Xxxxxx Options. To the extent not previously exercised, Xxxxx Xxxxxx hereby agrees, within five business days prior to the Effective Time, to exercise (or cause to be exercised) all exercisable and vested options to acquire Shares beneficially owned by him as of such time pursuant to the terms of such options.
Xxxxxx Options. Xxxxxx Stock Options shall have been substituted for the Premier Options pursuant to Section 2.3 herein. The Xxxxxx Stock Option agreements shall have been delivered and the Registration Statement for the purpose of registering the shares necessary to satisfy Xxxxxx'x obligation with respect to the issuance of Xxxxxx Common Stock pursuant to the exercise of the Xxxxxx Stock Options shall have been declared effective.
Xxxxxx Options. GAMZ shall deliver or cause to be delivered to XXXXXX, prior to the Closing, an equal number of non-qualified incentive options, on terms and conditions substantially similar to those existing conditional options presently held by GAMZ' directors, to those individuals to be designated by XXXXXX.
Xxxxxx Options. Each Xxxxxx Option that has not lapsed, expired, been cancelled or exercised prior to the Effective Time and is held of record by:
Xxxxxx Options. 47 5.15 Xxxxxx Employee Stock Purchase Plan............ 48 5.16
Xxxxxx Options. (a) At the Effective Time, each outstanding option (each, a "Xxxxxx Option") to purchase shares of Xxxxxx Common Stock issued pursuant to the Xxxxxx stock option plans (including without limitation the Archive Plans, and collectively, the "Xxxxxx Option Plans"), whether vested or unvested, shall be assumed by Seagate. Accordingly, each Xxxxxx Option shall be deemed to constitute an option to acquire, on the same terms and conditions as were applicable under such Xxxxxx Option, the number, rounded down to the nearest whole integer, of full shares of Seagate Common Stock the holder of such Xxxxxx Option would have been entitled to receive pursuant to the Merger had such holder exercised such Xxxxxx Option in full, including as to unvested shares, immediately prior to the Effective Time, at a price per share equal to (y) the exercise price per share for the shares of Xxxxxx Common Stock otherwise purchasable pursuant to such Xxxxxx Option divided by (z) the Exchange Ratio, with such exercise price per share rounded up to the nearest whole cent.
Xxxxxx Options. Xxxxxx Stock Options or cash, as applicable, shall have been substituted for the Columbia Options which have not been exercised pursuant to Section 2.3 herein. Agreements evidencing the assumption of the Columbia Options pursuant to Section 2.3 shall have been delivered and the Registration Statement for the purpose of registering the shares necessary to satisfy Xxxxxx’x obligation with respect to the issuance of Xxxxxx Common Stock pursuant to the exercise of the Xxxxxx Stock Options shall have been declared effective.
Xxxxxx Options. On or prior to Closing, the Principal Shareholders and the Company shall cause all of the Xxxxxx Options to be exercised. The Xxxxxx Family Limited Partnership shall be permitted to exercise the Xxxxxx Options to purchase up to an amount such that the Xxxxxx Group will hold Series C Common Shares entitling the Xxxxxx Group to receive up to $1,000,000 of IHS Shares if, but only if, each holder of the Xxxxxx Shares shall have entered into the Xxxxxx Agreement. The Merger Consideration otherwise allocated to the Series A Common Shares hereunder shall be reduced by the amount of Merger Consideration payable to the holders of the Xxxxxx Shares under the Xxxxxx Agreement.
Xxxxxx Options. Notwithstanding any provision of the Xxxxxx -------------- Agreements to the contrary, Xxxxxx and PEREGRINE agree that as of October 23, 1995, all vesting of each of the Xxxxxx Options ceased. Section 2 of the Xxxxxx Options are hereby amended such that the First Option shall be exercisable for 150,000 shares at an exercise price of $1.01 per share; the Second Option shall be exercisable for 75,000 shares at an exercise price of $1.01 per share; the Third Option shall be exercisable for 75,000 shares at an exercise price of $2.67 per share; and the Fourth Option shall be exercisable for 112,500 shares at an exercise price of $2.67 per share. Section 2 of the Xxxxxx Options are further amended such that they shall remain exercisable until the first to occur of (i) October 23, 2000; or (ii) breach by Xxxxxx of his obligations under this Agreement, including specifically, but without limitation, his obligations under Section 1.3.6 hereof
Xxxxxx Options. Xxxxxx Stock Options shall have been substituted for the Resource Options which have not been exercised pursuant to Section 2.3 herein. Agreements evidencing the assumption of the Resource Options pursuant to Section 2.3 shall have been delivered and the Registration Statement for the purpose of registering the shares necessary to satisfy Xxxxxx’x obligation with respect to the issuance of Xxxxxx Common Stock pursuant to the exercise of the Xxxxxx Stock Options shall have been declared effective.
