Examples of Option Certificates in a sentence
All Options granted pursuant to the Plan shall be subject to the terms and conditions of the Plan notwithstanding the fact that the Option Certificates issued in respect thereof do not expressly contain such terms and conditions but instead incorporate them by reference to the Plan.
The Option Certificates will be issued for convenience only, and in the case of a dispute with regard to any matter in respect thereof, the provisions of this Plan and the records of the Company shall prevail over the terms and conditions in the Option Certificate, save and except as noted below.
The Option Certificates will be issued for convenience only and in the case of a dispute with regard to any matter in respect thereof, the provisions of the Plan and the records of the Company shall prevail over the terms and conditions in the Option Certificate, save and except as noted below.
An Option shall not be granted or exercised, and Shares shall not be issued pursuant to the exercise of any Option, unless the grant and exercise of such Option and the issuance and delivery of such Shares comply with all applicable Regulatory Rules, and such Options and Shares will be subject to all applicable trading restrictions in effect pursuant to such Regulatory Rules and the Company shall be entitled to legend the Option Certificates and the certificates representing such Shares accordingly.
The Option Certificates shall be in registered form only and substantially in the form attached hereto as Exhibit A.
Upon any partial transfer, the Company will issue and deliver to such holder a new Option Certificate or Certificates with respect to any portion not so transferred; provided, however, that the Company shall not be required to issue and deliver Option Certificates representing fractional Options.
The Option Holders, by their acceptance of the Option Certificates, expressly waive any and all rights to receive any fraction of a share of Common Stock or a stock certificate representing a fraction of a share of Common Stock.
The Company shall not be required to issue and deliver Option Certificates representing fractional Options or any fractional Option Shares upon exercise of any Options.
Whenever any Option Certificates are so surrendered for exercise, the Company shall execute and deliver to the Option Holder a number of Option Shares based upon the Exercise Price and the payment made to the Company.
The provisions of this Section 6 are exclusive and shall preclude (to the extent lawful) all other rights or remedies with respect to the replacement of mutilated, destroyed, lost or stolen Option Certificates.