Offering Option definition

Offering Option has the meaning ascribed to such term in Section 10.1(e).
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Offering Option option entitling the Agent to sell additional Shares at a price of U.S. $3.50 per Option Share at any time on or before the date which is 30 days following the closing date "Offering Option Compensation Option" compensation option entitling the Agent to Purchase 10% of the number of Option Shares issued at the Offering Option closing at a price of U.S. $3.50 per Share at any time on or before the date which is two years following the closing "Transfer Agent" Interwest Transfer Co., Inc.
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Offering Option has the meaning ascribed to such term in Section 7.1(g).
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Examples of Offering Option in a sentence

  • On the first Option Closing Date (if any), the Company Offering Option Shares shall have been approved for listing on the Exchange, subject only to official notice of issuance.

  • Each Company Offering Firm Share or Company Offering Option Share is a “Company Offering Share” and collectively are the Company Offering Shares.

  • The Offering Option shall vest subject to the Executive satisfying certain performance thresholds, as described in the Stock Option Agreement in the form attached hereto as Exhibit C.

  • The net proceeds of the Company Offering Option Shares and the Option Company Warrants will be deposited with the Company’s account.

  • All of the Company Offering Option Shares and Option Company Warrants will be issued by the Company.

  • Among the [●] Option Shares, [●] shares of Common Stock (each, a “Company Offering Option Share” and collectively, the “Company Offering Option Shares”) will be issued by the Company, and [●] shares of Common Stock (each, a “Selling Stockholder Option Share” and collectively, the “Selling Stockholder Option Shares”) will be sold by the Selling Stockholders, as set forth in Schedule 2-A.

  • RSH agrees that he may not substitute any shares for any of the Buy/Sell Shares or the Public Offering Class A Shares, and that the Put Option may only be exercised with respect to the Buy/Sell Shares and the Public Offering Option may be exercised only with respect to the Public Offering Class A Shares.

  • In the event the Corporation shall subdivide, consolidate or otherwise change its Common Shares during the period the Offering Option is outstanding, the Option Shares issuable upon the exercise of the Offering Option shall similarly be subdivided, consolidated or changed such that the Agent receives the same number and type of securities that it would have otherwise received had it exercised in full such option prior to such subdivision, consolidation or change.

  • In connection therewith, the Company hereby grants to the Consultant the option (the "Initial Public Offering Option") to acquire, for no additional consideration, on the day of the completion of the Initial Public Offering, such number of common shares of the Company so that the Consultant will own 4% of the issued and outstanding common shares on completion of the Initial Public Offering.

  • The net proceeds of the Company Offering Option Shares and the Option Warrants will be deposited with the Company’s account.