Examples of Optionholder Agreement in a sentence
Buyer shall have received from each holder of Vested Company Options who is not a party hereto a duly executed Vested Optionholder Agreement in the form attached hereto as Exhibit K (the “Vested Optionholder Agreements”), each effective as of the Closing.
Except as otherwise provided in Section 1.7(h) below, each unvested AeroAstro Option outstanding as of the Effective Time shall be treated as a Rollover Option (whether or not the holder of such option delivers an Optionholder Agreement).
Key MilestonesMilestone Due DateMilestone statusChange from last monthOwnerAnticipated Barriers or other Issues Related to Milestone CompletionFully implement the PBM through Phase 3 (prior authorization)9/30/2019Behind ScheduleNoOWCPOWCP awarded a contract for PBM services on November 19, 2018.
Each Optionholder Agreement relating to a Cash-Out Option will incorporate appropriate terms of this Agreement, including but not limited to (i) the withholding of the Per Share Escrow Amount under Section 1.8; (ii) the withholding of the Expense Fund and (iii) the appointment of the Shareholders’ Representative in Section 1.12.
Confirmation for this method was based on the retention time and the ion ratios.
Note: Respective New TG Optionholder Agreement and New SA Shareholder Agreements were entered into between the Company, TGL and Mr. Christiaan Rudolph de Wet de Bruin (“Mr. de Bruin”), Mr. Neil Andrew Herrick (“Mr. Herrick”) and Mr. Igor Levental (“Mr. Levental”) regarding grant of New TG Optionholder Put Options (“TG Put Options”) and New SA Put Options on 5 September 2014.
The Company shall have obtained and delivered to the Buyer a duly executed Optionholder Agreement from each Optionholder; all of the Company Warrants either shall have been exercised or shall have been terminated and become void in accordance with the Warrant Agreement; and the Buyer shall have received a certificate of the Company executed by the chief executive officer and the chief financial officer of the Company to such effect.
With respect to Optionholders or Warrantholders that are not Company employees, Parent and the Surviving Corporation shall cause the Exchange Agent to promptly deliver to any such Optionholder or Warrantholder a cash amount as provided in Section 2.09 with respect to any unexercised Options or Outstanding Warrants, provided that such Person has delivered to the Surviving Corporation a duly completed and validly executed Optionholder Agreement.
Nothing in the Optionholder Agreement prevents the holders of Unlisted Hindmarsh Options from exercising their Unlisted Hindmarsh Options before acceptance.
This Optionholder Agreement shall be governed by the laws of the State of New York.