Class B Option definition

Class B Option means an option to purchase a number of shares -------------- of Common Stock, as specified in an option agreement, identified as a "Class B Option," which shall be subject to the exercise and termination provisions set forth in Section 8(b) hereof.
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Class B Option means an Option evidenced by a Class B Option Agreement.
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Class B Option has the meaning ascribed thereto in the Post Enforcement Call Option Deed;
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Examples of Class B Option in a sentence

  • The Option also entitles the Optionee to purchase 1,556 shares of the Company's Class B Common Stock at a price equal to $100.00 per share (the "Class B Option Exercise Price" and, collectively with the Class A Option Exercise Price, the "Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class B Common Stock as of the Effective Date.

  • Following the Effective Time, each Class B Optionholder shall cease to have any rights with respect to his or her Class B Options, except the right to receive the applicable Class B Option Merger Consideration for each Class B Option to be paid hereunder.

  • No Assignment of Shares in violation of this Agreement or the Class A Option or Class B Option shall be valid or effective, and neither the Company nor the Members shall recognize the same for the purpose of making allocations or Distributions.

  • If any of the preceding circumstances exist, the time for exercising the Class B Member’s option under this Section 7.03 shall toll until such time as such circumstance no longer exists and such date shall be considered the date of the Class B Option Event.

  • The Class C Option Shares, together with the Class B Option Shares and the Class A Option Shares are collectively referred to herein as the "Option Shares".


More Definitions of Class B Option

Class B Option means the option to acquire 0.26664 of a Class B LP Unit in the Partnership for the subscription price of $.00001 per one (1) whole Class B LP Unit, for every Unit in the Trust sold by Selling Agents. See Item 7 - “Compensation Paid to Sellers and Finders”;
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Class B Option has the meaning set forth in Section 12.1(b)(vi).
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Class B Option shall have th▇ ▇▇▇▇i▇▇ ▇▇▇igned to it in the Philip Morris Agreement.
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Class B Option means an option to purchase a number of shares of Common Stock, as specified in an option agreement, identified as a “Class B Option,”
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Class B Option means an option to acquire Class B Common Stock that is outstanding and unexercised immediately prior to the Effective Time.
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Class B Option means the Class B Option to purchase shares of Common Stock granted to the Optionee pursuant to this Option Agreement and described in Section 2(b) below.
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Class B Option has the meaning set forth in Section 3.02(c).
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