Examples of Optionholder in a sentence
The Optionholder may exercise the Option during the period of [30 ([...]) days] from the receipt of such notice (such period being the Exercise Period).
Acceleration [OPTION 1:] [No acceleration3.] [OPTION 2:] [Acceleration on Exit4.] Exercise Exercise of Option The Option may be exercised only in any of the following circumstances5: upon Exit or Liquidation; after [insert date that is at least [...] ([...]) years of the Grant Date]6; upon death of Optionholder.
The Optiongiver shall notify the Optionholder of the occurrence of Liquidation, i.e. adoption of resolution for the voluntary winding up of the Company.
If the Optiongiver becomes aware that the proposed Exit will not be completed or the Exit is reversed, the Optiongiver shall return the option exercise notice and amounts paid in connection therewith (if any) to the Optionholder and no exercise of Option shall be treated as having occurred in connection with such Exit.
The Optiongiver shall notify the Optionholder of proposed Exit in the form of Asset Sale as soon as practicable after its completion.