Examples of Option Shares in a sentence
Each certificate for the Stock Option, the Stock Option Shares and any other security issued or issuable upon exercise of this Stock Option shall contain a legend on the face thereof, in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section.
The Company shall deliver to Holder, or its designee or agent as specified below, __________ Stock Option Shares in accordance with the terms of the Stock Option.
In the event that the Holder has elected a Cashless Exercise with respect to some or all of the Stock Option Shares to be issued pursuant hereto, the Holder hereby represents and warrants that this Exercise Notice was executed by the Holder at __________ [a.m.][p.m.] on the date set forth below.
The Company agrees that all Stock Option Shares issued upon due exercise of the Stock Option shall be, at the time of delivery of the certificates for such Stock Option Shares, duly authorized, validly issued, fully paid and non-assessable shares of Common Stock of the Company.
In the event that the Holder has elected a Cash Exercise with respect to some or all of the Stock Option Shares to be issued pursuant hereto, the Holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Stock Option.