Examples of Option Proceeds in a sentence
The Macara Vendor has entered into a participation agreement with an employee of the Company and the son of the Company’s President to share the Option Proceeds equally.
Torres has entered into a participation agreement with an employee of the Company and the son of the Company’s President to share the Option Proceeds equally.
The return of Option Proceeds is in addition to and separate from any other relief available to the Corporation due to the executive officer’s Contributing Misconduct.
Pending the deployment for the uses identified above, the Option Proceeds may be deposited with banks and/or financial institutions or invested in money market instruments and/or securities, or used for any other purpose on a short-term basis, as the Directors may in their absolute discretion deem fit.
Where there is any material deviation from the stated use of Option Proceeds, the Company will announce the reasons for such deviation.