Exercise Payment definition

Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;
Exercise Payment means a payment described in Section 8 upon the exercise of a Share Option.
Exercise Payment has the meaning set forth in Section 7.2.1.

Examples of Exercise Payment in a sentence

  • In the manner set out in Paragraph (e) below, the Holder shall be deemed to have become the holder of record of, and shall be treated for all purposes as the record holder of, the Warrant CDIs represented by such exercise (and such Warrant CDIs shall be deemed to have been issued) immediately prior to the close of business on the date upon which the Exercise Payment is paid to the Company.

  • The Exercise Payment also may be paid at the Holder’s election by surrender of all or a portion of the Warrant for the Warrant CDIs to be exercised under this Warrant (“Net Exercise”).

  • US$700,000 to the Optionor on or before the 12 month anniversary of the date of payment of the Fourth Option Exercise Payment to earn an additional 10% interest (for a total of 90%) (the “Fifth Earn-in Option”).The Optionor can elect to receive any of the Option Payments, in lieu of the respective cash amounts, in units of the Company.

  • On or before the Required Exercise Payment Date, the Required Exercise Shares must be purchased from the Company at the Exercise Price.

  • At the discretion of the Committee, the Exercise Payment may be made in cash, Shares, including Restricted Shares, or a combination thereof.


More Definitions of Exercise Payment

Exercise Payment is defined in Section 3(b). ---------------- ------------
Exercise Payment shall have the meaning set forth in SECTION 4 hereto.
Exercise Payment has the meaning set forth in Section 0.
Exercise Payment means an amount equal to the product of: (i) ------- the Vested Percentage Interest as of the date of the Cash-Out Event multiplied ---------- by (ii) an amount equal to (x) the Cash-Out Value minus (y) the Starting Value. -- -----
Exercise Payment means the payment of $50,000,000 by the Purchaser to the Owners, on behalf of the Company, to be delivered concurrently with the Exercise Notice and in accordance with Section 2.2(a) of the Option Agreement.
Exercise Payment means an amount equal to: (a)the number of Options being exercised; multiplied by the sum of (b)the Market Value of the same number of Shares as Options being exercised, less the aggregate Subscription Price for the Options being exercised.
Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of