Compensation Option Warrants definition

Compensation Option Warrants has the meaning given to it above; “Compensation Options” has the meaning given to it above;
Compensation Option Warrants means the Warrants issuable upon exercise of the Compensation Options;
Compensation Option Warrants has the meaning ascribed to such term in Section 9 hereof;

Examples of Compensation Option Warrants in a sentence

  • Each of the Underwriters acknowledges and agrees that the Compensation Warrants, the Compensation Option Units and the Compensation Option Warrants may not be exercised in the United States or by or on behalf or for the benefit of a U.S. Person or a person in the United States, unless such exercise is not subject to registration under the U.S. Securities Act or the securities laws of any state of the United States.

  • The Unit Shares, Warrants, Warrant Shares, Compensation Options, Compensation Option Units, Compensation Option Unit Shares, Compensation Option Warrants and the Compensation Option Unit Warrant Shares shall collectively be referred to as the “Offered Securities”.

  • If the Compensation Option Warrants are accelerated prior to the exercise of the Compensation Option, each Compensation Option Warrant will expire 30 days after the date of exercise of the Compensation Option.

  • The Compensation Options, Compensation Option Units, Compensation Option Shares and Compensation Option Warrants shall be referred to herein as the “Compensation Securities”.

  • If the Compensation Options are exercised and the Compensation Option Warrants issued, if exercised, would result in gross proceeds of US$878,148.

  • The Company will ensure that the Compensation Option Warrants shall be duly and validly created, authorized and issued and shall have the attributes corresponding to the description thereof set forth in this Agreement and the Compensation Option Certificates.

  • As at December 31, 2006, none of the 97,572 Compensation Option Warrants have been issued as a result of the Compensation Options not being exercised.

  • A total of 3,766,781 Warrants, of which 3,536,057 Warrants shall be issuable to purchasers of Units, and of which up to a maximum of 230,724 Compensation Option Warrants shall be issuable pursuant to the exercise of Compensation Options, are hereby created and authorized to be issued on the applicable Issue Date in accordance with the terms and conditions hereof.

  • The Compensation Option Warrant Shares have been duly and validly authorized for issuance and, when issued, delivered and paid for upon the due exercise of the Compensation Option Warrants in accordance with the terms of Compensation Option Warrant Certificates, will be validly issued as fully paid and non-assessable Common Shares.

  • The Company will ensure that at all times prior to expiry of the Compensation Option Warrants, sufficient Compensation Option Warrant Shares are allotted for issuance upon the due and proper exercise of the Compensation Option Warrants.


More Definitions of Compensation Option Warrants

Compensation Option Warrants has the meaning ascribed thereto in Section 15; “Compensation Options” has the meaning ascribed thereto in Section 15;
Compensation Option Warrants has the meaning ascribed to such term in Section 14(a) hereof.
Compensation Option Warrants has the meaning given to it above;
Compensation Option Warrants means the Warrants comprising the Units issued pursuant to the exercise of the Compensation Options, if any;
Compensation Option Warrants means the Warrants forming part of the Compensation Units;
Compensation Option Warrants means the common stock purchase warrants of the Company issuable upon exercise of the Compensation Options;

Related to Compensation Option Warrants

  • Compensation Options has the meaning ascribed thereto on the face page of this Agreement;

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

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

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

  • 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.

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

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.