Initial Public Offering. Option Shares acquired on exercise of any Option will be subject to the terms and conditions of the Stockholders’ Agreement. The Company and Optionee acknowledge that they will agree to provide the Company with the right to require Optionee and other executives of the Company or any Subsidiary to waive any registration rights with regard to such Option Shares upon an IPO, in which case the Company will implement an IPO bonus plan in cash, stock or additional options to compensate for Optionee’s and the other executives’ loss of liquidity.
Appears in 7 contracts
Samples: Form of Nonqualified Stock Option Agreement (HealthMarkets, Inc.), Nonqualified Stock Option Agreement (HealthMarkets, Inc.), Form of Nonqualified Stock Option Agreement (HealthMarkets, Inc.)
Initial Public Offering. Option Shares acquired on exercise of any Option will be subject to the terms and conditions of the Stockholders’ Stockholders Agreement. The Company and Optionee acknowledge that they will agree to provide the Company with the right to require Optionee and other executives of the Company or any Subsidiary to waive any registration rights with regard to such Option Shares shares upon an IPO, in which case the Company will implement an IPO bonus plan in cash, stock or additional options to compensate for Optionee’s and the other executives’ loss of liquidity.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (HealthMarkets, Inc.), Nonqualified Stock Option Agreement (HealthMarkets, Inc.), Nonqualified Stock Option Agreement (HealthMarkets, Inc.)
Initial Public Offering. Option Shares acquired on exercise of any Option will be subject to the terms and conditions of the Stockholders’ Stockholders Agreement. The Company and Optionee acknowledge that they will agree to provide the Company with the right to require Optionee and other executives of the Company or any Subsidiary to waive any registration rights with regard to such Option Shares upon an IPO, in which case the Company will implement an IPO bonus plan in cash, stock or additional options to compensate for Optionee’s and the other executives’ loss of liquidity.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (HealthMarkets, Inc.), Nonqualified Stock Option Agreement (HealthMarkets, Inc.)
Initial Public Offering. Option Shares acquired on exercise of any Option will be subject to the terms and conditions of the Stockholders’ Agreement. The Company and Optionee acknowledge that they will agree to provide the Company with the right to require Optionee and other executives of the Company or any Subsidiary to waive any registration rights with regard to such Option Shares upon an IPO, in which a case the Company will implement an IPO bonus plan in cash, stock or additional options to compensate for Optionee’s and the other executives’ loss of liquidity.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (HealthMarkets, Inc.)
