Company Call Option. The Company shall have the right to purchase sixty percent (60%), rounded to the nearest share and decreasing by five percent (5%) each calendar quarter, of the shares of Executive Stock upon Executive’s termination of this Agreement or a Termination by the Company for Cause, provided, however, that there shall be no Company Call Option if such termination by Executive is due to Constructive Discharge, a Change of Control, Death, or Disability (the “Company Call Option”). The Company Call Option shall be exercisable not later than thirty (30) days after such termination by notice to Executive from the Company.
Company Call Option. (i) Subject to the terms and conditions set forth herein, prior to 2:30 p.m. (New York City time) on any Trading Day (as defined in Exhibit A) during the period between the Effective Date (as defined in Exhibit A) and the Trading Day immediately following the second year anniversary of the Effective Date (the "Expiration Date"), the Company may deliver written notices to the Holder (each, a "Call Notice" and the Trading Day a Call Notice is delivered, a "Delivery Date"), of the Company's election to call, for a price of $.0005 per Warrant Share, a portion of this Warrant as further described herein; provided that such price shall be adjusted to reflect any adjustment in the number of Warrant Shares issuable hereunder, so that the maximum aggregate redemption price shall continue to be $1,000. Notwithstanding anything to the contrary set forth in this Warrant: (1) a Call Notice may not apply to a number of Warrant Shares in excess of 15% of the average trading volume of the Common Stock for the two Trading Days immediately preceding the Delivery Date, (2) no Call Notice may be delivered until the expiration of the Call Expiration Time (as defined below) for the immediately preceding Call Notice, (3) a Call Notice may indicate that if the Exercise Price (as defined herein) applicable to an exercise of this Warrant pursuant to such Call Notice shall be lower than a dollar amount designated by the Company in such Call Notice (such dollar amount, a "Floor Price"), then, at the option of the
Company Call Option. Subject to Section 6.10(c), the Company shall have the option (the “Call Option”) at any time after the consummation of the Step 1 Sale and prior to any exercise of the Put Right by the Investor, to repurchase from the Investor, and the Investor shall sell to the Company, all of the shares of Series A Preferred Stock (or such number of the Series B Preferred Stock which were issued and delivered to the Investor on the Step 2 Closing Date in exchange for all the Series A Preferred Stock purchased by the Investor in the Step 1 Sale) then held by the Investor, on not less than five (5) days notice from the Company to the Investor, which notice shall include the intended date of settlement (the “Call Closing Date”), for a purchase price (the “Call Price”) equal to the liquidation preference of such shares of Series A Preferred Stock (including all accumulated and unpaid dividends and accrued interest thereon to the Put Closing Date). The Call Price shall be payable by the Company in immediately available funds to a bank account or bank accounts designated by the Investor on the Call Closing Date.
Company Call Option. The Company shall have the right to purchase sixty percent (60%), rounded to the nearest share and decreasing by five percent (5%) each calendar quarter, of the shares of Employee Stock upon Employee’s termination of this Agreement or a Termination by the Company for Cause, provided, however, that there shall be no Company Call Option if such termination by Employee is due to Constructive Discharge, a Change of Control, Death, or Disability (the “Company Call Option”). The Company Call Option shall be exercisable not later than thirty (30) days after such termination by notice to Employee from the Company.
Company Call Option. In the event that the Investor exercises its right of Put Refusal, the Investor hereby grants to the Company, the right and option (the “Company Call Option”), exercisable at any time after the date the Investor exercises its right of Put Refusal and for a period of thirty (30) days thereafter (the “Company Exercise Period”), to elect to purchase from the Investor, all, but not less than all, of the Ordinary Shares held by the Investor (the “Company Option Shares”) for the Call Fair Market Value.
Company Call Option. (a) Prior to a Call Option Transfer, the Company shall have the right, at its sole option, to purchase all but not less than all of the outstanding shares of New Common Stock deposited with the Depositary hereunder as of the Option Closing Date at a price per share of New Common Stock equal to the Option Exercise Price and on such other terms and conditions as are specified in this Depositary Agreement. The Company may elect to exercise the Call Option by delivery of the Call Option Exercise Notice to the Depositary at any time during the period (the "Call Period") commencing February 1, 2002 and continuing until December 31, 2002.
Company Call Option. Upon the occurrence of a Triggering Event (as defined below), the Company shall have the right (but not the obligation) to call this Warrant (the “Company Call Right”). The Company shall exercise the Company Call Right by providing written notice to the Holder of the occurrence of the Triggering Event (the “Call Notice”), which Call Notice shall be deemed to have been provided on the date that it is placed in regular mail or with an express courier company addressed to the Holder at the address set forth on the records of the Company. The Warrant shall expire twenty (20) days after the Company provides the Call Notice. A “Triggering Event” occurs at any time (i) the Company’s Common Stock is listed or quoted on any U.S. exchange or quotation service (including without limitation the OTC Bulletin Board, and Pink Sheets OTCQX and OTCQB), (ii) has for any twenty (20) consecutive trading-day period (A) a closing bid price of $.75 per share or greater as reported by Bloomberg, and (B) daily trading volume of 50,000 shares or greater as reported by Bloomberg, and (iii) a registration statement covering the resale of the Shares under the Securities Act of 1933, as amended (the “Act”) is effective.
Company Call Option. After October 30, 2009, the Company shall have the option, at any time when the Weighted Average Price of the Company Common Stock during the prior thirty (30) day period is $7.00 (appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction) or higher, to redeem the Note for cash at (100%) of the Conversion Amount, provided that (i) such redemption shall occur on the date that is twenty (20) Company Trading Days (the “Call Date”) following the date of the Company notice and (ii) prior to the Call Date, the provisions in Section 2 shall remain in effect.
Company Call Option. 8.1 Subject to and after the completion of the IPO, PubCo shall have the right to acquire up to seventy per cent. (70%) of all of the ordinary shares of PubCo then held by Investor from Investor, free and clear from any Encumbrance and with all rights attaching thereto (Call Option 1) after the date on which the Closing Price has been less than fifty per cent. (50%) of the IPO Price for three (3) consecutive trading days (excluding any Disrupted Trading Days) on the stock exchange on which such ordinary shares of PubCo are traded (Call Option Trigger Event 1). In exercising Call Option 1, PubCo shall acquire such number of ordinary shares of PubCo that is specified in the Call Option Exercise Notice in accordance with clause 8.3 at a price equal to the Agreed Return multiplied by a fraction, the numerator of which is the total number of ordinary shares of PubCo that is subject to Call Option 1 and the denominator of which is the total number of Subscription Shares and Additional Shares that are issued to Investor according to this Agreement rounded to the nearest dollar (subject to any adjustment as a result of conversion of Subscription Shares into ordinary shares of PubCo in any De-SPAC Transaction and any share split or consolidation of ordinary shares of PubCo after the IPO) (Call Option Price 1).
Company Call Option. Any Option Shares purchased by the Participant through the exercise of the Option shall be subject to the Company’s Call Option as follows:
