Post Option definition
Examples of Post Option in a sentence
The exercise price and number of shares subject to such Post Option shall be adjusted to reflect the intrinsic value of such Post Option as of the Effective Time, as determined by the Board of Directors of Ralcorp in accordance with the procedures set forth on Schedule 13 hereto.
Any further assumption and/or adjustment of each Ralcorp Option and Post Option that may occur as of the Transfer Date shall be determined by the Board of Directors of Ralcorp in accordance with the procedures set forth on Schedule 13 hereto.
If the Parties do not execute the Joint Venture Agreement within a 120 day period from the date that the Post Option Interests in the Property are first determinable, then the terms of Schedule “B” shall constitute the Joint Venture Agreement (including such amendments as may be agreed to by the parties) with respect to the Property.
Upon completion of the Option Transaction, MPA will have good and valid title to the Optioned Shares, free and clear of all Liens other than (i) those restrictions on transfer, if any, contained in the articles of the Corporation and the Post Option Shareholders Agreement, and (ii) Liens granted by MPA.
Section 4.3(a) of the Post Disclosure Letter sets forth a complete and correct list, as of the date of this Agreement, of the total number of outstanding Post Options under the Post Equity Incentive Plans and the number of shares of Post Common Stock subject to each outstanding Post Option, the exercise price, and the grant date.
Upon the formation of the Joint Venture each of the Option Earner and the Option Grantor will have an initial participating interest in the Joint Venture that is equal to their respective Post Option Interests.
The Offer Notice shall set forth all Post Option Grants which the Sellers wish to Transfer.
Section 46 Information Provided Post Option ------------------------------------------------------------------ Exercise Date.
To the extent required pursuant to the preceding sentence, the amount of each such monthly payment shall be U.S. Seven Hundred Ninety Six Thousand Six Hundred Sixty Six Dollars ($796,666), payable on the Post Option Payment Date and each one month anniversary thereof; provided, however, that the payment will be pro rata for the month in which the Maturity Date occurs.
Until Buyer is able to obtain consent from IBM for an assignment of the IBM Messaging Alliance Agreement, Amendment 11 to IBM Messaging Alliance Agreement, IBM Post Option Services Agreement and IBM Dispute Resolution dated 12/23/96 (collectively, the "IBM Contracts"), Seller shall subcontract with Buyer under the terms of the IBM Contracts until the end of the respective current terms of the IBM Contracts, and Buyer agrees to perform the IBM Contracts in accordance with their respective terms.