Examples of Class B Common Stock Option in a sentence
The exercise price for the shares of Blockbuster Class B Common Stock purchased pursuant to the Blockbuster Class B Common Stock Option shall be the Market Price of the Blockbuster Class A Common Stock as of the date of first delivery of notice of exercise of the Blockbuster Class B Common Stock Option by Viacom International to Blockbuster.
The Class B Common Stock Option shall be assignable, in whole or in part and from time to time, by Ford to any Ford Entity.
The exercise price for the shares of Class B Common Stock purchased pursuant to the Class B Common Stock Option shall be the Market Price of the Class A Common Stock as of the date of first delivery of notice of exercise of the Class B Common Stock Option by Xxxxxx Xxxxxxx (or its permitted assignee hereunder) to MSCI.
The Blockbuster Class B Common Stock Option may be exercised by Viacom International for a number of shares equal to or less than the number of shares that are necessary for the Viacom International to maintain, in the aggregate, the then-current Ownership Percentage.
Notwithstanding the foregoing, Ford shall not be entitled to exercise the Class B Common Stock Option in connection with the Initial Public Offering of the Class A Common Stock if, upon the completion of the Initial Public Offering, including the full exercise of all underwriters' over-allotment options granted in connection therewith, the Ownership Percentage would be no less than 80%.
The Class B Common Stock Option shall be assignable, in whole or in part and from time to time, by Xxxxxx Xxxxxxx to any Xxxxxx Xxxxxxx Entity.
The Class B Common Stock Option may be exercised by Xxxxxx Xxxxxxx (or any Xxxxxx Xxxxxxx Entity to which all or any part of the Class B Common Stock Option has been assigned) only for such number of shares as are necessary to prevent a Xxxxxx Xxxxxxx Ownership Reduction.
The exercise price for the shares of Class B Common Stock purchased pursuant to the Class B Common Stock Option shall be the Market Price of the Class A Common Stock as of the date of first delivery of notice of exercise of the Class B Common Stock Option by Ford (or its permitted assignee hereunder) to Hertz.
Notwithstanding the foregoing, Xxxxxx Xxxxxxx shall not be entitled to exercise the Class B Common Stock Option in connection with the Initial Public Offering of the Class A Common Stock.
Notwithstanding the foregoing, Viacom International shall not be entitled to exercise the Blockbuster Class B Common Stock Option in connection with the IPO of the Blockbuster Class A Common Stock if, upon the completion of the IPO, including the full exercise of all underwriters' over-allotment options granted in connection therewith, the Ownership Percentage would be greater than 80%.