By Optionee Sample Clauses

By Optionee. If Optionee resigns or Optionee’s employment terminates on account of retirement, then the unvested portion of the Option shall automatically expire on the date of
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By Optionee. Optionee represents and warrants to Owner that:
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By Optionee. If Optionee resigns or Optionee’s employment terminates on account of retirement, then the unvested portion of the Option shall expire on the date of termination of Service. The vested portion of the Option shall expire at the close of business at Company headquarters on the Expiration Date.
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By Optionee. Optionee represents and warrants to County as of the Effective Date as follows:
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By Optionee. (1) Optionee is a development-stage company without significant revenues and is substantially illiquid and does not possess adequate capital to pursue its business plan.
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By Optionee. Optionee shall have the right to terminate this Agreement at any time before the end of the Option Period upon written notice to Owner specifying an effective termination date; provided that if such notice of termination is after the date (i) 90 days prior to the renewal date of any Permit or any state exploration permit or state mineral lease that is part of the Property or the Additional Lands, and/or (ii) 90 days prior to the BLM mining claim maintenance fee deadline for any unpatented mining claims that are part of the Property or the Additional Lands, then Optionee shall have performed the obligations required to (a) renew the Permit(s) and the other state exploration permits and state mineral leases, including all relevant payments to the Arizona State Land Department, and (b) pay the annual BLM fees with an appropriate filing to maintain the unpatented mining claims for the next assessment year, as applicable. Upon the effective date of such notice, this Agreement shall automatically terminate without further action of the Parties, and Optionee shall have no further rights or obligations hereunder other than such as have accrued prior to the date of such termination and those specified in Section 10.7.
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By Optionee. Optionee represents and warrants to Optionor, as of the Effective Date and as of the Closing Date, which representations and warranties shall survive the Close of Escrow for a period of one (1) year, as follows:
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Related to By Optionee

  • Death of Optionee If the Optionee dies while a Service Provider, the Option may be exercised at any time within twelve (12) months following the date of death (but in no event later than the expiration date of this Option as set forth in the Notice of Grant), by the Optionee’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent that the Optionee was entitled to exercise the Option at the date of death. If, after death, the Optionee’s estate or a person who acquired the right to exercise the Option by bequest or inheritance does not exercise the Option within the time specified herein, the Option shall terminate.

  • Initial Exercise Price; Exercise of Rights; Detachment of Rights (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, from and after the Separation Time and prior to the Expiration Time, to purchase one Common Share for the Exercise Price (and the Exercise Price and number of Common Shares are subject to adjustment as set forth below). Notwithstanding any other provision of this Agreement, any Rights held by the Corporation or any of its Subsidiaries shall be void.

  • Unvested Options With respect to those Options which are then unexercisable (after taking into account any applicable accelerated or continued vesting treatment), the Close of Business on the Service Termination Date.

  • GRANTEE Grantee will be in default under this Grant upon the occurrence of any of the following events:

  • No Rights as Stockholder Until Exercise; No Settlement in Cash This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3. Without limiting any rights of a Holder to receive Warrant Shares on a “cashless exercise” pursuant to Section 2(c) or to receive cash payments pursuant to Section 2(d)(i) and Section 2(d)(iv) herein, in no event shall the Company be required to net cash settle an exercise of this Warrant.