Exercise of Call Option. During the Call Period, the Company may at any time, and from time to time, by giving written notice (the “Notice”) to any person or entity that owns any Option Shares issued upon exercise of the Option (each, a “Holder”), elect to purchase any or all of the Option Shares owned by such Holder, at the purchase price determined in accordance with subsection (a) above, as applicable.
Appears in 2 contracts
Samples: Omnibus Stock Incentive Plan Non Qualified Stock Option Agreement (General Nutrition Centers Inc), Corporation 2003 Omnibus Stock Incentive Plan Stock Option Agreement (General Nutrition Centers Inc)
Exercise of Call Option. During the Call Period, the Company may at any time, and from time to time, by giving written notice (the “"Notice”") to any person or entity that owns any Option Shares issued upon exercise of the Option (each, a “"Holder”"), elect to purchase any or all of the Option Shares owned by such Holder, at the purchase price determined in accordance with subsection (a) above, as applicable.
Appears in 1 contract
Samples: Omnibus Stock Incentive Plan Stock Option Agreement (GNC Corp)
Exercise of Call Option. During the Call Period, the The Company may at any time, and from time to time, by giving written notice (the “"Notice”") to the Optionee or any person or entity that owns any Option Shares issued upon exercise of the Option transferee (eacheither, a “"Holder”"), elect to purchase any or all of the Option Shares owned previously acquired by such Holderthe Optionee through exercise of the Option, at the purchase price determined in accordance with subsection (a) above, as applicable.
Appears in 1 contract
Samples: Stock Option Plan Option Agreement (Cherokee International Corp)
