Acceptance – Specific Performance. If the Beneficiary wishes to enter into this Stock Options Acceleration Agreement, he/she shall comply with the acceptance process on the website ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/ by the last day of the Initial Offering Period (the “Acceptance Process”). Should the Beneficiary not enter into this Stock Options Acceleration Agreement in the manner and by the date referred to above, the Beneficiary shall be deemed to have finally and irrevocably waived and forfeited his/her right to enter into this Stock Options Acceleration Agreement. The Beneficiary is the only person who may decide to enter (or not) into this Stock Options Acceleration Agreement. In this respect, the Beneficiary is invited to consult his/her own specialized counsel if he/she wishes to obtain further information as to his/her rights and obligations hereunder. If the Beneficiary complies with the Acceptance Process, the Beneficiary (i) irrevocably undertakes to accept the Acceleration of the Accelerated Stock Options, the exercise of the Eligible Stock Options and the sale at the Sale Price of the Option Underlying Shares, and (ii) irrevocably accepts to be bound by the Underwater Stock Option Liquidity Agreement, without any further formality. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach. This Agreement is made in electronic form according to the provisions of article 1325 of the French Civil code. Represented by: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Represented by: Represented by:
Appears in 1 contract
Sources: Stock Options Acceleration Agreement (Alcatel Lucent)
Acceptance – Specific Performance. If the Beneficiary wishes to enter into this Stock Options Acceleration Agreement, he/she shall comply with the acceptance process on the website ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/ by the last day of the Initial Offering Period (the “Acceptance Process”). Should the Beneficiary not enter into this Stock Options Acceleration Agreement in the manner and by the date referred to above, the Beneficiary shall be deemed to have finally and irrevocably waived and forfeited his/her right to enter into this Stock Options Acceleration Agreement. The Beneficiary is the only person who may decide to enter (or not) into this Stock Options Acceleration Agreement. In this respect, the Beneficiary is invited to consult his/her own specialized counsel if he/she wishes to obtain further information as to his/her rights and obligations hereunder. If the Beneficiary complies with the Acceptance Process, the Beneficiary (i) irrevocably undertakes to accept the Acceleration of the Accelerated Stock Options, the exercise of the Eligible Stock Options and the sale at the Sale Price of the Option Underlying Shares, and (ii) irrevocably accepts to be bound by the Underwater Stock Option Liquidity Agreement and the Lock Up Stock Option Liquidity Agreement, without any further formality. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach. This Agreement is made in electronic form according to the provisions of article 1325 of the French Civil code. Represented by: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Represented by: Represented by:
Appears in 1 contract
Sources: Stock Options Acceleration Agreement (Alcatel Lucent)
Acceptance – Specific Performance. If the Beneficiary wishes to enter into this Lock-Up Stock Options Acceleration Liquidity Agreement, he/she shall comply with the acceptance process on the website ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/ by the last day of the Initial Offering Period (the “Acceptance Process”). Should the Beneficiary not enter into this Stock Options Acceleration Agreement in the manner and by the date referred to aboveOtherwise, the Beneficiary shall be deemed to have finally and irrevocably waived and forfeited his/her right to enter into this Lock-Up Stock Options Acceleration Liquidity Agreement. The Beneficiary is the only person who may decide to enter (or not) into this Lock-Up Stock Options Acceleration Liquidity Agreement. In this respect, the Beneficiary is invited to consult his/her its own specialized counsel if he/she wishes to obtain further information as to his/her rights and obligations hereunder. If the Beneficiary complies with the Acceptance Process, the Beneficiary (i) irrevocably undertakes vis-a-vis Nokia to transfer to Nokia (and accept that the Acceleration of required instructions will be given to the Accelerated Stock Options, Administrator) his/her Company Shares resulting from the exercise of the Eligible his/her Stock Options during the Exercise Period and Nokia irrevocably undertakes vis-a-vis the sale at Beneficiary to acquire such Company Shares in the Sale Price of the Option Underlying Shares, and (ii) irrevocably accepts to be bound by the Underwater conditions described in this Lock-Up Stock Option Options Liquidity Agreement, without any further formality. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach. This Agreement is made in electronic form according to the provisions of article 1325 of the French Civil code. Represented by: Represented by: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Represented by: Represented by:
Appears in 1 contract
Sources: Lock Up Stock Options Liquidity Agreement (Alcatel Lucent)
Acceptance – Specific Performance. If the Beneficiary wishes to enter into this Underwater Stock Options Acceleration Liquidity Agreement, he/she shall comply with the acceptance process on the website ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/ by the last day of the Initial Offering Period (the “Acceptance Process”). Should the Beneficiary not enter into this Stock Options Acceleration Agreement in the manner and by the date referred to aboveOtherwise, the Beneficiary shall be deemed to have finally and irrevocably waived and forfeited his/her right to enter into this Underwater Stock Options Acceleration Liquidity Agreement. The Beneficiary is the only person who may decide to enter (or not) into this Underwater Stock Options Acceleration Liquidity Agreement. In this respect, the Beneficiary is invited to consult his/her its own specialized counsel if he/she wishes to obtain further information as to his/her rights and obligations hereunder. If the Beneficiary complies with the Acceptance Process, the Beneficiary (i) irrevocably undertakes vis-a-vis Nokia to accept transfer to Nokia (and accepts that the Acceleration of required instructions will be given to the Accelerated Stock Options, Administrator) his/her Company Shares resulting from the exercise of the Eligible his/her Stock Options and which are in the sale at the Sale Price scope of the Option Underlying Shares, and (ii) irrevocably accepts to be bound by the Article 3 of this Underwater Stock Option Options Liquidity Agreement and provided that the exercised occurred after the Reduced Liquidity Notification and Nokia irrevocably undertakes vis-a-vis the Beneficiary to acquire such Company Shares in the conditions described in this Underwater Stock Options Liquidity Agreement, without any further formality. In the event of breach, in addition to all other remedies which the non-breaching Party may have under applicable law, the non-breaching Party shall be entitled to specific performance (exécution forcée) and injunctive or equivalent relief in accordance with applicable law, including article 1221 of the draft order of the French Ministry of Justice (if applicable on the relevant date). In addition, each of the Parties agree to waive the benefit of article 1142 of the French Civil Code in the event of breach. This Underwater Stock Options Liquidity Agreement is made in electronic form according to the provisions of article 1325 of the French Civil code. Represented by: Represented by: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Represented by: Represented by:
Appears in 1 contract
Sources: Underwater Stock Options Liquidity Agreement (Alcatel Lucent)