Examples of Option Exercise Agreement in a sentence
Under the Option Exercise Agreement, Sebabili will withdraw the application to transfer the registration in the PL to AFGF and immediately register the Company as the 100% legal and beneficial owner of the PL.
The key terms of the Option Exercise Agreement are that the Company will exercise the first option to earn an 80% interest in the Tanzania property and upon such exercise shall be deemed to have earned an additional 20% interest in the Tanzania property for a total 100% legal and beneficial interest.
The Option Exercise Agreement (See “ General Development of the Business – Significant acquisition or disposition - The Option Exercise Agreement”).
LIN and Vaughan have entered into an Option Exercise Agreement pursuant to which LIN will exercise its option for Sinclair’s benefit upon consummation of Media General’s merger with LIN.
Lotus pays Mr. McClanaghan $36,000 per annum for his services.Carl Correia is a party to the Option Exercise Agreement and is COO and a director of Lotus.