Acceleration of Exercise Period. Subject to the last sentence ------------------------------- of Section 4.01, if prior to the [anniversary date of closing] (i) a Significant Corporate Transaction is proposed, (ii) the Company proposes to make a disposition of all or any number of the shares of Capital Stock of MusicCo beneficially owned by it and as a result of such disposition the Company will cease to be the beneficial owner of at least 30% (in voting power) of the shares of Capital Stock of MusicCo then outstanding (a "Change in Control Transaction"), (iii) a Bankruptcy Event occurs or (iv) the Company is dissolved or liquidated, then the Exercise Period for each Right shall be accelerated as provided herein and the Company shall be obligated to honor all Rights validly exercised in accordance with Section 4.08 prior to the expiration of such accelerated Exercise Period.
Acceleration of Exercise Period. The Company shall have the right, at any time upon the occurrence of an Extraordinary Event, to accelerate the Exercise Period by sending to the Holder, at the Holder's address written above, a Notice of Acceleration in substantially the form attached as Appendix I hereto (the "Notice"). In the event the Company does accelerate the Exercise Period, the Holder shall have twenty (20) days from the date the Holder receives the Notice within which to exercise this Warrant in the manner provided for in Section 2.3, after which time this Warrant and the right to purchase the Shares hereunder, to the extent not previously exercised, shall expire and become void. The Holder shall be deemed to have received the Notice five (5) days after the date the Notice is deposited in the U.S.
Acceleration of Exercise Period. Notwithstanding the limitations set forth in Paragraph 2 above on the exercise of this Option, the Employee may exercise all or any portion of this Option on or after a Transaction Date as defined below, provided this Option shall have been granted not less than six (6) months previously. For purposes of this paragraph, a “Transaction Date” shall mean the date on which an offer or other than the Company shall first publicly offer to acquire shares of Stock of the Company pursuant to a tender offer or exchange offer or the date of mailing of proxy material to the stockholders of the Company with respect to a merger or other reorganization that will result in the Stock of the Company being converted into cash or securities of another entity.
Acceleration of Exercise Period. The Company shall have the right, at any time after the occurrence of a Call Event, to accelerate the Exercise Period by sending to the Holder, at the Holder's address written above, a Notice of Acceleration in substantially the form attached as Appendix I hereto (the "Notice"). In the event the Company does accelerate the Exercise Period, Holder shall have until 5:00 p.m. (Pacific time) on the date which is thirty (30) days from the date the Holder is deemed to receive the Notice within which to exercise this Warrant in the manner provided for in Section 2.3. If this Warrant is not exercised within said period, thereafter this Warrant and the right to purchase the Shares hereunder, to the extent not previously exercised, shall expire and become void.
Acceleration of Exercise Period. The Company shall have the right, at any time after the Common Stock has traded on a recognized public market for twenty-one consecutive days with a daily closing bid price of $_____________ or more per share, to accelerate the Exercise Period by sending to the Holder, at the Holder's address written above, a Notice of Acceleration in substantially the form attached as Appendix I hereto (the "Notice"). In the event the Company does accelerate the Exercise Period, the Holder shall have ten (10) days from the date the Holder receives the Notice within which to exercise this Warrant in the manner provided for in Section 2.3, after which time this Warrant and the right to purchase the Shares hereunder, to the extent not previously exercised, shall expire and become void. The Holder shall be deemed to have received the Notice five (5) days after the date the Notice is deposited in the U.S. Mails.
Acceleration of Exercise Period. Notwithstanding the limitation set forth in paragraph 1 (a) above on the exercise of this option within one year after the date hereof, the Employee may exercise all or any portion of this option, provided it shall have been granted not less than six months previously, on or after the date on which an offeror (other than the Corporation) shall first publicly offer to acquire shares of common stock of the Corporation pursuant to a tender offer or exchange offer or the date of mailing of proxy material to the stockholders of the Corporation with respect to a merger or other reorganization which shall result in the common stock of the Corporation being converted into cash or securities of another corporation.
Acceleration of Exercise Period. Notwithstanding the provisions of Section 1, prior to the commencement of the Exercise Period, this Warrant may be exercised in whole or part immediately upon the date of commencement of a third party tender offer for more than 33% of the shares of Common Stock outstanding on the date of commencement of such tender offer.
Acceleration of Exercise Period. The Company shall have the right, at any time after the occurrence of a Call Event, to accelerate the Exercise Period by sending to the Holder, at the Holder's address written above, a Notice of Acceleration in substantially the form attached as Appendix I hereto (the "Notice"). In the event the Company does accelerate the Exercise Period, (a) if the Shares underlying the Warrant are, as of the date of the Notice, the subject of a filed registration statement under the Securities Act of 1933, as amended (the "Act"), holders shall have twenty (20) days from the date the Holder receives the Notice within which to exercise this Warrant in the manner provided for in Section 2.3, or (b) if the Shares underlying the Warrant are not, as of the date of the Notice, the subject of a filed registration statement under the Act, the Holder shall have ninety (90) days from the date the Holder receives the Notice within which to exercise this Warrant. If this Warrant is not exercised within the applicable period, thereafter this Warrant and the right to purchase the Shares hereunder, to the extent not previously exercised, shall expire and become void. If mailed, the Holder shall be deemed to have received the Notice five (5) days after the date the Notice is deposited with a national mail.
Acceleration of Exercise Period. If the optionee's employment is terminated by retirement or for any reason, voluntarily or involuntarily, with or without cause, other than in the circumstances specified in (b) below, this option may be exercised at any time prior to its expiration date or the thirtieth day after the date of such termination of employment (or, if such is not a regular business day, on the last preceding business day), whichever is the shorter period, but only if and to the extent the optionee was entitled to exercise the option on the date of such termination. Subject to such terms and conditions as the Board of Directors may determine, the Board of Directors may extend the exercise period any length of time not later than the expiration date of the option and may increase the portion of the option that may be exercised on termination.
Acceleration of Exercise Period. Each outstanding option granted hereunder shall become exercisable in full for the aggregate number of shares covered thereby (notwithstanding any contrary waiting or installment period or other limitation or restriction) immediately following a Change of Control (as defined in the Plan) of the Company.
