Share Purchase Option Sample Clauses

Share Purchase Option. The Majority Shareholders covenant and agree to cause the Corporation to grant, prior to December 31, 1999, to LV Capital, the right and option to purchase shares of Common Stock of the Corporation, or other securities of the Corporation convertible into, exchangeable for or carrying any rights to purchase shares of Common Stock, with respect to all shares of Common Stock or any kind of security convertible into, exchangeable for or carrying any rights to purchase shares of Common Stock of the Corporation to be issued after the date of closing of the Stock Purchase Agreement (including without limitation the reissuance of treasury shares) (the "Subsequently Issued Equity Securities"), as follows (the "Purchase Rights"):
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Share Purchase Option. The Company hereby agrees to issue and sell to the Underwriter (and/or its designees) at a purchase price of $100 on the Closing Date an option ("Underwriter's Share Purchase Option") for the purchase of an aggregate of 5% of the Shares sold pursuant to this Agreement. The initial exercise price for the Shares covered by the Underwriter's Share Purchase Option shall be $5.60 per share ("Underwriter's Shares"), 140% of the public offering price of the Shares. The Underwriter's Shares are identical to the Shares sold to the public. The Underwriter's Share Purchase Option and the Underwriter's Shares are hereinafter referred to collectively as the "Underwriter's Securities." The Shares sold to the public and the Underwriter's Securities are hereinafter referred to collectively as the "Securities".
Share Purchase Option. Concurrently with the execution of the 1992 Agreement, the Company and the Executive entered into a Share Purchase Option in the form attached thereto as Exhibit A (the "OPTION"), granting to the Executive the right to purchase those shares of Outstanding Stock (as defined in such Exhibit A) as described herein.
Share Purchase Option. 4.1. Within 36 months from the Effective Date, the Marketing Agent may exercise an option to purchase the value of AUD $150,000 (one hundred and fifty thousand dollars) for AUD $30,000. This Option will be available for the Marketing Agent at Pre-Listing or Post-Listing. Under the managed License agreement, the Marketing Agent (the Licensee) may or may not exercise this share purchase option.
Share Purchase Option. The Underwriter's Shares have been duly authorized and, when duly issued and delivered, such warrants will constitute valid and legally binding obligations of the Company enforceable in accordance with their terms and entitled to the benefits provided by the Share Purchase Option. The shares issuable upon exercise of the Underwriter's Share Purchase Option when issued and sold, upon receipt of the proper consideration therefor, will be duly authorized, validly issued, fully paid and non-assessable and free of preemptive rights and no personal liability will attach to the ownership thereof.
Share Purchase Option. Warner Technology & Investment Corp. (“Warner”) shall have entered into an agreement with Xxxxx Xxxxxx providing for the payment of the sum of $50,000 to Howson upon execution of the option agreement in consideration of the granting by Howson to Warner of an option, exercisable any time after the Closing, to purchase 700,000 ILKZ Common Shares owned by Howson for cash in the amount of $20,000.
Share Purchase Option. Concurrently with the execution of the May 21 Agreement, the Company and the Executive entered into a Share Purchase Option, granting to the Executive the right to purchase Outstanding Stock (as defined in Exhibit A thereto) as described therein. The Parties agreed that the Option shall be amended to read as set forth in the form attached hereto as Exhibit A thereto (the "OPTION"). The Option shall be 100% exercisable upon a "CHANGE IN CONTROL" (as defined in Exhibit A hereto).
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Share Purchase Option. At or before the First Closing Date, IAT will sell to the Underwriters (or, at the Representative's option, the Representative, individually), or their designees, as permitted by the NASD, for a consideration of $310, and upon the terms and conditions set forth in the form of Share Purchase Option annexed as an exhibit to the Registration Statement, a Share Purchase Option to purchase an aggregate of 310,000 Shares. In the event of conflict in the terms of this Agreement and the Share Purchase Option, the language of the Share Purchase Option shall control.
Share Purchase Option. If the Parent and the Issuer has not by 30 September 2023 repaid the Bonds in full, the Bond Trustee (acting on behalf of Bondholders) shall have the right to purchase 100% of the shares in the Issuer for a full and final consideration of EUR 1 and request transfer of the shares of the Issuer to the Bond Trustee (acting on behalf of the Bondholders), or a party nominated by the Bond Trustee. SECTION 3 MISCELLANEOUS
Share Purchase Option. The Holding Entity has agreed to transfer 2% of the entire outstanding shares of the Company (on a fully diluted and converted basis) in its holding (“Offered Shares”) to LYFE prior to the next round of equity financing of the Company at a price no higher than 95% of the agreed pre-money valuation of the Company for the next round of equity financing. LYFE is entitled but not obligated to acquire such Offered Shares. If LYFE elects to acquire the Offered Shares, the Holding Entity and LYFE shall enter into a separate agreement for such share transfer. The shareholders of the Holding Entity, the Company, and all other shareholders of the Company have expressly waived their respective protective rights provided by Contract or by Law, if any, including but not limited to any right of first refusal, right of first offer, right of co-sale, and shall further cause its directors or representatives to vote in favor of such share transfer.
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