Employee Warrants definition
Examples of Employee Warrants in a sentence
The Company shall not issue Key Employee Warrants for the purchase of more than 55,000 shares of Common Stock, in the aggregate.
The Company may issue to any Person who is an employee, officer, or director of the Company or AAI warrants for the purchase of up to 50,100 shares of Common Stock at an exercise price of no less than $5.00 per share, provided that immediately prior to the receipt of any such warrant the recipient thereof agrees to be bound by the terms and conditions of this Agreement (such warrants, together with similar outstanding warrants to purchase up to 4,900 shares of Common Stock, the "Key Employee Warrants").
At the Closing, PSW shall deliver to PSI (i) certificates representing the Shares and (ii) the Warrant and (iii) such other documents (including the Employee Warrants) and undertakings as may be necessary to reflect the obligations of PSW as herein set forth.
The VTI Warrants and the VTI Employee Warrants shall terminate and be of no further force or effect with respect to any portion thereof that has not vested upon the termination or expiration of this Agreement.
Key Employee Warrants issued after the date hereof must terminate, if not exercised, no later than April 25, 2004.
The shares of Common Stock sold hereunder at the Closing (as defined below) shall be referred to as the “Shares”, the shares of Common Stock issuable upon exercise of or otherwise pursuant to the Pre-Funded Warrants shall be referred to as the “Warrant Shares” and the Shares, the Pre-Funded Warrants, the Employee Warrants (including, as applicable, the Warrant Shares and the Employee Warrant Shares issuable in exchange therefore) shall be collectively referred to as the “Securities”.
At, or prior to, the Closing, the Company shall issue warrants to purchase up to an aggregate of 1,350,000 shares of the Company's Common Stock to certain key employees of the Company (the "Key Employee Warrants") in substantially the form attached hereto as Exhibit E.
During the twelve (12)-month period described in the first sentence of this Section 3.1.1, VTI shall identify in written notices to MathStar the identities, addresses and Social Security numbers of the VTI Employees and the number of VTI Employee Warrants each VTI Employee is to receive.
The tax returns of the Company and the Subsidiaries have been assessed by the tax authorities through the tax years up to and including the years for which such assessment is required and except in relation to the Employee Warrants set out in Clause 11.3.1, neither the Company nor any of the Subsidiaries is subject to any dispute with any such authority.
The Employee Warrants That the Employee Has Read This Extra Duty Assignment Contract and Understands Its Terms and Conditions.