Acceleration of Exercise Date Sample Clauses

Acceleration of Exercise Date. In its sole discretion, the Board of Directors may accelerate the date or dates on which this Option may be exercised in whole or in part.
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Acceleration of Exercise Date. The Company shall have the right to accelerate the Expiration Date in the event that (i) the Class B Stock is traded on a national securities exchange, the NASDAQ National Market or the NASDAQ SmallCap Market; and (ii) the Class B Stock trades at $15.00 per share and does not trade below $15.00 for a period of 20 consecutive trading days. Upon the satisfaction of such conditions, the Company shall have the right, but not the obligation, to provide a written notice accelerating the Expiration Date to a date not less than 30 calendar days after the date of such notice. Upon the issuance of such notice, and expiration of the exercise period, the Company shall redeem any outstanding and unexercised Warrants for $0.10 per Warrant. The Expiration Date, as accelerated hereunder, shall be considered to be the "Expiration Date".
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Acceleration of Exercise Date. In the event the Company enters into an agreement to sell a majority of its assets, the Exercise Date shall be accelerated and shall be the date on which the Company enters into such agreement. In such an event, the Company shall provide notice to the Holder in accordance with this Warrant.
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Acceleration of Exercise Date. In the event the Company enters into an agreement to sell, convey or dispose of all or substantially all of the Company’s property or business or the Company’s merger with or into or consolidation with any other corporation (other than a wholly-owned subsidiary of the corporation) or if the Company effects any other transaction or series of related transactions in which more than fifty percent (50%) of the voting power of the Company is disposed of, the Exercise Date shall be accelerated and shall be the date on which the Company enters into such transaction. In such an event, the Company shall provide notice to the Holder in accordance with this Warrant.
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Acceleration of Exercise Date. If and to the extent the Option is not already exercisable, it shall become exercisable upon the occurrence of any of the following events:
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Acceleration of Exercise Date 
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Related to Acceleration of Exercise Date

  • Acceleration of Exercisability Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either:

  • Acceleration of Exercisability of Option (a) This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’s Continuous Service, there is a “Change in Control,” as defined in Section 9(b) of the Plan.

  • Duration of Exercisability The installments provided for in Section 3.1 are cumulative. Each such installment which becomes exercisable pursuant to Section 3.1 shall remain exercisable until it becomes unexercisable under Section 3.3.

  • Suspension of Exercisability If at any time the Company shall determine, in its discretion, that the listing, registration or qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of the purchase of Shares hereunder, this option may not be exercised, in whole or in part, unless and until such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company. The Company shall make reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority.

  • Extension of Exercise Period Notwithstanding any provisions of paragraphs (a), (b), (c) or (d) of this Section to the contrary, if exercise of the Option following termination of employment during the time period set forth in the applicable paragraph or sale during such period of the Shares acquired on exercise would violate any of the provisions of the federal securities laws (or any Company policy related thereto), the time period to exercise the Option shall be extended until the later of (i) forty-five (45) days after the date that the exercise of the Option or sale of the Shares acquired on exercise would not be a violation of the federal securities laws (or a related Company policy), or (ii) the end of the time period set forth in the applicable paragraph.

  • Period of Exercisability Section 3.1 - Commencement of Exercisability ----------- ------------------------------

  • Partial Exercise; Effective Date of Exercise In case of any partial exercise of this Warrant, the Company shall cancel this Warrant upon surrender hereof and shall execute and deliver a new Warrant of like tenor and date for the balance of the shares of Common Stock purchasable hereunder. This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the shares of Common Stock issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Company receives the Notice of Exercise, subject to receipt of the Exercise Amount.

  • Timing of Exercise The Warrants shall be exercisable at any time in whole or in part from time to time commencing as of the date hereof and expiring at 5:00 P.M., New York time, on April 11, 2010 (the “Expiration Date”), subject to earlier termination as provided herein, and may not be exercised thereafter.

  • Exercise Date Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the day on which this Warrant shall have been surrendered to the Company as provided in subsection 1(a) or 1(b) above (the “Exercise Date”). At such time, the person or persons in whose name or names any certificates for Warrant Shares shall be issuable upon such exercise as provided in subsection 1(d) below shall be deemed to have become the holder or holders of record of the Warrant Shares represented by such certificates.

  • Commencement of Exercisability (a) Subject to Sections 3.1(b), 3.1(c) and 3.3, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

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