Examples of Second Option Shares in a sentence

Notwithstanding such pledge, Continental shall retain full beneficial ownership of the Second Option Shares, including without limitation the right to vote such shares and to hold such shares for all purposes under the Shareholders Agreement.
The exercise price for the Second Option shall be the nominal value of the Second Option Shares, and such amount shall be paid to the Company via wire transfer to an account specified to Continental by the Company.
The Company is acquiring the Initial Shares and will acquire the First Option Shares and the Second Option Shares for its own account for investment and not with the view to, or for resale in connection with, any distribution thereof.
Pursuant to the provisions of Section 1.3 of the Debenture Conversion Agreement dated March , 1997 (the "Debenture Conversion Agreement"), the Company hereby grants to the Optionee on the date hereof the right and option to purchase an aggregate of Five Hundred Thousand (500,000) of its shares of Common Stock, $.001 par value (the "Second Option Shares"), at an option price equal to $6.50 per Second Option Share.
As a condition to the exercise of the option hereby granted, the written notice of election in the form attached hereto as Exhibit A shall include a representation by the Optionee that the Second Option Shares are being purchased for investment and not for distribution or resale.

More Definitions of Second Option Shares

Second Option Shares means the 21,904 “C” Ordinary Shares of €0.001 each held by the Grantors in the numbers set out in Schedule 1, subject to any changes thereto arising out of the transfer of any First Option Share or Second Option Shares by any Employee Grantor to Xxxxxx Xxxxxxx Xxxxxxx or the transfer of the Second Option Beneficial Shares to the Beneficial Grantor;

Second Option Shares shall have the meaning set forth in Section 2(b) hereof.

Second Option Shares means 400,000 Common Shares;

Second Option Shares has the meaning set forth in the recitals.

Second Option Shares at any given time, the shares in the Target Company held by

Second Option Shares means those shares held by the Investor in the capital of the Company and/or (in the event that the First Conversion Option has been exercised) the Subsidiary, at the time the Second Conversion Option is exercised; and

Second Option Shares means the beneficial interest in the 158,417 C Ordinary Shares of €0.0001 each in the capital of the Company as is set out in column E of Schedule 1 (together with any other shares, stock or securities relating thereto referred to in clause 8) and, where the First Call Option or First Put Option has not been previously exercised, the First Option Shares;