NET EXERCISE ELECTION definition

NET EXERCISE ELECTION. If applicable, the undersigned elects to purchase the Restricted Securities by Net Exercise (as defined in the Option), by initialing in the following space (please initial only if Net Exercise chosen): _____________________________. _________________________________. PRINTED NAME IF INDIVIDUAL : PRINTED NAME IF CORPORATION, PARTNERSHIP OR TRUST: ______________________________________ ____________________________________ ______________________________________ (Signature) By: ____________________________________ Date signed: _________________________ Name: __________________________________ Address: _____________________________ Title: _________________________________ _____________________________ Date signed: ___________________________ _____________________________ Address: _______________________________ Social Security Number: ______________ _______________________________ _______________________________ Taxpayer Identification Number: ________________________________________ ANNEX II ASSIGNMENT FORM ALGORX PHARMACEUTICALS, INC. COMMON STOCK OPTION ISSUED AS OF AUGUST 28, 2001 (To assign the foregoing Option, execute this form and supply the required information) (Do not use this form to exercise the Option to purchase shares.) FOR VALUE RECEIVED, the Option for Common Stock of ALGORX PHARMACEUTICALS, INC. initially issued as of August 28, 2001 (the "Option") and all rights evidenced thereby are hereby assigned by the Assigning Holder as shown below, to the Assignee as shown below: Printed Name Of Assigning Holder: __________________________________________ Assigning Holder's Signature*: __________________________________________ Title (as appropriate): __________________ Assigning Holder's Address: __________________________________________ __________________________________________ Printed Name of Assignee: __________________________________________ Assignee's Signature*: __________________________________________ Title (as appropriate): __________________ Assignee's Address: __________________________________________ __________________________________________ Date of Assignment: __________________________________________ CONSENT TO ASSIGNMENT (MUST BE COMPLETED AND SIGNED IN ORDER FOR ASSIGNMENT TO BE VALID: ALGORX PHARMACEUTICALS, INC. By: __________________________________ Name: ________________________________ Title: _______________________________ Date signed: _________________________ ____________________________________________________________...
Sample 1
NET EXERCISE ELECTION shall have the meaning set forth in Section 2.8(b).
Sample 1

Examples of NET EXERCISE ELECTION in a sentence

  • THE UNDERSIGNED HOLDER ELECTS TO CONVERT THE WARRANT INTO SHARES OF WARRANT STOCK BY NET EXERCISE ELECTION PURSUANT TO SECTION 1.6 OF THE WARRANT.

Related to NET EXERCISE ELECTION

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Early Opt-in Election means the occurrence of:

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Option Exercise Notice has the meaning provided in Section 3.6 below.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Deferral Notice has the meaning set forth in Section 3(i) hereof.

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • Other Benchmark Rate Election means, with respect to any Loan denominated in Dollars, if the then-current Benchmark is the LIBO Rate, the occurrence of:

  • Cashless Exercise Ratio means a fraction, the numerator of which is the excess of the Current Market Value per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of the Common Stock on the Exercise Date.

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares for the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. Redemption Date Redemption Fair Market Value of Class A ordinary shares (period to expiration of warrants) <10.00 11.00 12.00 13.00 14.00 15.00 16.00 17.00 >18.00 60 months 0.261 0.280 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise will be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable. The share prices set forth in the column headings of the table above shall be adjusted as of any date on which the number of shares issuable upon exercise of a Warrant or the Warrant Price is adjusted pursuant to Section 4 hereof. In the event of a Warrant Price adjustment pursuant to Section 4.3, the adjusted share prices in the column headings shall equal the share prices immediately such adjustment, multiplied by a fraction, the numerator of which is the Warrant Price after such adjustment and the denominator of which is the Warrant Price immediately after such adjustment. In such an event, the number of shares in the table above shall be adjusted by multiplying such share amounts by a fraction, the numerator of which is the number of shares deliverable upon exercise of a Warrant immediately prior to such adjustment and the denominator of which is the number of shares deliverable upon exercise of a Warrant as so adjusted. If the Warrant Price is adjusted pursuant to Section 4.4, the adjusted share prices set forth in the column headings of the table above shall be multiplied by a fraction, the numerator of which is the higher of the Market Value and the Newly Issued Price and the denominator of which is $10.00. In no event will the number of shares issued in connection with a Make-Whole Exercise exceed 0.361 Ordinary Shares per Warrant (subject to adjustment).