Vesting of the Warrant. The Warrant is vested in full upon issuance. c.
Vesting of the Warrant. The Warrant is fully vested and may be exercised on or after the Issuance Date in accordance with the terms of this Agreement and the Warrant.
Vesting of the Warrant. The Warrant is vested as of the Vesting Date and may be exercised on or after the Vesting Date in accordance with the terms of this Agreement and the Warrant.
Vesting of the Warrant. The Warrant Units shall vest (i) 25% upon the issuance of this Warrant, and (ii) 25% upon each of the first, second and third anniversaries of the issuance of this Warrant. Notwithstanding the foregoing:
Vesting of the Warrant. The Shares subject to this Warrant shall vest according to the following schedule:
Vesting of the Warrant. The Warrant shall vest and shall become exercisable only as follows (and in all cases only prior to the Expiration Date):
Vesting of the Warrant. Warrant No. One to purchase 25,000 Warrant Shares shall immediately vest and may be exercised on or after the date hereof in accordance with the terms of this Agreement and the Warrant Certificate. Warrant No. Two to purchase 25,000 Warrant Shares may be exercised and will vest on the earlier of (i) a Change of Control (as hereinafter defined) of the Company or (ii) January 1, 1998, in the event that the Company has requested and the Warrant Holder has agreed to continue to perform the Services through December 31, 1998; provided, however, that in the event on January 1, 1998, (i) there has been no Change of Control of the Company or (ii) the Company has not requested or the Warrant Holder has not agreed to provide services through December 31, 1998, then Warrant No. Two shall not vest, may not be exercised, and shall be of no force or effect. For this purpose, a "Change of Control" is: (i) the consummation of a merger, consolidation or other reorganization of the Company pursuant to which control of more than 50% of the Company's voting securities has changed; (ii) successful completion of a tender offer for more than 50% of the Company's outstanding capital stock; (iii) or the sale of all or substantially all of the assets of the Company to any person other than AKAUSA Limited and/or its affiliates or Jeffxxx X. Xxxxxxxxxx xxx his affiliates.
Vesting of the Warrant. (a) [_____________________]
Vesting of the Warrant. The Warrant herein shall be vested in full upon issuance.
