Number of Shares; Vesting of Shares Sample Clauses

Number of Shares; Vesting of Shares. Subject to the terms and conditions set forth herein, including the Expiration Date, the Warrantholder is entitled, upon surrender of this Warrant and payment of the Warrant Exercise Price, to purchase from the Company the Shares represented by this Warrant. This Warrant shall be exercisable, in whole or in part, at any time and from time to time, after the original issuance date of this Warrant until the Expiration Date. Such numbers of Shares are subject to adjustment upon the occurrence of the contingencies set forth in this Warrant.
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Number of Shares; Vesting of Shares. Subject to the terms and conditions set forth herein, including the Expiration Date, the Warrantholder is entitled, upon surrender of this Warrant, to purchase from the Company the Shares represented by this Warrant as follows: Fifty Thousand (50,000) Shares represented by this Warrant shall be exercisable, in whole or in part, at any time and from time to time, 720 days after the original issuance date of this Warrant, unless the Warrantholder is in breach of, or has breached, the Consultancy Agreement between the parties hereto of the same date on or before the time of such exercise. In the event of such breach determinable in the sole discretion of the CVSL Board of Directors, this Warrant shall be null and void and of no force or effect.
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Number of Shares; Vesting of Shares. Subject to the terms and conditions set forth herein, including the Expiration Date, the Warrantholder is entitled, upon surrender of this Warrant and payment of the Warrant Exercise Price, to purchase from the Company the Shares represented by this Warrant as follows: 60,000 Shares represented by this Warrant will become fully vested and immediately exercisable on March 7, 2006.
Sample 1
Number of Shares; Vesting of Shares. Subject to the terms and conditions set forth herein, including the Expiration Date, the Warrantholder is entitled, upon surrender of this Warrant and payment of the Warrant Exercise Price, to purchase from the Company the Shares represented by this Warrant as follows: 2,000 Shares represented by this Warrant will become fully vested and immediately exercisable on May 31, 2004; 2,000 Shares represented by this Warrant will become fully vested and immediately exercisable on June 30, 2004; 2,000 Shares represented by this Warrant will become fully vested and immediately exercisable on July 31, 2004; 2,000 Shares represented by this Warrant will become fully vested and immediately exercisable on August 31, 2004; 2,000 Shares represented by this Warrant will become fully vested and immediately exercisable on September 30, 2004; and 2,000 Shares represented by this Warrant will become fully vested and immediately exercisable on October 31, 2004. Such numbers of Shares are subject to adjustment upon the occurrence of the contingencies set forth in this Warrant.
Sample 1
Number of Shares; Vesting of Shares. Subject to the terms and conditions set forth herein, including the Expiration Date, the Warrantholder is entitled, upon surrender of this Warrant, to purchase from the Company the Shares represented by this Warrant as follows: (i) 500,000 Shares represented by this Warrant shall be exercisable, in whole or in part, at any time and from time to time, after the original issuance date of this Warrant, and (ii) unless the Consulting Agreement has been terminated by the Company for Cause as defined below prior to the first anniversary of the original issuance date of this Warrant, the remaining 500,000 Shares represented by this Warrant shall be exercisable, in whole or in part, at any time and from time to time, on or after the first anniversary of the original issuance date of this Warrant, such numbers of Shares being subject to adjustment upon the occurrence of the contingencies set forth in this Warrant. For purposes of this Section 2, "Cause" for termination of the Consulting Agreement means any of the following: (a) the failure or inability for any reason of Warrantholder to diligently or effectively perform her duties under this Agreement or the Consulting Agreement, (b) the commission by Warrantholder of any act involving moral turpitude or the commission by Warrantholder of any act or the suffering by Warrantholder of any occurrence or state of facts, which materially and adversely affects the Company's business reputation, (c) the breach by Warrantholder of any material term of, or the failure to perform any material covenant contained in, the Consulting Agreement, or (d) the material violation by Warrantholder of written instructions or policies established by the Company with respect to the operation of its business and affairs or Warrantholder's failure to carry out the reasonable instructions of the Company within the scope of the Warrantholder's "Consulting Services" as defined in the Consulting Agreement.
Sample 1

Related to Number of Shares; Vesting of Shares

  • 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.

  • 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.

  • Designation and Number of Shares The shares of such series shall be designated as "Series A Participating Cumulative Preferred Stock" (the "Series A Preferred Stock"), and the number of shares constituting such series shall be 800,000. Such number of shares of the Series A Preferred Stock may be increased or decreased by resolution of the Board of Directors; provided that no decrease shall reduce the number of shares of Series A Preferred Stock to a number less than the number of shares then outstanding plus the number of shares issuable upon exercise or conversion of outstanding rights, options or other securities issued by the Corporation.

  • Number of Shares Issuable upon Exercise From and after the Issue Date through and including the Expiration Date, the Holder hereof shall be entitled to receive, upon exercise of this Warrant in whole in accordance with the terms of subsection 1.2 or upon exercise of this Warrant in part in accordance with subsection 1.3, shares of Common Stock of the Company, subject to adjustment pursuant to Section 4.

  • 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”).

  • Exercise Period Vesting Unless expired as provided in Section 3 of this Agreement, this Option may be exercised from time to time after the Date of Grant set forth above (the "DATE OF GRANT") to the extent the Option has vested in accordance with the vesting schedule set forth below. The Shares issued upon exercise of the Option will be subject to the restrictions on transfer set forth in Section 11 below. Provided Participant continues to provide Continuous Service to the Company or any Affiliate, the Option will become vested as follows: PERCENTAGE OF VESTING DATE VESTED SHARES ------------ ------------- % % %

  • 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, 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.

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