Examples of Corporation Option in a sentence
As of the date of this Agreement, the Principal Competitors are: Lincare Holdings, Inc.; Rotech Healthcare, Inc.; American HomePatient, Inc.; Coram Healthcare Corporation; Option Care, Inc.; Pacific Pulmonary Services Corporation; LifeCare Solutions, Inc.; and the home healthcare businesses of Air Products & Chemicals, Inc.
Subject to Section 12 hereof, the Corporation hereby grants to the Optionee, pursuant to the Option Plan, an option (the "Option") to purchase from the Corporation Option Shares, at a purchase price of $2.625 per Option Share (the "Option Price").
The Corporation agrees to give Founder (or his estate) notice of its intent to exercise the Corporation Option within ninety (90) days of the date of such Discontinuation Event and to pay for those shares for which it exercises such Corporation Option as follows: 3/24ths of the total price within 90 days of the date of the Discontinuation Event, with the balance to be paid in equal monthly installments over the next succeeding twenty-one months.
PMI Insurer(s): Mortgage Guaranty Insurance Corporation, PMI Mortgage Insurance Co. and Republic Mortgage Insurance Company Interest Rate Swap Counterparty: HSBC Bank USA, National Association Interest Rate Cap Counterparty: HSBC Bank USA, National Association Servicer(s): GMAC Mortgage Corporation, Aurora Loan Services LLC, JPMorgan Chase Bank, National Association, HomEq Servicing Corporation, Option One Mortgage Corporation and Xxxxx Fargo Bank, N.A. Originator(s): BNC Mortgage, Inc.
For purposes of this Agreement, “Antitrust Law” means the Xxxxxxx Act, as amended, the Xxxxxxx Act, as amended, the HSR Act, the Federal Trade Commission Act, and all Laws, Orders and judicial doctrines that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition.
Corporation hereby grants Optionee an option ("Option") to purchase shares of Common Stock of the Corporation ("Option shares") as specified in the attached Notice of Grant of Stock Option (the "Grant Notice") at an exercise price specified in the Grant Notice (the "Exercise Price") subject to the terms and conditions of this Agreement and the Grant Notice.
This Agreement constitutes the entire agreement of the parties hereto respecting the subject matter hereof and supersedes all prior agreements, understandings and discussions, whether oral or written, of the parties, except the ABC Corporation Option and Shareholder Agreement which may be entered into between the Executive and ABC Corporation.
If any or all of such Corporation Option Shares are not sold pursuant to an Offer within the time permitted above, the unsold Corporation Option Shares shall remain subject to the terms of this Section 16.
All outstanding Corporation Options shall remain exercisable for the period determined by the Corporation Board of Directors (or the Compensation Committee of the Board of Directors) and any Corporation Option that has not been exercised by the holder thereof prior to expiration of such period (which shall in any event expire prior to the Effective Time) shall then terminate at the Effective Time.
Our Mortgage Services segment offers a full range of home mortgage services through Option One Mortgage Corporation (Option One) and H&R Block Mortgage Corporation (HRBMC).