Pure Options definition

Pure Options means the options to purchase Pure Shares which were issued and outstanding prior to the Amalgamation and which were exchanged for Options pursuant to the Amalgamation.
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Pure Options means up to 10,000,000 options of Pure, each such option entitling the holders to acquire one Pure Share;
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Examples of Pure Options in a sentence

  • For greater certainty, the funds remitted in respect of the payment obligations of Pure in respect of Pure Options as set out in Section 2.12 of the Disclosure Letter will only be in respect of validly surrendered Pure Options.

  • Subject to the terms, conditions and provisions of the Plan and those hereinafter set forth, each Pure Options to purchase that number of Pure Shares as set forth under "Original Grant Number" on Annex A has been converted into an option to purchase that number of shares of the common stock, par value $1.00 of Unocal ("Shares") as set forth under "Adjusted Grant Number" on Annex A (the "Options"), subject to any future adjustment in accordance with the provisions of Section 7 of this Agreement.

  • As of the date of this Agreement, there are no Pure Options outstanding under the Pure Option Plan.