TERM; EXERCISE. This Option will expire on March 12, 2010, subject to earlier termination as provided herein (the "Termination Date"). This Option is exercisable at anytime prior to the Termination Date except as otherwise provided by the terms of this Option. In no event may a fraction of a share of Common Stock be purchased under this Option. Notwithstanding anything to the contrary in this Agreement, this Option may only be exercised if the Optionee is employed by the Company at the time of such exercise.
TERM; EXERCISE. This Option will expire on October 1, 2001, subject to earlier termination as provided herein (the "Termination Date"). This Option is exercisable at anytime prior to the Termination Date except as otherwise provided by the terms of this Option. In no event may a fraction of a share of Common Stock be purchased under this Option.
TERM; EXERCISE. A Warrant entitles the Holder thereof to purchase the number of shares of Common Stock specified in the Warrant Certificate held by such Holder at a purchase price of Thirty ($30.00) Dollars per share (the "Exercise Price") at any time on or after the Initial Date (as herein defined) and on or before 5:00 p.m. Eastern Time on December 31, 2008 (the "Expiration Date"). The Initial Date shall be the first to occur of (i) the date on which the shareholders of the Company vote to disapprove the Exchange (as defined in the Purchase Agreement) and (ii) June 30, 1999, subject to the termination of any applicable waiting periods under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976 and as prescribed by the Office of the Comptroller of the Currency. The Exercise Price and the number of shares issuable upon exercise of any Warrant are subject to adjustment upon the occurrence of certain events, pursuant to the provisions of Section 8 of this Agreement. Subject to the provisions of this Agreement, the Holder of a Warrant shall have the right, which may be exercised in whole or in part, to purchase from the Company, and the Company shall issue and sell to such Holder, the number of fully paid and non-assessable shares of Common Stock (together with any other shares of the Company's Common Stock issuable upon exercise of Warrants, the "Shares") specified in the Warrant Certificate held by such Holder. Such right shall be exercised by surrender to the Company, or its duly authorized agent, of such Warrant Certificate, with the Form of Election to Purchase attached thereto duly completed and signed, and upon payment to the Company of the Exercise Price, as adjusted in accordance with the provisions of Section 8, for the number of Shares in respect of which the Warrant is then exercised. Payment of such Exercise Price may be made in cash, by certified check or bank draft payable to the order of the Company, by wire transfer of immediately available funds or by tender of an equivalent face amount of the Company's 12% Senior Notes due November 1, 2006 (the "Senior Notes"). Upon such surrender of the Warrant Certificate and payment of the Exercise Price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Holder of such Warrant, in such name or names as such Holder may designate, a certificate or certificates for the number of full Shares so purchased, together with cash, as provided in Sect...
TERM; EXERCISE. Except to the extent otherwise provided in Paragraphs 4 and 8 hereof, the Option cannot be exercised after the close of business on June 1, 2000 (the "Termination Date"). The Option may be exercised at any time or from time to time prior to the Termination Date as to any part or all of the Shares in accordance with the following terms and conditions:
TERM; EXERCISE. The term of this option is five (5) years commencing September 19, 1997, subject to earlier termination as provided in the Plan (the "Term"). This option is exercisable at anytime during the Term, subject to the terms of this option and the Plan. In no event may a fraction of a share of Common Stock be purchased under this option.
TERM; EXERCISE. Subject to the terms and conditions of the Plan and this Agreement, the Option may be exercised by the Participant while in the employ of the Company, in whole or in part, from time to time with respect to any shares for which the right to exercise shall have accrued pursuant to paragraph 2 hereof, but only during the period beginning on the date of this Agreement and ending on the seventh anniversary hereof.
TERM; EXERCISE. The term of this option shall be five (5) years commencing May 13, 2003, subject to earlier termination. This option is exercisable at anytime during the Term, subject to the terms of this option. In no event may a fraction of a share of Common Stock be purchased under this option.
TERM; EXERCISE. (a) This Warrant may be exercised by the Holder hereof in whole or in part, from time to time, beginning on the earlier to occur of:
TERM; EXERCISE. The Participant may exercise the Option, to the extent vested, in whole or in part until the close of business at the Company’s headquarters on the earliest of:
TERM; EXERCISE. The Options will expire December 31, 2001.
