Examples of Exercise Period in a sentence
Irrespective of clause 6.5 above, should the Key Employee not be able to exercise his Warrants before the Expiry Date due to the Key Employee being in possession of inside information as defined under the Market Abuse Regulation (Regulation (EU) No 596/214), the Exercise Period will be extended until the first open trading window in which the Key Employee no longer holds inside in-formation, and thus may exercise the vested Warrants.
Warrants must be exercised by the Key Employee providing written notice to the Board within the relevant Exercise Window or Exit Exercise Period that the Key Employee wishes to exercise vested Warrants.
The Put Option Redemption Date will be the 10th Business Day after the end of the Change of Control Exercise Period.
The notice shall specify (i) the applicable Change of Control Conversion Price and early redemption price, (ii) the Bondholders’ entitlement to exercise their Conversion Rights or to exercise their right to require redemption of the Bonds, (iii) the Change of Control Exercise Period and (iv) relevant details concerning the Change of Control.
The Exercise Period affected by the blocking period shall be extended by the corresponding number of trading days immediately after the end of the blocking period.