Compensation Options definition

Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;
Compensation Options has the meaning ascribed thereto on the face page of this Agreement;
Compensation Options has the meaning ascribed in Section 8.1.

Examples of Compensation Options in a sentence

  • The Director acknowledges that each grant of Compensation Options is subject to applicable rules of any stock exchange or regulatory body having jurisdiction over the securities of the Company.

  • Both the Director and the Company agree that, in the event of Director’s resignation or termination with cause as a Director of the Company, the Company may cancel any Compensation Options that have not been granted.

  • In consideration of the Director agreeing to join the Board of Directors and enter into this Agreement and providing the Services to be rendered by the Director pursuant to this Agreement, the Company shall grant to the Director 10,000,000 options to purchase common shares in the capital stock of the Company (the "Compensation Options") with an exercise price of $0.10, immediate vesting and term of five years from date of grant.

  • The Company issued 420,000 Compensation Options to the agent as compensation in connection with the Supplement Offering.


More Definitions of Compensation Options

Compensation Options shall have the meaning set forth in section 10 hereof;
Compensation Options has the meaning ascribed in Section 16 of this Agreement;
Compensation Options has the meaning ascribed to such term in Section 14 hereof;
Compensation Options has the meaning given to it above;
Compensation Options means the options granted to the Agent as compensation for its services in relation to this Offering entitling the Agent to purchase one Common Share per compensation option for a period of 24 months after the Closing Day.
Compensation Options has the meaning ascribed thereto on the second page of this Agreement;
Compensation Options has the meaning given to that term in the sixth paragraph of this Agreement;