Number of Shares and Vesting Sample Clauses

Number of Shares and Vesting. The total number of shares of Common Stock subject to this Option is Fifty Thousand (50,000) shares. Subject to the other terms of this Option, this Option shall be exercisable with respect to each installment shown below on or after the date of vesting applicable to such installment as follows: Number of Shares (Installment) Date of Earliest Exercise (Vesting) 16,666 June 28, 2011 16,667 December 28, 2011 16,667 June 28, 2012
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Number of Shares and Vesting. The total number of shares of Common Stock subject to this Option is ___________________________ (_______) shares. Subject to the other terms of this Option, this Option shall be exercisable with respect to each installment shown below on or after the date of vesting applicable to such installment as follows: Number of Shares (Installment) Date of Earliest Exercise (Vesting) __________ ___________ __________ ___________ __________ ___________
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Number of Shares and Vesting. The Option shall be vested in its entirety at 12:01 a.m. on February 11, 1999, and may be exercised by the Optionee to purchase all or a portion of the total number of shares of Common Stock specified in Paragraph 1 at any time thereafter prior to the expiration or termination of the Option.
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Number of Shares and Vesting. This Option shall be exercisable for an aggregate of 1,279,484 Shares. The Options shall be exercisable as follows:
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Number of Shares and Vesting. The Option is immediately vested, and may be exercised by the Optionee to purchase all or a portion of the total number of shares of Common Stock specified in Paragraph 1 at any time prior to the expiration or termination of the Option.
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Number of Shares and Vesting. This Option shall be exercisable for an aggregate of 500,000 Shares. This Option shall be exercisable as to 166,666 Options on June 1, 2011, 166,666 Options on May 1, 2012 and up to 166,667 Options on May 1, 2013; provided, however, that this Option shall not be exercisable for Shares issuable upon exercise of this Option which have not vested at the time of Optionee’s departure from the Company, unless agreed to otherwise by the Company and the Optionee. The foregoing notwithstanding, in the event the Optionee’s departure from the Company is by reason of a “Termination Without Cause” initiated by the Company or a “Termination for Good Reason” initiated by the Optionee as those terms are defined in the Optionee’s Employment Agreement with the Company dated May 1, 2011, all Options which shall not have been previously exercisable shall become immediately exercisable at the time of such Termination and may be exercised at any time thereafter in accordance with the terms set forth in Section 4(b) of this Option Agreement. 3.
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Number of Shares and Vesting. This Option shall be exercisable for an aggregate of 164,505 Shares. This Option shall be exercisable as to 82,252 Options on December 31, 2010, and up to 82,253 Options on December 31, 2011; provided, however, that this Option shall not be exercisable for Shares issuable upon exercise of this Option which have not vested at the time of Optionee’s departure from the Company, unless agreed to otherwise by the Company and the Optionee.
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Related to Number of Shares and Vesting

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Number of Shares; Exercise Price This certifies that, for value received, Cede & Co., and any of its registered assigns, is the registered owner of the number of Warrants set forth on Schedule A hereto, each of which entitles the Warrantholder to purchase from the Company, upon the terms and subject to the conditions hereinafter set forth, a number of fully paid and nonassessable shares of Common Stock (each a “Share” and collectively the “Shares”) equal to the Warrant Share Number at a purchase price per share equal to the Exercise Price. The Warrant Share Number and the Exercise Price are subject to adjustment as provided herein, and all references to “Warrant Share Number” and “Exercise Price” herein shall be deemed to include any such adjustment or series of adjustments.

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Adjustment of Number of Optioned Shares and Related Matters The number of shares of Common Stock covered by the Stock Option, and the Option Prices thereof, shall be subject to adjustment in accordance with Articles 11 - 13 of the Plan.

  • Adjustment of Exercise Price, Number of Shares or Number of Rights The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

  • Certificate of Adjusted Exercise Price or Number of Shares Whenever an adjustment is made as provided in Sections 11 and 13 hereof, the Company shall promptly (a) prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (b) file with the Rights Agent and with each transfer agent for the Preferred Shares a copy of such certificate and (c) mail a brief summary thereof to each holder of a Rights Certificate in accordance with Section 26 hereof. Notwithstanding the foregoing sentence, the failure of the Company to make such certification or give such notice shall not affect the validity of such adjustment or the force or effect of the requirement for such adjustment. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained therein and shall not be deemed to have knowledge of such adjustment unless and until it shall have received such certificate.

  • Adjustment of Number of Shares Purchasable Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

  • Adjustment of Exercise Price and Number of Shares The number and kind of Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

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