Remaining Options Sample Clauses

Remaining Options. Landlord and Tenant acknowledge and agree that, pursuant to the Option Addendum, Tenant has one additional and remaining 5-year option (“Remaining Option”) to extend the Term of the Lease beyond the First Option Termination Date, pursuant to the terms of the Option Addendum. Notwithstanding the foregoing or anything to the contrary contained in the Option Addendum, if Tenant exercises the Remaining Option, the Monthly Base Rent from the commencement of the Remaining Option through the end of the thirtieth (30th) month thereafter shall be $66,904.35 and shall thereafter increase to $71,922.18 at the beginning of the thirty-first (31st) month through the end of the Remaining Option.

Remaining Options. All unvested options previously granted to Executive that are not listed on Exhibit A shall be terminated and canceled as of Executive’s Separation Date.

Remaining Options. Following the Closing of the repurchase by CSI of Holder’s Repurchase Option Shares, as provided herein, CSI and Holder acknowledge and agree that Holder shall continue to hold the balance of Holder’s Option Shares as provided under the Option Agreement and Plan provided that, such balance of the Holder’s Option Shares held by Holder pursuant to the terms of the Option Agreement and Plan. shall automatically be converted into options for 118.42 Holder Option Shares in VBYR.

Remaining Options. The remaining 844 Time-Based Options and 19,702 Performance-Based Options which were vested and exercisable as of December 31, 2010 will expire and be forfeited on the Termination Date.

Remaining Options. The Company confirms and agrees that all other options granted to Messrs. ▇▇▇▇▇▇ and Savage, including the balance of the options awarded to each of them in September 1996 which are not being cancelled under paragraph 1, shal remain in full force and effect in accordance with their respective terms and shall not be affected by this Agreement.

Remaining Options. Section 2(a) of the Option Agreement is hereby amended to read to change the reference to "5,188,913" to "3,500,000". For purposes of clarification, the parties agree that to the extent the Grantee acquires Option Shares pursuant to the partial exercise referred to in this Amendment, the remaining number of Option Shares shall be reduced by the number of Option Shares so acquired. Section 3(b) of the Option Agreement is hereby deleted.

Remaining Options. Executive acknowledges and agrees that he will not be entitled to, and hereby waives and entitlement he might otherwise have to, accelerated vesting of any unvested options as a consequence of his retirement from the Company. All unexercised options previously granted to Executive that are not described in Section 3(b) shall be terminated and canceled as of Executive’s Separation Date.