Share Option Agreement definition
Examples of Share Option Agreement in a sentence
The Beneficiary entered into a Share Option Agreement (the “Agreement”) with the Company under which the Company granted the Beneficiary with an Option; and The Parties agree to amend certain vesting conditions of the Shares Subject to Option as provided herein (the “Amendment”).
Unless the Option shall have expired or shall have been fully exercised, a new Share Option Agreement in the same form as this Share Option Agreement representing any number of shares for which the Option shall not have been exercised, shall also be delivered to the Optionee within that time.
The Purchaser understands that he or she is purchasing the Shares pursuant to the terms and conditions of the Plan and the Share Option Agreement, copies of which the Purchaser has read and understands.
The Purchaser encloses payment in full of the total Exercise Price for the Shares in the following form(s), as authorized by the Share Option Agreement (check and complete as appropriate): ____ In cash (by certified or bank check) in the amount of $_____, receipt of which is acknowledged by the Company.
Each Share Option Agreement shall specify the number of Shares that are subject to the Option, which number is subject to adjustment in accordance with Section 10.