Consideration Options definition

Consideration Options means the 666,666,667 options issued to the Seller (and/or their nominee(s)), exercisable in accordance with the terms and conditions as set out in Schedule 2.

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Consideration Options means the 2,760,000 options to purchase Common Shares in the capital of the Purchaser at a price of $0.05 per share to be issued to the holders of the Purchased Options, as set forth on Schedule “B” to this Agreement;

Consideration Options means the 15 million Options having the terms and conditions set out in Annexure A to be issued to Austral Gold Canada Limited at Completion of the Pinguino Acquisition.

Examples of Consideration Options in a sentence

• Pursuant to the Exchange, the Consideration Shares and Consideration Options for these interests shall be issued directly to TKWD/OptiNose LLC.

• The Consideration Shares when so issued, sold and delivered against payment therefor (by way of exchange of the NORCO Shares and/or NORCO Notes) in accordance with the provisions of this Agreement and the shares of capital stock issuable upon exercise of the Consideration Options when issued upon such exercise, will be duly and validly issued, fully paid and nonassessable, and free and clear of any lien or encumbrance other than as provided under the New Shareholders Agreements (as defined below).

• Each party to the 2005 Subscription Agreement hereby confirms that, upon exchange of the NORCO Options for the Consideration Options at the Closing, the NORCO Options set forth in the 2005 Subscription Agreement shall be of no further force and effect.

• Shareholder approval The issue of AHI ASX Shares and AHI Options that is contemplated in this Heads of Agreement is subject to and conditional on the Purchaser obtaining the required approvals from its shareholders at a General Meeting to issue AHI ASX Shares to the Selling Shareholders and the Consideration Options to the current holders of Physimax Options (Shareholder Approval).

• Upon receipt of a confirmation from each Securityholder’s VPS Bank that the NORCO Shares have been transferred to DELCO in compliance with the Transfer Note and this Agreement, DELCO shall promptly deliver or cause to be delivered to each Securityholder share certificates representing the Consideration Shares, and the warrants representing the Consideration Options, that such Securityholder is entitled to pursuant to the Exchange.

More Definitions of Consideration Options

Consideration Options means the incentive stock options of the Recipient, issued in consideration for the Vendors Options, pursuant to the terms of this Agreement, each entitling the holder to acquire Recipient Shares on substantially the same terms as the Company Options, in an amount equivalent to the number of Vendors Options outstanding on Closing, and at a price, adjusted for the Exchange Ratio.

Consideration Options means the incentive stock options of Ripper that will be exercisable to purchase an aggregate of 1,750,000 Ripper Shares that will be issued to the holders of the Talisker Options on a pro rata basis in consideration for the Talisker Options pursuant to the Amalgamation, and

Consideration Options means 700,000 share purchase options of the Purchaser issuable to the Vendors pursuant to the terms of this Agreement, each of which entitles the holder to acquire an additional Purchaser Share at a price of $0.30 for a period of sixty (60) months following the Closing Date.

Consideration Options has the meaning set forth in Section 1.1(b).

Consideration Options means the incentive stock options to be issued by the Corporation to holders of DOJA Options pursuant to the terms of the Amalgamation Agreement, and which shall entitle the holder thereof to purchase, subject to adjustment, one Common Share at a price of $0.42 per Common Share, on substantially the same terms as the DOJA Options.

Consideration Options means the options to acquire Continental Holdco Shares to be granted to

Consideration Options means the incentive stock options of Ripper that will be exercisable to purchase an aggregate of 1,750,000 Ripper Shares that will be issued to the holders of the Talisker Options on a pro rata basis in consideration for the Talisker Options pursuant to the Amalgamation, and each Consideration Option will entitle the holder to acquire one Ripper Share at an exercise price of $0.10 per Ripper Share until the original expiry date of the Talisker Option, in accordance with the terms and conditions of the Ripper stock option plan;