Shares purchasable definition

Shares purchasable. Shares Exercise Price: $______________ per Share
Shares purchasable hereunder after giving effect to such adjustment, and shall cause copies of such certificate to be mailed (without regard to Section 13 hereof, by first class mail, postage prepaid) to the holder of this Warrant at such holder's last known address.
Shares purchasable. Shares Exercise Price: $_____ per Share, being the fair market value thereof on the Grant Date Option vests and be- As to one-third of the Shares on each of comes exercisable: the first, second and third anniversaries of the Grant Date, except that different vesting and exercisability provisions may apply upon the occurrence of certain events specified in Section 5 or 6 hereof Expiration Date: The tenth anniversary of the Grant Date (at the close of business) (the "Stated Expiration Date") or, in the event Employee's employment by the Company or its subsidiaries earlier terminates, then at the date the Option expires or ceases to be exercisable as provided under Section 5 hereof, or, in the event of a Change in Control, as provided in Section 6 The Option is subject to the terms and conditions of the Plan and this Agreement, including the Terms and Conditions of Option Grant attached hereto. The number and kind of shares purchasable and the Exercise Price are subject to adjustment in accordance with Section 11(c) of the Plan. Employee acknowledges and agrees that (i) the Option is nontransferable, except as provided in Section 4 hereof and Section 11(b) of the Plan, (ii) the Option, and certain amounts of gain realized upon exercise of the Option, are subject to forfeiture in the event Employee fails to meet applicable requirements relating to non-competition, confidentiality, non-solicitation of customers, suppliers, business associates, employees and service providers, non-disparagement and cooperation in litigation with respect to the Company and its subsidiaries and affiliates, as set forth in Section 7 hereof and Section 10 of the Plan, (iii) the Option is subject to forfeiture in the event of Employee's termination of employment in certain circumstances, as provided in Section 10 of the Plan and Section 5 hereof, (iv) sales of Shares will be subject to the Company's policies regulating securities trading by employees and the securities laws of the United States and (v) a copy of the Plan and related prospectus have previously been delivered to Employee, are being delivered to Employee or are available as specified in Section 1 hereof.

Examples of Shares purchasable in a sentence

  • Partial exercises of this Warrant resulting in purchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased.

  • Upon the occurrence of any event which requires any adjustment of the Exercise Price, then, and in each such case, the Company shall give notice thereof to the holder of this Warrant, which notice shall state the Exercise Price resulting from such adjustment and the increase or decrease in the number of Warrant Shares purchasable at such price upon exercise, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.

  • If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased.

  • The number of full Warrant Shares which shall be issuable upon the exercise of this Warrant shall be computed on the basis of the aggregate number of Warrant Shares purchasable on exercise of this Warrant so presented.

  • Upon every adjustment of the Warrant Price or the number of Ordinary Shares issuable upon exercise of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting from such adjustment and the increase or decrease, if any, in the number of Ordinary Shares purchasable at such price upon the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.

  • If, after the date hereof, and subject to the provisions of Section 6.3 below, the number of outstanding Shares is increased by a stock dividend payable in Shares or by a split up of Shares or other similar event, then, on the effective day thereof, the number of Shares purchasable hereunder shall be increased in proportion to such increase in outstanding Shares, and the Exercise Price shall be proportionately decreased.

  • If, after the date hereof, and subject to the provisions of Section 6.3 below, the number of outstanding Shares is decreased by a consolidation, combination or reclassification of Shares or other similar event, then, on the effective date thereof, the number of Shares purchasable hereunder shall be decreased in proportion to such decrease in outstanding Shares, and the Exercise Price shall be proportionately increased.

  • The Company shall within five (5) Business Days transfer this Purchase Warrant on the books of the Company and shall execute and deliver a new Purchase Warrant or Purchase Warrants of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Shares purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

  • Appropriate adjustments shall also be made to the purchase price payable per share, but the aggregate purchase price payable for the total number of Shares purchasable under this Warrant (as adjusted) shall remain the same.

  • Preferred Shares purchasable upon exercise of the Rights will not be redeemable.


More Definitions of Shares purchasable

Shares purchasable. [ ] shares Exercise Price: [$XX] per share Vesting Date: [date of vesting] Expiration Date: 2:00 p.m., Pacific Time, on the earlier of (i) the date of Optionee's termination of employment with the Company and its subsidiaries if such termination occurs before the Vesting Date, (ii) the 60th day following the termination of Optionee's employment with the Company and its subsidiaries if such termination occurs on or after the Vesting Date, or (iii) [insert expiration date] TERMS AND CONDITIONS OF OPTION GRANT(S) The following Terms and Conditions apply to each Option granted to you by Xxxxxxxxx Group, Inc. (the "Company") identified on the preceding page. Certain specific terms of each Option, including number of Shares Purchasable, the Vesting and Expiration Dates, and Exercise Price, are set forth on the preceding page.

Related to Shares purchasable

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

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

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Fully Diluted Share Number means the aggregate sum of: (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time; (ii) the number of shares of Company Common Stock issuable upon the voluntary conversion of all of the shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time into Company Common Stock and (iii) the number of shares of Company Common Stock issuable upon exercise of all Stock Options.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • Common Shares means the common shares in the capital of the Corporation;

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

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.