Option Rights definition

Option Rights has the meaning specified in the MOP.

Option Rights means, when used in this Warrant, any Convertible Securities, or any warrants, options or other rights to subscribe for or purchase, or obligations to issue, any Capital Stock of the Company, including any options or similar rights issued or issuable under any employee stock option plan, pension plan or other employee benefit plan of the Company.

Option Rights means, when used in this Warrant, any warrants, options or other rights to subscribe for or purchase, or obligations to issue, any Capital Stock of the Company, or any Convertible Securities, including, without limitation, any options or similar rights issued or issuable under any employee stock option plan, pension plan or other employee benefit plan of the Company of the Company in existence on the date of the issuance of this Warrant.

Examples of Option Rights in a sentence

• Subject to the terms and conditions hereof, the Option Rights may be exercised from time to time in whole or in part prior to the tenth (10th) anniversary of the date hereof by delivering to the Company at its principal place of business a written notice, signed by the person entitled to exercise the Option Rights, stating the Optionee's election to exercise the Option Rights and stating the number of Option Rights to be exercised.

• The Option Rights and the obligation of the Company to sell and deliver Shares hereunder shall be subject to all applicable Federal and state laws, rules and regulations and to such approvals by any government or -24- 25 regulatory agency as may be required.

• The Option Rights shall be deemed exercised as of the date that the Company receives such notice and payment.

• If the Company shall liquidate or dissolve, the Company shall give written notice thereof to the Optionee at least thirty (30) days prior thereto, and the Optionee shall have the right within said thirty(30)-day period (but within the term specified in Section 7) to exercise the Option Rights in full to the extent not previously exercised or terminated.

• This Grant has not been awarded pursuant to the Plan, but this Grant and Agreement are subject to certain terms and conditions that are substantially the same as those set forth in the Plan that are applicable to Option Rights.

More Definitions of Option Rights

Option Rights means all warrants, rights or options to subscribe for or purchase, or obligations to issue, any shares of Common Stock, or any Convertible Securities.

Option Rights has the meaning assigned to it in Article 3.1.

Option Rights means any right to purchase or right to sell the Operating Assets or a Disaggregated License granted to Manager or Sprint PCS, as the case may be, that may be exercised under the terms of the Management Agreement in accordance with the terms of this exhibit.

Option Rights shall have the meaning set forth in Recital B hereof.

Option Rights has the meaning set forth in Section 3.16(f).

Option Rights shall have the meaning set forth in SECTION 5 hereto.

Option Rights means Patent Rights, and Tangible Materials and Option Know-How.