Examples of New Option Agreement in a sentence
To the extent permissible under applicable law and the Plan, the Stock Option granted under the New Option Agreement will be granted as incentive stock options.
The original agreement was terminated and replaced by a New Option Agreement on August 28, 2019 (“New Option Agreement”).
On August 28, 2016, the Company entered into a New Option Agreement with Claremont Nevada Mines LLC under the terms of which Midnight Star has an option to acquire up to a 100% interest in the Fish Project.
This Agreement, together with the New Option Agreement, contains the entire understanding of the parties to this Agreement with respect to the subject matter contained in this Agreement and supersedes all prior agreements and understandings among the parties with respect to such subject matter, including, without limitation, the Award Agreement.
The New Option Agreement for purposes of Clause 7 of the Option and Subscription Agreement shall mean this Agreement and the terms and conditions set out in the Option and Subscription Agreement, as amended by this Agreement.
Following FEL’s decision, the New Option Agreement was terminated and the parties finalised arrangements for the orderly close-out of the joint venture, with effect from September 15, 2020.
This Employment Agreement, together with the Old Option Agreements and the New Option Agreement, sets forth the entire agreement, and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and thereof.
As of the Effective Date, this instrument contains the entire agreement of the parties pertaining to the subject matter contained in it and supersedes and is in lieu of any and all other employment arrangements between Executive and the Company, other than the Confidentiality Agreement, the New Option Agreement, and the Stock Option Agreements between Executive and the Company that are described on the attached Schedule 2.
Any attempted entering into of a New Option Agreement or Transfer of Shares or any interest therein in violation hereof shall be null and void, and the Corporation agrees that no such Transfer shall be recorded on the Corporation’s books and records, and the purported transferee in any such Transfer shall not be treated as the owner of such Shares.
The briefing sessions will enable Members to further discuss and refine the projects and priorities previously identified.1.7Members will be aware that there are quite a few meetings, workshops and other sessions being arranged in order to complete a draft Corporate Plan as well as informing the striking of the rate.