Third Option Shares definition

Third Option Shares. Means the number of shares in GA shown in the Schedule as due to be issued to The Shareholder on the Third Anniversary of the Stock Purchase Agreement
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Third Option Shares is defined in Section 6(b).
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Third Option Shares as used herein also refers to the shares, if any, which are transferred and assigned to the Manager pursuant to exercise of the Third Option.
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Examples of Third Option Shares in a sentence

  • If the Second Put Option or the Third Call Option ------------------ is exercised at any time as to all then outstanding Executive Option Shares, then, in such case, (i) the Company shall be obligated, within 10 business days after such exercise, to exercise the Fourth Option as to any Third Option Shares then issued and outstanding and (ii) the date of such exercise of the Fourth Option shall be deemed to be the date of exercise of the Second Put Option or the Third Call Option, as applicable.

  • Within 60 days after the Plan Administrator’s receipt of a request for review, the Plan Administrator will review the original determination and any additional pertinent materials.

  • Appended in 9th AGM15.5The Editorial Board shall consist of the following members: (a) The Editor-in-Chief; Appended in 2nd AGM (b) Up to a maximum of two Assistant Editors-in-Chief; Amended in 17th AGM (c) Up to a maximum of four Designers; Amended in 17th AGM (d) The Administrative Officer; Appended in 2nd AGM (e) The Marketing Officer; Appended in 2nd AGM (f) The Financial Controller; and Appended in 2nd AGM (g) Up to a maximum of twelve Feature Editors.

  • The purchase per share payable by the Manager at a -------------- Closing for the Third Option Shares upon exercise of the Third Option (the "Third Option Purchase Price") shall be One Thousand Seven Hundred Dollars ($1,700), subject to appropriate adjustment in the event of any stock split, stock combination (reverse stock split) or stock dividend of or on the outstanding shares of MPS Common Stock.


More Definitions of Third Option Shares

Third Option Shares has the meaning given such term in the Option Agreement.
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Related to Third Option Shares

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

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

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

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

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

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

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

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

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

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

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Target Shares means all of the issued and to be issued share capital of the Target.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Sale Shares shall have the meaning set forth in Recital B above; and

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

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Sold Shares shall have the meaning specified in Section 6.

  • Purchase Shares has the meaning set forth in Section 2.1.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.