Units Reserved Sample Clauses
Units Reserved. Company shall at all times during the Option Period reserve and keep available such number of Units as will be sufficient to satisfy the requirements of this Option.
Units Reserved. (a) The maximum number of Units that may be reserved for issuance under the Plan is 776,034, which will be equal to the number of Original Options outstanding immediately prior to the Effective Time. The maximum number of Units will be reduced as Exchange Options are exercised and the Units so reserved are issued.
(b) The maximum number of Units that may be reserved for issuance to any one Eligible Person under the Plan is 5% of the number of Units outstanding at the time of reservation.
Units Reserved. 6 3.3 Limits with respect to Insiders................................................................6 3.4