Second Option Shares definition

Second Option Shares. Means the number of shares in GA shown in the Schedule as due to be issued to the Shareholder on the Second Anniversary of the Stock Purchase Agreement

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Second Option Shares shall have the meaning provided in Section 7.

Second Option Shares shall have the meaning set forth in Section 2(b) hereof.

Examples of Second Option Shares in a sentence

Notwithstanding such pledge, Continental shall retain full beneficial ownership of the Second Option Shares, including without limitation the right to vote such shares and to hold such shares for all purposes under the Shareholders Agreement.
The exercise price for the Second Option shall be the nominal value of the Second Option Shares, and such amount shall be paid to the Company via wire transfer to an account specified to Continental by the Company.
The purchase price for the Second Option Shares shall be a total of $xxxxxxx, which shall be payable in cash at the closing of the Second Option exercise and allocated among Xxxxxxx, Xxxxxxx and XXXXXXX in proportion to the number of shares sold by each at that closing.
In consideration of the grant of the Second Call Option in accordance with clause 3.2 and for the additional consideration set out in Clause 4, the Optionee hereby grants to the Grantors an option to require the Optionee to purchase from the Grantors the Second Option Shares on the terms (including price) set out in this Agreement.
At the Initial Closing, Ansan shall grant to Titan an option in the form attached hereto as Appendix C (the "Second Option"), exercisable at any time until August 8, 2000, to purchase up to 500,000 shares of Ansan Common Stock (the "Second Option Shares") for a purchase price of $6.50 per share.

More Definitions of Second Option Shares

Second Option Shares means the 21,904 “C” Ordinary Shares of €0.001 each held by the Grantors in the numbers set out in Schedule 1, subject to any changes thereto arising out of the transfer of any First Option Share or Second Option Shares by any Employee Grantor to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or the transfer of the Second Option Beneficial Shares to the Beneficial Grantor;

Second Option Shares has the meaning specified in Section 2.1 of this Agreement.

Second Option Shares means 2,428,600 shares of Series B Preferred Stock and 285,700 shares of Series C Preferred Stock.

Second Option Shares has the meaning set forth in the recitals.

Second Option Shares means the beneficial interest in the 158,417 C Ordinary Shares of €0.0001 each in the capital of the Company as is set out in column E of Schedule 1 (together with any other shares, stock or securities relating thereto referred to in clause 8) and, where the First Call Option or First Put Option has not been previously exercised, the First Option Shares;

Second Option Shares means those shares held by the Investor in the capital of the Company and/or (in the event that the First Conversion Option has been exercised) the Subsidiary, at the time the Second Conversion Option is exercised; and

Second Option Shares means all outstanding shares of SVL Minerals or Newco, as applicable, not then held by Silver Dollar, to be acquired by Silver Dollar upon the exercise of the Second Option.