Common use of Exercise of Purchase Rights Clause in Contracts

Exercise of Purchase Rights. (a) On each Purchase Date, each Participant’s accumulated Contributions will be applied to the purchase of shares of Common Stock, up to the maximum number of shares of Common Stock permitted by the Plan and the applicable Offering, at the purchase price specified in the Offering. No fractional shares will be issued unless specifically provided for in the Offering.

Appears in 9 contracts

Samples: Support Agreement (Talaris Therapeutics, Inc.), Agreement and Plan of Merger (Supernova Partners Acquisition Co II, Ltd.), Agreement and Plan of Merger (Supernova Partners Acquisition Co II, Ltd.)

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Exercise of Purchase Rights. (a) On each Purchase Date, each Participant’s accumulated Contributions will be applied to the purchase of shares of Common StockShares (rounded down to the nearest whole share), up to the maximum number of shares of Common Stock Shares permitted by the Plan and the applicable Offering, at the purchase price specified in the Offering. No fractional shares will be issued unless specifically provided for in the Offering.

Appears in 1 contract

Samples: Business Combination Agreement (CBRE Acquisition Holdings, Inc.)

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