Examples of Option Payments in a sentence
If subsequent to this Agreement, either Party's records indicate a discrepancy or errors in the record of Lease Option Payments made by Tenant which payments are applicable to offset, then the Parties shall work in good faith to adjust and correct said records.
Pursuant to the Merger Agreement, those Options that are not yet exercisable as of the time of the consummation of the Offer (the "Unvested Options") shall be converted upon consummation of the Offer into a right to receive quarterly cash payments from Parent at the time when such Options otherwise would have become exercisable (the "Option Payments").
Option Payments and Exploration Costs: The Company expenses all costs related to the maintenance and exploration of mineral claims in which it has secured exploration rights prior to the establishment of proven and probable reserves.
In the event of the death of Employee or if Employee shall become Totally Disabled (as defined in Section 4(b) below) during the Period of Employment, Employee's rights relating to all of his Option Payments shall automatically be accelerated and become immediately payable.
The Company and Avago shall indemnify and hold you harmless for any taxes which you may incur pursuant to Section 409A of the Internal Revenue Code (including associated penalties, interest, costs or other liability), as a result of the deferral of the Option Payments pursuant to this Agreement, and shall provide you with a gross-up payment to pay all taxes (including associated penalties, interest, costs or other liability) due with respect to any payment required under this sentence.