Amendment to the Option Agreement Sample Clauses

Amendment to the Option Agreement. As from this date, the Option Agreement is modified as follows:
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Amendment to the Option Agreement. Paragraph (a) of Section 2 of the Option Agreement is hereby amended by deleting it in its entirety and substituting the following therefor:
Sample 1
Amendment to the Option Agreement. 2.1 Amendment to Section 2.3
Sample 1
Amendment to the Option Agreement. Any vested Options held by the Executive shall be governed by the Option Agreement, and this Section 2, to the extent inconsistent with the terms of the Option Agreement, will be deemed to be an amendment to the Option Agreement.
Sample 1
Amendment to the Option Agreement. Paragraph (b) of Section 5 of the Option Agreement is hereby amended by deleting it in its entirety and substituting the following therefor:
Sample 1
Amendment to the Option Agreement. Subject to Section 3 of this Amendment, Section 4(d) of the Option Agreement is amended in its entirety to read as follows:
Sample 1
Amendment to the Option Agreement. 2.1 Section 3.2 of the Option Agreement is hereby deleted it in its entirety and replaced with the following: “Upon satisfaction of the conditions set out in Section 3.1 (which, for greater certainty, totals aggregate payments of $350,000 and share issuances of 1,500,000 Common Shares of Arriba) a fifty percent (50%) undivided right, title and interest in the Property will automatically vest in the Optionee, free and clear of all Encumbrances. The Optionor agrees to grant the Optionee the Option to acquire a further 30% interest in the Property (for a total of 80%) exercisable as follows:
Sample 1
AutoNDA by SimpleDocs

Related to Amendment to the Option Agreement

  • Amendment to the Agreement The Agreement is hereby amended as follows:

  • Amendment to the Purchase Agreement The Company, the Issuer and the Purchaser hereby agree to amend the Purchase Agreement from and after the Effective Date as follows notwithstanding any contrary provision therein:

  • Agreement to Lock-Up Each Key Holder hereby agrees that it will not, without the prior written consent of the managing underwriter, during the period commencing on the date of the final prospectus relating to the Company’s initial public offering (the “IPO”) and ending on the date specified by the Company and the managing underwriter (such period not to exceed l80 days (which period may be extended upon the request of the managing underwriter, to the extent required by any NASD rules, for an additional period of up to fifteen (15) days if the Company issues or proposes to issue an earnings or other public release within fifteen (15) days of the expiration of the 180-day lockup period), (a) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of Capital Stock held immediately prior to the effectiveness of the registration statement for the IPO or (b) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Capital Stock, whether any such transaction described in clause (a) or (b) above is to be settled by delivery of Capital Stock or other securities, in cash or otherwise. The foregoing provisions of this Section 5 shall not apply to the sale of any shares to an underwriter pursuant to an underwriting agreement, and shall only be applicable to the Key Holders if all officers, directors and holders of more than one percent (1%) of the outstanding Common Stock (after giving effect to the conversion into Common Stock of all outstanding Preferred Stock) enter into similar agreements. The underwriters in connection with the IPO are intended third-party beneficiaries of this Section 5 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto. Each Key Holder further agrees to execute such agreements as may be reasonably requested by the underwriters in the IPO that are consistent with this Section 5 or that are necessary to give further effect thereto.

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • Amendment to Annex A Annex A to the Original Indenture is amended as follows:

  • Amendment to Agreement The Agreement is hereby amended as follows:

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Amendment to Employment Agreement The Employment Agreement is hereby amended as follows:

  • Amendment to Rights Agreement The Rights Agreement is hereby amended as follows:

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

Time is Money Join Law Insider Premium to draft better contracts faster.