Examples of First Option Agreement in a sentence
Any provision of this First Option Agreement may be waived in writing at any time by the party that is entitled to the benefits of such provision.
This First Option Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by the parties hereto.
Nothing in this First Option Agreement, expressed or implied, is intended to confer upon any party, other than the parties hereto, and their respective successors and assigns, any rights, remedies, obligations, or liabilities under or by reason of this First Option Agreement, except as expressly provided herein.
In the event Titan converts the Debenture, Ansan and Titan shall enter into a Debenture Conversion Agreement, a First Option Agreement, a Second Option Agreement, a Shareholders Agreement, and a Corporate Services Agreement in substantially the forms attached to this Agreement.
CCCC acknowledges he had originally been given his shares by the Shareholders and in consideration of being retained by the Company and provided to him by the Shareholders he agrees to enter into the First Option Agreement contained in the Shareholders Agreement.
EEEE agrees that in consideration of the Shareholders transferring some share to him as provided herein he will enter into the First Option Agreement contained within the Shareholders Agreement and will also enter into a service agreement with like terms and condition to that contained in Schedule 4 hereof.
This First Option Agreement shall be governed by the laws of the State of Delaware, without giving effect to the conflict of laws principles thereof.
Issued and outstanding On June 27, 2018, the Company issued 2,000,000 common shares as earn-in option payment for Troilus North Property pursuant to the term of the First Option Agreement for Troilus North.
This provision is without prejudice to any other rights that either party hereto may have against the other party hereto for any failure to perform its obligations under this First Option Agreement.
Any term, provision, covenant or restriction contained in this First Option Agreement that is so found to be so broad as to be unenforceable shall be interpreted to be as broad as is enforceable.