Option Shares definition

Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

Option Shares means the aggregate number of Shares which an Optionee may purchase under an Option.

Option Shares means the number of shares of Common Stock subject to the option.

Examples of Option Shares in a sentence

• The Company shall not invest, or otherwise use the proceeds received by the Company from the sale of the Firm Shares or the Option Shares in such a manner as would require the Company or any of its subsidiaries to register as an “investment company” (as defined in the Investment Company Act) under the Investment Company Act.

• As of the Execution Date, the Company has reserved and the Company shall continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of shares of Common Stock for the purpose of enabling the Company to issue Option Shares pursuant to the Over-Allotment Option.

• Neither the issuance, sale and delivery of the Firm Shares and the Option Shares nor the application of the proceeds thereof by the Company, in each case, as described in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus, will violate Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of such Board of Governors.

• Except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus, neither the Company nor any of its subsidiaries is a party to any contract, agreement or understanding with any person (other than this Agreement) that would give rise to a valid claim against any of them or any Underwriter for a brokerage commission, finder’s fee or like payment in connection with the offering and sale of the Firm Shares or the Option Shares.

• The registration of the Closing Shares and the Option Shares under the Exchange Act has been declared effective by the Commission on the Execution Date.

More Definitions of Option Shares

Option Shares means Shares covered by an outstanding Option or purchased under an Option.

Option Shares has the meaning specified in Section 2 of this Agreement.

Option Shares means the number of shares of Common Stock subject to the option as specified in the Grant Notice.

Option Shares means Shares issuable by the Corporation upon the exercise of outstanding Options;

Option Shares means the shares of Company Common Stock issuable pursuant to a Company Option in accordance with terms of such Company Option.

Option Shares has the meaning set forth in Section 2.2(a).

Option Shares means outstanding shares of Stock that were issued to a Holder upon the exercise of a Stock Option.