Option Shares definition

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

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 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.

More Definitions of Option Shares

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

Option Shares means the number of shares of Common Stock subject to the option as specified in the Grant Notice.

Option Shares has the meaning set forth in Section 2.2(a).

Option Shares or means the Shares subject to the Option.

Option Shares means the shares of Issuer Common Stock issuable pursuant to the Option, as the number of such shares shall be adjusted pursuant to the terms hereof.