Shares Purchase Option definition

Shares Purchase Option means the option to purchase the shares of the Company granted by the Existing Shareholders to the WFOE pursuant to the terms and conditions of this Agreement.
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Examples of Shares Purchase Option in a sentence

  • In order to dispel any doubt, eligibility to take part in Shares Purchase Option Plan does not represent: (a) any warrant to granting of Options, which shall depend on the results achieved by the Company, as established by the Board of Directors, and the appreciation of the Company´s business; (b) any equality or analogy obligation between the Beneficiaries of the same hierarchical position, and (c) any guarantee of stability to the position held by the Beneficiary.

  • Each Beneficiary shall sign a participation agreement to the Additional Shares Purchase Option Plan agreeing with all terms and conditions of the Additional Shares Purchase Option Plan.

  • All Options shall be exercised by the Beneficiary within the maximum validity term of 5 (five) years after the signature of the Grant Agreement or the Additional Shares Purchase Option Agreement, as applicable.

  • The opinions expressed in paragraphs 13 and 14 below as to the issuance of the Series 1 Warrant Shares, Series 2 Warrant Shares, Purchase Option Shares and Conversion Shares in the future are based upon the applicable securities legislation of the Province of Ontario, and orders, rulings, rules, policies and interpretation notes made or issued thereunder, all as in force on the date hereof.

  • Beneficiaries shall be eligible to take part in the Shares Purchase Option Plan.

  • Yearly, between February and May each year, the Board of Directors shall agree on the Beneficiaries on whose behalf options under the Shares Purchase Option Plan shall be granted, the Option Price of each Option and the conditions of its payment, terms and conditions of exercise of each Option and any other conditions related to such Options.

  • The Notice of Exercise shall be in accordance with the communication model to be included in the Granting Agreement or Additional Shares Purchase Option Agreement, as applicable, and shall contain: (a) the number of Due Options that the Beneficiary intends to exercise; and (b) payment method, in accordance with the alternatives allowed under the Granting Agreement or the Additional Shares Purchase Option Agreement, as applicable.

  • After 3 (three) years from the date of signature of the Additional Shares Purchase Option Agreement, all the parity shares can be negotiated by the Beneficiary.

  • The Assignor covenants and warrants that: (i) the Shares Purchase Option is in full force and effect, in accordance with its terms, unamended by the parties thereto; and that (ii) he will notify the Sellers of the execution of this contract and of the assignment that has been agreed.

  • The Assignor hereby assigns to the Assignee all of its rights, title and interest into the Shares Purchase Option, with effect as of the current date_ The Assignee hereby assumes all of the Assignor's rights, benefits, privileges and obligations rising of the Shares Purchase Option, and agrees to comply with its terms and conditions.

Related to Shares Purchase Option

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Purchase Option As defined in Section 3.18(c).

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Unit Shares means the Common Shares comprising part of the Units;

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Series D Warrants means, collectively, the Series D Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.