Selling Optionholders definition

Selling Optionholders means those Optionholders who have agreed to exercise their Options on or prior to Completion and who have agreed to sell the Ordinary Shares arising from their exercise of Options to the Buyer, the names and addresses of such Optionholders being as set out in Appendix 2;
Selling Optionholders means the "Option Holders" under, and as defined in, the Stock Purchase Agreement.
Selling Optionholders means each holder, as of immediately prior to the Closing, of a Seller Option, whether or not vested.

Examples of Selling Optionholders in a sentence

  • The shares to be offered and sold by the Selling Stockholders and the Selling Optionholders are collectively referred to as the "Shares." We have examined the originals, or photostatic or certified copies, of such records of the Company and certificates of officers of the Company and of public officials and such other documents as we have deemed relevant and necessary as the basis for the opinions set forth below.

  • The Company has also established a facility through which Selling Optionholders may sell, pursuant to the Offers, some or all of the Ordinary Shares which will be issued to them if they exercise their exercisable options prior to Admission.

  • 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).

  • February 8, 2000 Page 2 Based upon the foregoing examination and in reliance thereon, and subject to the assumptions stated and in reliance on statements of fact contained in the documents that we have examined, we are of the opinion that (i) the Shares to be sold by the Selling Stockholders have been validly issued and are fully paid and non-assessable, and (ii) the Shares to be sold by the Selling Optionholders, when issued against payment therefor, will be validly issued, fully paid and non-assessable.

  • As the Primary Placing was oversubscribed, in order to meet investor demand for further Ordinary Shares, the Optionholders agreed to effect the Option Exercise and, conditional on Admission, the Selling Optionholders agreed to sell 6,454,668 of the Option Shares (in aggregate) that will be conditionally issued to the Optionholders pursuant to the Option Exercise, at the Issue Price to placees.

  • 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").

  • February 20, 2001 Page 2 Based upon the foregoing examination and in reliance thereon, and subject to the assumptions stated and in reliance on statements of fact contained in the documents that we have examined, we are of the opinion that (i) the Shares to be sold by the Selling Stockholders have been validly issued and are fully paid and non-assessable, and (ii) the Shares to be sold by the Selling Optionholders, when issued against payment therefor, will be validly issued, fully paid and non-assessable.

Related to Selling Optionholders

  • Company Optionholders means the holders of Company Options.

  • Optionholders means the holders of Options.

  • Option Holders means the holders of the Options.

  • Company Optionholder means a holder of one or more Company Options;

  • Optionholder means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Other Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their securities in certain registrations hereunder.

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Parent Stockholders means the holders of Parent Common Stock.

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Common Stockholders means holders of shares of Common Stock.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Target Shareholders means the holders of Target Shares;

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Management Stockholders means the members of management of Holdings, the Borrower or any of its Subsidiaries who are investors in Holdings or any direct or indirect parent thereof.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • Option Closing Time means 8:00 a.m. (Toronto time) on any Option Closing Date or such other time on any Option Closing Date as the Company and the Underwriters may agree;

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Company Shareholders means holders of Company Shares.