Examples of Option Shares in a sentence
The Option may not be exercised, and any purported exercise will be void, if the issuance of the Option Shares upon such exercise would constitute a violation of any law, regulation or exchange listing requirement.
If such delivery and payment for the Option Shares does not occur on the Closing Date, the Option Closing Date will be as set forth in the notice.
The Company is hereby authorized to withhold from any consideration payable or property transferable to the Optionee any taxes required to be withheld by applicable law in connection with the grant or exercise of this Option or the vesting or disposition of the Option Shares.
This notice shall specify the number of Option Shares to be purchased.
The Optionholder acknowledges that all Option Shares are charged in favour of the Optionholder pursuant to the Charge Agreement as of the date of this Agreement.