Examples of Exercisability Period in a sentence
Subject to the terms and conditions hereof (including, without limitation, the limitations set forth in Section 1(e)), this Warrant may be exercised by the Holder at any time or times during the Exercisability Period, in whole or in part, by delivery (whether via electronic mail or otherwise) of a written notice, in the form attached hereto as Exhibit A (the “Exercise Notice”), of the Holder’s election to exercise this Warrant.
Immediately after the exercise of the second of two exercises during the Exercisability Period, the Put Option shall cease to be exercisable.
If by the last day of the Exercisability Period this Warrant has not been exercised pursuant to Section 2.1 or Section 2.3 hereof, this Warrant shall automatically be exercised in full on the last day of the Exercisability Period.
For purposes of the foregoing sentence only, the exercise by Optionee of any put option under the Other Put Option Agreement made during the Exercisability Period shall be counted as an exercise under this Agreement.
The Put Option may be exercised by Optionee or any Transferee thereof in accordance with this Agreement only during Year 3, Year 4 and Year 5 and Thereafter of the term hereof (the "Exercisability Period").
The Extended Vesting and Exercisability Period, if any, will not be extended beyond that period by any notice period ( e.g., the period of your employment or service would not include any contractual notice period or any period of “garden leave” or similar period mandated under employment laws in the jurisdiction where you are employed or providing services or the terms of your employment or service agreement, if any).
To the extent not already exercised pursuant to Section 2.1 or Section 2.2 hereof, this Warrant may, by advance written notice of at least ten (10) days (or, if such period is not reasonably practicable, such advance written notice as would be reasonably practicable) to the Company, be exercised in full at any time during the Exercisability Period for all of the Warrant Shares subject to this Warrant.
The Extended Vesting and Exercisability Period, if any, will not be extended beyond that period by any notice period (e.g., the period of your employment or service would not include any contractual notice period or any period of “garden leave” or similar period mandated under employment laws in the jurisdiction where you are employed or providing services or the terms of your employment or service agreement, if any).
The term "Exercisability Period" shall refer to the period commencing on __________________________(the "Commencement Date") and continuing until 30 calendar days after the later of (i) the date that the Registration Statement referred to in Section 8 above is declared effective by the SEC or (ii) Commencement Date.
A-[Insert Page Number] (FORM OF ELECTION TO EXERCISE) (To be executed upon exercise of Warrants during the Exercisability Period) The undersigned hereby irrevocably elects to exercise _______ of the Warrants represented by this Warrant Certificate and purchase the whole number of Warrant Shares issuable upon the exercise of such Warrants and herewith tenders payment for such Warrant Shares in the amount of $________ in cash or by certified or official bank check, in accordance with the terms hereof.