Examples of Resulting Issuer Stock Options in a sentence
Resulting Issuer Stock Options The material attributes and features of each Resulting Issuer stock option will be the same as the material attributes and features associated with the Carrara and PMI Stock Options.
In the 12-months following completion of the Transaction, the Resulting Issuer expects to grant up to 1,000,000 Resulting Issuer Stock Options, in accordance with the Resulting Issuer Stock Option Plan, to an independent consultant in satisfaction of its obligations under the Andrews Consulting Agreement; however, the exact number of options expected to be granted and the terms of such grants are unknown at this time.
The exercise price of Resulting Issuer Stock Options granted to insiders may not be decreased without disinterested shareholder approval at the time of the proposed amendment.
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All Resulting Issuer Stock Options granted pursuant to the Resulting Issuer Stock Option Plan will be subject to such vesting requirements as may be prescribed by the TSX-V, if applicable, or as may be imposed by the Board.
Assuming completion of the Transaction, it is anticipated that the Resulting Issuer may issue Resulting Issuer Stock Options to certain directors, officers, employees and consultants of the Resulting Issuer; however, the terms of such grants are unknown at this time.
The Consideration Shares, the Resulting Issuer Warrants and the Resulting Issuer Stock Options will not be subject to any resale restrictions in Canada other than those imposed by applicable Canadian Securities Laws and the Exchange as applicable.
The Consideration Shares, the Resulting Issuer Warrants and the Resulting Issuer Stock Options when issued, will be issued in compliance with all requirements of the Canadian Securities Laws and the Exchange as applicable.
Resulting Issuer Stock Options which are cancelled or expire prior to exercise continue to be issuable under the Resulting Issuer Stock Option Plan.
The aggregate number of Resulting Issuer Stock Options granted to all persons retained to provide investor relations services to the Resulting Issuer (including Consultants and Employees or Directors whose role and duties primarily consist of providing investor relations services) must not exceed 2% of the issued and outstanding Class A common shares of the Resulting Issuer in any 12 month period, calculated at the date an option is granted to any such person.