Additional Option Shares definition
Examples of Additional Option Shares in a sentence
There are no preemptive rights with regard to the issuance of the Restricted Shares, Initial Option Shares and Additional Option Shares to the Executive.
All payments under this Section 8.02 shall be made by wire transfer of immediately available funds to an account designated by Buyer.
For the avoidance of doubt, in the event Optionee is not in the employ of the Company on the Six Month Date, the Option with respect to the Additional Option Shares will expire and terminate in full and Optionee will not have any right to exercise the Option to purchase any of the Additional Option Shares.
The Additional Option Shares will vest on a monthly basis at the end of each month over a one (1) year period by means of twelve consecutive monthly installments of 3,500 Additional Option Shares, subject to the Executive’s continued service to the Company, including employment or continued Board service, on such vesting dates.
The Additional Option Shares shall become immediately exercisable upon the occurrence of certain events described in sections 7 and 8 of this Agreement.
Name: Title: Underwriter Total Number of Firm Shares and Accompanying Firm Warrants to be Purchased Number of Additional Option Shares and Accompanying Option Warrants to be Purchased if the Option is Fully Exercised Aegis Capital Corp.
And, well, the bakers gave generously [because] we were locals, from the same neighbourhood» (A4 Producciones Socio-culturales, Argentina).«We saw the need to create meeting places with the community, not only on the radio but also opening our meeting room.
In lieu of any past bonus awards for which the Executive was entitled to be considered, the Executive is hereby granted an incentive stock option ("Additional Incentive Option") under the Option Plan to purchase 200,000 shares of Common Stock of the Company (the "Additional Option Shares") at $.50 per share.
During the period from and including the date hereof through and including June 21, 1998, the Parent, the Company and Metro will negotiate in good faith the terms on which Metro would exchange the Subscription Shares and the Additional Option Shares and Telegate Exchange Shares, or its right to acquire the Additional Option Shares and the Telegate Exchange Shares, for Class A common shares, par value $.00457 per share, of the Parent ("Parent Shares").
The parties agree that the Original Option Shares and the Additional Option Shares (collectively, the "Option Shares") will continue to vest through the Step Down Date in accordance with the vesting schedule set forth in the Original Grant and the Additional Grant, respectively (i.e. in both cases 2.083% per month).