Option Exercise Notices definition
Examples of Option Exercise Notices in a sentence
You must complete a separate Nonqualified Stock Option Exercise Notice each time you exercise NSOs granted under each Award Agreement (e.g., if you are exercising 200 NSOs granted January 1, 2007 and 100 NSOs granted January 1, 2008 under a separate award agreement, you must complete two Nonqualified Stock Option Exercise Notices, one for each set of NSOs being exercised).
Seller hereby authorizes UBSFS to deliver such Stock Option Exercise Notices to Issuer on Seller’s behalf as necessary to effectuate such exercises and settle the sales of Stock underlying such Options under the Trading Plan.
You must complete a separate Nonqualified Stock Option Exercise Notice each time you exercise NQSOs granted under each Award Agreement (e.g., if you are exercising 200 NQSOs granted January 1, 2006 and 100 NQSOs granted January 1, 2007 under a separate award agreement, you must complete two Nonqualified Stock Option Exercise Notices, one for each set of NQSOs being exercised).
On or prior to the First Closing Date, subject to receipt of fully executed Option Exercise Notices (as defined below) from ▇▇.
Glenn will have taken all actions and executed all necessary documentation (including appropriate Option Exercise Notices (as defined below)) to properly exercise his Options in compliance with (i) the applicable Company employees benefit plans, the applicable option agreements and other agreements governing such Options, (ii) the organizational documents of the Company and (iii) all applicable laws.
Glenn will take, or cause to be taken, all actions necessary to fully and properly exercise his Options on or prior to the First Closing Date, including providing all documentation (including the Option Exercise Notices), certificates and instructions as may be reasonably requested by the Company, the Representatives or the Bank of New York, as transfer agent for the Company.
Glenn will not terminate, cancel or revoke his Option Exercise Notices with respect to such Options, nor take any action which would result in any such termination, cancellation or revocation of such Option Exercise Notice or would cause the exercise of the Options not to occur.
The Call Options can only be exercised and such Call Option Exercise Notices may only be served during the period beginning on the Completion Date and ending on or before 30 December 2006 (inclusive).
After exercising such Options, such Option Exercise Notices shall be irrevocable and ▇▇.
Provided no Event of Default arising as a result of the failure to pay Minimum Rent has occurred and is continuing hereunder, Lessee shall be entitled to exercise the foregoing option to purchase the Leased Property of one or more of the Facilities by delivering one or more Option Exercise Notices (and complying with the other requirements set forth above) at any time during the periods described herein.