Examples of Common Options in a sentence
The Common Options and the Preferred Options have been validly authorized and issued.
All of the Outstanding Shares are, and all shares of Capital Stock that may be issued upon exercise of Common Options will be (upon issuance in accordance with their terms), duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute or the Company’s Organizational Documents.
A Participant must exercise Class A Common Options to acquire nine shares of Class A Common for every one share of Class L Common acquired through the exercise of Class L Common Options and Class L Common Options to acquire one share of Class L Common for every nine shares of Class A Common acquired through the exercise of Class A Common Options.
Xxxxx Notices 000 Xxxxxxxxx Xxxxx Xxxx, XX 00000 with a copy to: Xxxxx Xxxxxxxxx Attorney SCHEDULE 1 Name Common Stock Common Options Xxx X.
XxxXxxxxx SCHEDULE I Shares of Common Options to Acquire Shares Name Stock Owned of Common Stock ---- ---------------- ------------------------- Jamex X.
The Company shall take all actions that are necessary and appropriate to provide for such cancellation and conversion, as applicable, including, to the extent necessary, obtaining consent from the holders of Common Options.
Optionee must exercise Class A Common Options to acquire nine shares of Class A Common for every one share of Class L Common acquired through the exercise of Class L Common Options and Class L Common Options to acquire one share of Class L Common for every nine shares of Class A Common acquired through the exercise of Class A Common Options.
No holder of a Common Option that has an exercise price per share that is equal to or greater than the Per Share Portion of the Estimated Merger Consideration shall be entitled to any payment with respect to such Common Option before or after the Effective Time and all such Common Options shall be cancelled for no consideration.
The Class L Common Options shall have an exercise price per share of $21.20 per share of Class L Common Options, (the “Class L Common Option Price”).
Executive must exercise Class A Common Options to acquire nine shares of Class A Common for every one share of Class L Common acquired through the exercise of Class L Common Options and Class L Common Options to acquire one share of Class L Common for every nine shares of Class A Common acquired through the exercise of Class A Common Options.