Vesting of Warrant. This Warrant is immediately exercisable for an aggregate of 11,117 shares of Common Stock and on each three month anniversary of May 31, 2002 (the "Vesting Trigger Date") shall be exercisable for an additional number of shares of Common Stock equal to the product of A multiplied by B divided by C, where (A) is 1,336, (B) is the aggregate principal amount of the Notes outstanding on such three month anniversary of the Vesting Trigger Date, and (C) is $200,000
Appears in 1 contract
Samples: Warrant Agreement (Lionbridge Technologies Inc /De/)
Vesting of Warrant. This Warrant is immediately exercisable for an aggregate of 11,117 275 shares of Common Stock and on each three month anniversary of May 31, 2002 (the "Vesting Trigger Date") date hereof shall be exercisable for an additional number of shares of Common Stock equal to the product of A multiplied by B divided by C, where (A) is 1,3367,500, (B) is the aggregate principal amount of the Notes outstanding on such three month anniversary of the Vesting Trigger Dateanniversary, and (C) is $200,0001,000,000.
Appears in 1 contract
Samples: Warrant Agreement (Lionbridge Technologies Inc /De/)
Vesting of Warrant. This Warrant is immediately exercisable for an aggregate of 11,117 1,520 shares of Common Stock and on each three month anniversary of May 31, 2002 (the "Vesting Trigger Date") date hereof shall be exercisable for an additional number of shares of Common Stock equal to the product of A multiplied by B divided by C, where (A) is 1,336183, (B) is the aggregate principal amount of the Notes outstanding on such three month anniversary of the Vesting Trigger Dateanniversary, and (C) is $200,000.
Appears in 1 contract
Samples: Warrant Agreement (Lionbridge Technologies Inc /De/)
Vesting of Warrant. This Warrant is immediately exercisable for an aggregate of 11,117 99,725 shares of Common Stock and on each three month anniversary of May 31, 2002 (the "Vesting Trigger Date") date hereof shall be exercisable for an additional number of shares of Common Stock equal to the product of A multiplied by B divided by C, where (A) is 1,3367,500, (B) is the aggregate principal amount of the Notes outstanding on such three month anniversary of the Vesting Trigger Dateanniversary, and (C) is $200,0001,000,000.
Appears in 1 contract
Samples: Warrant Agreement (Lionbridge Technologies Inc /De/)