Option Shares definition

Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

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Option Shares means the aggregate number of Shares which an Optionee may purchase under an Option.

Option Shares means Shares covered by an outstanding Option or purchased under an Option.

Examples of Option Shares in a sentence

• The Company further agrees, if the Company applies to have the Common Stock traded on any other Trading Market, it will then include in such application all of the Closing Shares, Option Shares and Warrant Shares, and will take such other action as is necessary to cause all of the Closing Shares, Option Shares and Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible.

• Upon exercise of the Option, the Company will become obligated to convey to the Underwriter, and, subject to the terms and conditions set forth herein, the Underwriter will become obligated to purchase the number of Option Shares specified in such notice.

• The registration of the Closing Shares and Option Shares under the Exchange Act has been declared effective by the Commission as of the date hereof.

• If such delivery and payment for the Option Shares does not occur on the Closing Date, each Option Closing Date will be as set forth in the notice.

• The Company has filed with the Commission a Form 8-A (File Number 001-41323) providing for the registration under the Exchange Act of the Closing Shares, the Option Shares and the Warrant Shares.

More Definitions of Option Shares

Option Shares means Shares issuable by the Corporation upon the exercise of outstanding Options;

Option Shares has the meaning specified in Section 2 of this Agreement.

Option Shares means the shares of Common Stock covered by this Option.

Option Shares means (i) all shares of Common Stock issued or issuable upon the exercise of the Option and (ii) all shares of Common Stock issued with respect to the Common Stock referred to in clause (i) above by way of stock dividend or stock split or in connection with any conversion, merger, consolidation or recapitalization or other reorganization affecting the Common Stock.

Option Shares means the shares of Company Common Stock issuable pursuant to a Company Option in accordance with terms of such Company Option.

Option Shares or means the Shares subject to the Option.

Option Shares means outstanding shares of Stock that were issued to a Holder upon the exercise of a Stock Option.