Share Option. 2.01 The Corporation hereby grants to the Optionee, subject to the terms and conditions hereinafter set out, an irrevocable option to purchase at any time or from time to time on or before the Expiration Date, 10,000 common shares of the Corporation at a price of $0.20 per Share.
Share Option. Subject to approval by the Board, the Company will grant to Director, pursuant to the Company’s Share Incentive Plan (the “Plan”) an option (the “Option”) to purchase 30,000 shares of Ordinary Shares of a par value of US$0.0001 each of the Company at an exercise price per share equal to the price for the Company’s ordinary share in the Company’s initial public offering, subject to the approval by the Board. The Option shall vest over a four-year period after the Effective Date pursuant to the terms of the option agreement between the Company and Director (the “Option Agreement”), with such vesting subject to Director’s continuous service as a member of the Board. The Option shall in all respects be subject to the terms and conditions of the Plan and the Option Agreement.
Share Option. The Borrower may repay the whole of the Loan under Clause 4.1 or make a prepayment of the whole of the Loan (but not part only) under Clause 4.2 by issuing all of the Shares in the name of the Lender, and the Loan shall be deemed to have been repaid in full upon such issue of all of the Shares.”
Share Option. The Company agrees to grant Director an option to purchase shares of Common Stock of the Company under the 2003 Omnibus Plan (the "Plan) at the fair market value of $0.80 per share, which is equal to the closing price of the Company’s common stock on October 15, 2011, with the total amount of options granted equal to 50,000 shares of the Company’s common stock. The option shall vest on a quarterly basis (4,166 shares of option to vest on the first 11 quarter anniversaries of the grant and 4,174 shares of option to vest on the 12th quarter anniversary of the grant with the initial 4,166 shares of option vesting to commence on January 15, 2012), and all vesting conditional upon continued service as a Director of the Company as of each such anniversary. Further, the option allows for cashless exercise.
Share Option. (a) The Corporation hereby grants to the Optionee an irrevocable option (the “Option”) to purchase, on the terms hereinafter provided, all or any part of 100,000 common shares (such shares being hereinafter referred to as the “Optioned Shares”) in the capital of the Corporation at a price of $7.20 (Canadian) per share, being the closing price of a common share sold as part of a board lot of such shares on The Toronto Stock Exchange (the “Exchange”) on November 7, 1997.
Share Option. 2.1 The Corporation hereby grants to the Optionee, subject to the terms and conditions hereinafter set forth, an irrevocable option (previously defined as “Share Option”) to purchase, on or before the Expiration Date, Option Shares at a price of (Cdn.) $1.25 per Option Share, subject to the vesting provisions set forth herein.
Share Option. 2.1 Subject to the terms and conditions hereinafter set out, the Corporation hereby grants to the Executive, an irrevocable option to purchase • (•) Shares of the Corporation at an exercise price of • Dollars • Cent (CDN $•) per Share, which may be exercised on the following basis:
Share Option. Concurrently with the contract date, the Company shall grant to the Executive an option, under the Company's 1996 Share Option Scheme (the "Option Scheme"), to purchase up to 83,696 of the Company's Ordinary Shares (the "Option") at an exercise price of one cent (US) per share pursuant to the terms of that certain Share Option Agreement substantially in the form attached hereto as Exhibit "B" and incorporated herein by this reference. The Option shall vest over a four (4) year period commencing on the contract date and shall continue to vest during any applicable severance period referred to in Section 5.3 above.
Share Option. 3.1 For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Top Tone Holdings shall, subject to the provisions of this Clause 3, have the irrevocable and unconditional right to acquire up to 4% of the issued share capital of CME Bulgaria (the "Share Option").
Share Option. The Executive shall be granted an option (the “Option”) to purchase an aggregate of ordinary shares of each in the Company (the “Option Shares”) at a purchase price of per Option Share and subject to a -year vesting scheme, with % of the Option Shares being vested , % of the Option Shares being vested and the remaining % of the Option Shares being vested , in accordance with the Option Plan of the Company (the “Option Plan”). For avoidance of doubt, the Executive shall be responsible for and shall not be entitled to any claims against the Company for any taxes arising from the vesting of the Option Shares or the exercise of the Option in respect of any Option Shares.
