Examples of Put Option Shares in a sentence
The Put Option may be exercised by the Optionholder in respect of the Put Option Shares at any time during the Put Option Exercise Period.
In consideration for the payment of the Put Option Fee, (receipt of which is acknowledged by execution of this deed), the Shareholder hereby grants to the Optionholder an irrevocable right to sell to the Shareholder, and require the Shareholder to purchase, all of the Shares acquired by the Optionholder as a result of all Sales (Put Option Shares) for the Put Option Exercise Price per Put Option Share on the terms and conditions set out in this clause 6 (Put Option).
Upon exercise of the Put Option, the Optionholder must sell and transfer to the Shareholder and the Shareholder must purchase from the Optionholder the Put Option Shares for the Put Option Exercise Price per Put Option Share on the terms of this deed.