Right to Exercise definition

Right to Exercise. The Option Right shall be exercisable as of the Date of Grant as to _____ shares of Common Stock. Of the remaining _____ shares of Common Stock, the Option Right in respect of one-third of such shares shall become exercisable on each of the first three anniversaries of the Date of Grant, if the Optionee remains in the continuous employment of the Company through such date.
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Right to Exercise. The Option in respect of one-fifth (1/5) or 20.0% of the shares shall become exercisable on each of the first five anniversaries of the Date of Grant, if the Optionee remains in the continuous employment of the Company through such dates.
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Right to Exercise is set forth at Section 3.1 of the Optionee’s Stock Option Agreement dated as of the Date of Option Grant.
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Examples of Right to Exercise in a sentence

  • Notwithstanding the provisions of Section 2 "Right to Exercise Option" and Section 3 "Termination of Employment" of this Agreement, in the event of a Change in Control, any portion of this option that is then not exercisable shall become immediately exercisable.

  • The period of time within which the Option to Extend may be exercised shall not be extended or enlarged by reason of Tenant's inability to exercise the Option to Extend because of the foregoing provisions of this Paragraph, even if the effect thereof is to eliminate Tenant's Right to Exercise the Option to Extend.

  • The following provision supplements Section 4(a) of the Option Terms (Right to Exercise): Notwithstanding anything to the contrary in the Award Agreement, the Option may not be exercised until such time as all necessary approvals from SAFE have been received under applicable exchange control rules with respect to options granted under the Plan, as determined by the Company in its sole discretion.

  • If the Authority failed to exercise its right of first within 45 days of its receipt of the Notice of Right to Exercise Right of First Refusal, then would be free to deliver the Conserved Water to XYZ under its Shortage Contract without regard to the Authority’s projected or existing shortage under this Agreement.

  • Within five days of the later of the Board’s approval or execution of the Shortage Contract, would be required to send a copy of the Shortage Contract and a Notice of Right to Exercise Right of First Refusal to the Authority.


More Definitions of Right to Exercise

Right to Exercise. On each anniversary of the Date of Grant the number of Optioned Shares equal to 20% multiplied by the initial number of Optioned Shares.
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Right to Exercise schedules set forth in the Agreements, on the date of the Executive Subcommittee of the Compensation Committee’s decision as indicated on the attached Exhibit A, each of the Options granted under the Agreements shall be fully vested and exercisable as to all Shares subject to such Option for the remaining term of such Option in accordance with and subject to the terms and conditions of the Plan and the applicable Agreement.
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Related to Right to Exercise

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer or their nominee.

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares during the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. 60 months 0.261 0.281 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise shall be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable.

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.