Xxxxxxx, Xxxxx 4,800 12/3/2008 4,800 — 08-24 Xxxxxxxx, Xxxx 3,000 12/3/2008 3,000 09-01 Xxxxxxxx, Xxxxx 25,000 4/9/2009 25,000 00-00 XxXxx, Xxxxxxxx 45,000 4/9/2009 45,000 — 09-03 Xxxxxxxx, Xxxxxxxxx 75,000 4/9/2009 75,000 09-04 Xxxxxxxx, Xxxxxxxxx 75,000 12/2/2009 75,000 10-01 Xxxxxxxx, Xxxx 2,084,602 10/12/2010 2,084,602 10-02 Xxxxxxxx, Xxxx 1,765,398 10/12/2010 1,765,398 10-03 Xxxxxxxx, Xxxxxxxxx 25,000 11/30/2010 25,000
Registration Rights Agreement and Escrow Agreement The parties have entered into the Registration Rights Agreement and the Escrow Agreement, each dated the date hereof.
Option Agreement Each Option granted pursuant to this Section 9 shall be evidenced by a written stock option agreement, which shall be executed by the Non-employee Director and the Company.
One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:
Full Agreement This Agreement and the other Loan Documents contain the full agreement of the parties and supersede all negotiations and agreements prior to the date hereof.
Stock Option Exercise Agreement To exercise this Option, Participant (or in the case of exercise after Participant’s death or incapacity, Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Committee from time to time (the “Exercise Agreement”), which shall set forth, inter alia, (i) Participant’s election to exercise the Option, (ii) the number of Shares being purchased, (iii) any restrictions imposed on the Shares and (iv) any representations, warranties and agreements regarding Participant’s investment intent and access to information as may be required by the Company to comply with applicable securities laws. If someone other than Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option and such person shall be subject to all of the restrictions contained herein as if such person were the Participant.
Standstill Agreement In consideration of the Confidential Information being furnished to the Receiving Party pursuant to this Agreement, the Receiving Party agrees that, for a period of one year from the date of this Agreement (or, such shorter period agreed to by the Company with a third party who is provided access to the Confidential Information for the purpose of evaluating a possible Transaction, the “Standstill Period”), unless expressly requested by the Company or its Board of Directors (or any committee thereof) in writing, the Receiving Party shall not (and shall cause its affiliates not to and shall cause its and their respective Representatives acting at its and their respective behalf not to): (a) in any manner acting alone or in concert with others, acquire, agree to acquire or make any proposal to acquire, directly or indirectly, by means of purchase, merger, business combination or in any other manner, beneficial ownership of any securities of the Company, direct or indirect rights to acquire any securities of the Company (including any derivative securities with economic equivalents of ownership of any of such securities), any right to vote or to direct the voting of any securities of the Company or any assets of the Company, (b) make, or in any way participate in, directly or indirectly, any “solicitation” of “proxies” (as such terms are used in the proxy rules of the Securities and Exchange Commission) or consents to vote, or seek to advise or influence any person with respect to the voting of, any voting securities of the Company, (c) form, join or in any way participate in a “group” (within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended) with respect to any voting securities of the Company, other than any group comprised solely of the Receiving Party and its affiliates, (d) otherwise act, alone or in concert with others, to seek to control, advise, change or influence the management, board of directors, governing instruments, policies or affairs of the Company, (e) make any public disclosure, or take any action that could require the Company to make any public disclosure, with respect to any of the matters set forth in this Agreement, other than the required amendment to the Receiving Party’s Schedule 13D filing as a result of the execution and delivery of this Agreement, (f) disclose any intention, plan or arrangement inconsistent with the foregoing or (g) have any discussions or enter into any arrangements (whether written or oral) with, or advise, assist or encourage any other persons in connection with any of the foregoing. The Receiving Party also agrees during such period not to request the Company or any of the Company Representatives, directly or indirectly, to amend or waive any provision of this Section 6 (including this sentence). Notwithstanding any provision in this Agreement to the contrary, (i) the Standstill Period shall terminate immediately if, after the date of this Agreement, (A) the Company enters into a definitive agreement with a third party to effectuate a sale of 50% or more of the consolidated assets of the Company or 50% or more of the Company’s outstanding equity securities, (B) the Company publicly announces the conclusion of its previously announced strategic review process without a definitive agreement to sell the Company, (C) the Company makes an assignment for the benefit of creditors or commences any proceeding under any bankruptcy reorganization, insolvency, dissolution or liquidation law of any jurisdiction or (D) any bankruptcy petition is filed or any such proceeding is commenced against the Company and either (1) the Company indicates its approval thereof, consent thereto or acquiescence therein, or (2) such petition application or proceeding is not dismissed within 30 days and (ii) the Standstill Period solely with respect to clause (b) of this Section 6 shall terminate ten days prior to the expiration of the applicable time period for stockholders to nominate directors for election at the Company’s 2012 annual stockholders meeting to be scheduled in accordance with Section 8 hereof (and, for the avoidance of doubt, the restrictions in clauses (c), (d), (e), (f) and (g) of this Section 6 shall not apply to the activities that were previously expressly prohibited by clause (b) of this Section 6 in the event the restrictions in clause (b) are terminated pursuant to this clause (ii)).
Termination Agreement (1) If the Franchise Agreement shall be terminated due to the expiration, both parties shall sign a Termination Agreement through negotiation completed 180 days prior to the expiration date.
Lock-Up Agreement The Underwriters shall have received all of the Lock-Up Agreements referenced in Section 4 and the Lock-Up Agreements shall remain in full force and effect.
