Shares and Options. Except as contemplated hereby, until the earlier of the Effective Time or the Termination of this Agreement pursuant to Article VI (the "Release Time") without the prior written consent of Xxxxxxxxxxxx.xxx, no share of capital stock of the Parent or the Merger-Sub or any option or warrant for any such share, right to subscribe to or purchase any such share, or security convertible into or exchangeable for any such share, shall be issued or sold by the Parent or the Merger-Sub, nor shall the Parent or the Merger-Sub enter into any agreement or commitment to effect any such issuance or sale.
Shares and Options. Should the Company elect not to renew this Agreement after the Term or any Renewal Term, or should Executive voluntarily terminate his employment, then Executive shall retain the vested portion of any Plan award and the unvested portion will expire immediately upon Executive’s termination of employment. In each such case, all vested Plan awards shall be non-forfeitable and shall retain their original expiration date.
Shares and Options. The shares and options described in schedule 1 constitute all of the issued Securities and all rights to be issued Securities of the Company immediately prior to Completion.
Shares and Options. Until the Release Time, no shares of capital stock of 24x7, options or warrants for such shares, rights to subscribe to or purchase such shares, or securities convertible into or exchangeable for such shares, shall be issued, granted or sold by 24x7, otherwise than as may be required upon the exercise of 24x7 stock options that were outstanding on the date this Agreement was signed.
Shares and Options. Until the Release Time, no shares of capital stock of DGBI, options or warrants for such shares, rights to subscribe to or purchase such shares, or securities convertible into or exchangeable for such shares, shall be issued, granted or sold by DGBI, otherwise than as may be required upon the exercise of DGBI stock options.
Shares and Options. Except as contemplated hereby, until the earlier of the Effective Time or the Termination of this Agreement pursuant to Article VI (the "Release Time") without the prior written consent of Duck, no share of capital stock of the Parent or the Merger-Sub or any option or warrant for any such share, right to subscribe to or purchase any such share, or security convertible into or exchangeable for any such share, shall be issued or sold by the Parent or the Merger-Sub, nor shall the Parent or the Merger-Sub enter into any agreement or commitment to effect any such issuance or sale.
Shares and Options. As further compensation for the provision of the Services, Company shall grant Consultant the following securities:
Shares and Options. Simultaneously with the Recapitalization Closing all shares of the Company's common stock issued to the Executive pursuant to the Company's 1998 Stock Option Plan, the Stock Grant Agreement executed by the execution pursuant thereto and otherwise shall vest in Executive free and clear of any and all rights of the Company with respect thereto, except as otherwise specifically set forth in the Stockholders Agreement dated as of the Recapitalization Closing among the Company and its stockholders named therein.
Shares and Options. (A) There is no option, right to acquire, mortgage, charge, pledge, lien or other form of security or encumbrance on, over or affecting any part of the issued or unissued share capital of the Company and there is no agreement or commitment to give or create any of the foregoing and no claim has been made by any person to be entitled to any of the foregoing which has not been waived in its entirety or satisfied in full.
Shares and Options. Until the Release Time, no shares of capital stock of Mentor, options or warrants for such shares, rights to subscribe to or purchase such shares, or securities convertible into or exchangeable for such shares, shall be issued, granted or sold by Mentor, otherwise than as may be required upon the exercise of Mentor On Call Inc stock options.
