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.
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.
All payments under this Section 8.02 shall be made by wire transfer of immediately available funds to an account designated by Buyer.
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.
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.
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").
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We give you notice pursuant to Clause [4] of the Agreement of our exercise of the Option in relation to the Additional Option Shares.
For the avoidance of doubt, in the event you are not in the employ of the Company on the Six Month Date, the Additional Option Shares will expire and terminate in full and you will not have any right to exercise the Additional Option Shares to purchase any of the such Additional Option Shares.