Compensation Option Share definition

Compensation Option Share has the meaning ascribed thereto on the second page of this Agreement;
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Compensation Option Share has a meaning given to that term in section , and “Compensation Option Shares” means more than one Compensation Option Share;
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Compensation Option Share means a Common Share that is issuable upon exercise of a Compensation Option;
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Examples of Compensation Option Share in a sentence

  • Each Compensation Option issued to the Agents entitles the holder thereof to acquire one unit (a "Compensation Option Unit") at the exercise price of $0.51 per Compensation Option Unit for a period of 24 months following the Closing Date, each Compensation Option Unit being comprised of one Common Share (a "Compensation Option Share") and one Warrant (a "Compensation Option Warrant").

  • Each Compensation Option Unit will, upon exercise and receipt of payment therefor, entitle the holder to receive: (a) one common share of the Issuer (a “Compensation Option Share”) and one-half of one non-transferable common share purchase warrant (each whole warrant, a “Compensation Option Warrant”) until the date that is two years from the closing date; and (b) thereafter, one Compensation Option Share.

  • Each Compensation Option will entitle the holder thereof to acquire one Compensation Option Share at a price of $1.25 per share at any time on or before the date which is 24 months following the Escrow Release Date, all pursuant to the terms and conditions of the Compensation Option Certificates, the form of which is attached hereto as Schedule "C".

  • Each Compensation Option will entitle the holder thereof to acquire one Compensation Option Share at a price of $1.00 per share at any time on or before the date which is 24 months following the Escrow Release Date, all pursuant to the terms and conditions of the Compensation Option Certificates, the form of which is attached hereto as Schedule "C".

  • Each Compensation Option will entitle the holder on exercise thereof to purchase, for a period of one year from the Closing Date one common share of the Corporation (each, a "Compensation Option Share") at a price of $1.30 per Compensation Option Share.

  • The Compensation Options shall be exercisable into Compensation Option Shares at an exercise price of $1.25 per Compensation Option Share for a period of two (2) years following the Closing Date.

  • Each Compensation Option entitles the holder to purchase one (1) Common Share (a “Compensation Option Share”) at a price of $0.40 per Compensation Option Share for a period of 24 months after the Closing; provided however, any Agency Fee payable and Compensation Options issuable in respect of Units sold to persons included on a president’s list to be provided by the Company (up to a maximum gross proceeds of $2,000,000) shall be reduced by 50%.

  • Agent’s Compensation:The Agent will receive the Agent’s Commission equal to 8% of the gross proceeds of the Offering, and the Agent’s Options entitling the Agent to purchase that number of Common Shares as is equal to 8% of the number of Units sold under the Offering at a price of $0.10 per Compensation Option Share for a period of 24 months from the Listing Date.


More Definitions of Compensation Option Share

Compensation Option Share has the meaning ascribed thereto on page 2;
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Compensation Option Share have the respective meanings given to them in Section 8.2;
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Related to Compensation Option Share

  • Compensation Options has the meaning ascribed in Section 8.1.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Director Option means an Option granted pursuant to Section 6.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Option means a stock option granted pursuant to the Plan.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.