Selling Optionholders definition
Examples of Selling Optionholders in a sentence
The Company shall purchase the Purchased Options from the Selling Optionholders pursuant to the terms of the Redemption Agreements and each Selling Optionholder shall execute an Option Cancellation Agreement in the form attached hereto as Exhibit H (the "Option Cancellation Agreements").
Subject to this Section 2.4, at the Closing, the Selling Optionholders shall sell, transfer and deliver to Buyer, and Buyer shall purchase and acquire from the Selling Optionholders, all of the In-the-Money Vested Options in exchange for the In-the-Money Vested Option Transfer Payment, subject to adjustments following the Closing as specified in this Agreement (including release of amounts held in the Adjustment Escrow Account, the Indemnity Escrow Account or the Representative Fund).