Common use of Compensation Options Clause in Contracts

Compensation Options. The Company shall deliver and issue to the Lead Underwriter, on behalf of the Underwriters on the applicable Closing Date, that number of Compensation Options equal to 7.5% of the number of Offered Securities sold pursuant to the Offering, together with the Over-Allotment Option.

Appears in 4 contracts

Sources: Underwriting Agreement (Aralez Pharmaceuticals Inc.), Underwriting Agreement (Aralez Pharmaceuticals Inc.), Underwriting Agreement (Aralez Pharmaceuticals Inc.)