New Options. In the event additional options to purchase Common Stock vest prior to the Closing, Lubrizol shall exercise, or cause to be exercised, such options, the resulting shares of Common Stock shall be included in Seller's Shares and the L Purchase Price shall be increased by an amount equal to (a) the number of shares of Common Stock, if any, resulting from the exercise of such options multiplied by (b) the difference between $13 and the average option exercise price for such options.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Dow Chemical Co /De/), Stock Purchase Agreement (Lubrizol Corp)