EMPLOYEE WARRANTS Sample Clauses

EMPLOYEE WARRANTS arising out of any decision by the Swedish Tax Authority (Sw. Skatteverket) or any court pursuant to which the Company becomes liable to pay employer’s contributions and/or tax penalty relating to the Employee Warrants;
Sample 1
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EMPLOYEE WARRANTS. The Parties shall cause the Company to create, immediately after the Closing Date, an additional warrant pool (in the form of bons de souscription de parts de createur d'entreprise ("BSPCE")) for the benefit of the employees of the Company, giving right to up to an aggregate amount of 230,000 new Class A Shares, i.e. 1.99% of the total number of Shares immediately following the consummation of the Second Capital Increase, on a Fully Diluted basis, under conditions (vesting, duration, etc.) to be determined by the Board of Directors, which shall be allocated as indicated on The Parties shall promptly after the Closing Date cause the Company to cancel the existing Employee Warrants with the approval of their holders and to issue 1,023,671 new BSPCEs with the same conditions of the existing Employee Warrants except for (i) the exercise price of such BSPCE, which shall be Eur 3.89, and (ii) the vesting period which shall be reduced, if applicable, to take into account the vesting already acquired by holders of Employee Warrants. The Parties shall cause the Board of Directors of the Company to take all action necessary (A) to grant to all employees holding Employee Warrants as of the Closing Date the same number of such new BSPCEs as the number of Employee Warrants held by them on the Closing Date and (B) to grant all or a portion of the remainder of such 1,023,671 BSPCEs as follows: Xxxxx XXXX (770 new BSPCEs), Xxxxx XXXXX (770 new BSPCEs), Xxxxx XXXXXXX (1,920 new BSPCEs, provided that he becomes an employee of the Company) and Xxxxxxx XXXXXX (such number of such new BSPCEs, not to exceed 5,000, to be granted in accordance with the terms of his current bonus arrangement based on 2003 performance).
Sample 1
EMPLOYEE WARRANTS. Following the Closing, MTLM agrees to issue warrants to purchase 175,000 shares of Common Stock to certain key employees of Reserve as set forth on
Sample 1
EMPLOYEE WARRANTS. On March 31, 2011, for work performed in connection with the share exchange transactions and as bonus compensation, the Company issued Cxxxx Xxxxx, the Company’s chief financial officer, secretary and treasurer, a five-year warrant to purchase up to 3,000 shares of Common Stock at an exercise price of $1.80 per share. The terms of this warrant are identical to the April $1.80 Warrants described above.
Sample 1
EMPLOYEE WARRANTS. As further incentive for the employment services to be rendered by the Employee under and pursuant to the Employment Contract, the Company hereby agrees to issue certain Warrants (as defined below) as soon as practicable after the commencement date of the Employment Contract, subject to review by Nasdaq, as follows:
Sample 1

Related to EMPLOYEE WARRANTS

  • Stock Warrants Subject to Board approval, Executive shall be granted stock warrants (the "Two Million Warrants") to purchase an aggregate of Two Million (2,000,000) shares of common stock of the Company. The Two Million Warrants are deemed to be of record as of January 1, 2007. The Two Million Warrants shall be granted in accordance with, and subject to the following:

  • Rights, Warrants, Etc Pursuant to Instruction, the Custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deposit securities in response to any invitation for the tender thereof.

  • Company Warrants Immediately prior to the Effective Time, (x) the Company shall cause each Company Warrant (other than the Finback Warrant) that is issued and outstanding immediately prior to the Effective Time to be either exercised in full on a cash or cashless basis or terminated without exercise and (y) (A) the Company shall cause the portion of the Finback Warrant that is vested as of immediately prior to the Effective Time to be either exercised in full on a cash or cashless basis or terminated without exercise and (B) the portion of the Finback Warrant that is unvested as of immediately prior to the Effective Time (such portion, the “Unvested Finback Warrant”) shall be automatically, without any action on the part of Parent, the Company or the Company Warrant holder, converted into a warrant (the “Parent Finback Warrant”) to acquire shares of Parent Common Stock in accordance with this Section 2.1(a)(iii), in each case, in accordance with the respective terms of such Company Warrant (such actions, collectively the “Company Warrant Settlement”). Such Parent Finback Warrant as so assumed and converted shall continue to have, and shall be subject to, the same terms and conditions as applied to the Finback Warrant immediately prior to the Effective Time. As of the Effective Time, such Parent Finback Warrant as so assumed and converted shall be for that number of shares of Parent Common Stock determined by multiplying the number of shares of the Company Common Stock subject to the unvested portion of such Finback Warrant immediately prior to the Effective Time by the Exchange Ratio, which product shall be rounded down to the nearest whole number of shares, at a per share exercise price determined by dividing the per share exercise price of the Unvested Finback Warrant immediately prior to the Effective Time by the Exchange Ratio, which quotient shall be rounded down to the nearest whole cent. After the Company Warrant Settlement, all of the Company Warrants shall no longer be outstanding and shall cease to exist and each holder of Company Warrants shall thereafter cease to have any rights with respect to such securities except as set forth in this Section 2.1(a)(iii).

  • Outstanding Warrants and Options China Health has no issued warrants or options, calls, or commitments of any nature relating to the China Health Share Capital, except as previously disclosed in writing to UFOG.

  • Stock Options and Warrants At the Effective Time of the Merger, each outstanding option to purchase Company Common Stock (each, a "Company Stock Option"), whether or not granted under the Company Option Plan, and all outstanding warrants to purchase Company Common Stock the outstanding whether or not vested, shall by virtue of the Merger be assumed by Parent. Each Company Stock Option and Warrant so assumed by Parent under this Agreement will continue to have, and be subject to, the same terms and conditions of such options immediately prior to the Effective Time of the Merger (including, without limitation, any repurchase rights or vesting provisions and provisions regarding the acceleration of vesting on certain transactions), except that (i) each Company Stock Option and Warrant will be exercisable (or will become exercisable in accordance with its terms) for that number of whole shares of Parent Common Stock equal to the product of the number of Company Shares that were issuable upon exercise of such Company Stock Option or Warrant immediately prior to the Effective Time of the Merger multiplied by the Exchange Ratio, rounded down to the nearest whole number of shares of Parent Common Stock if the said product is equal to or less than the fraction of one-half (.5) of one Parent Common Stock or rounded up to the nearest whole number of shares of Parent Common Stock if the said product is greater than the fraction of one-half (.5) of one Parent Common Stock, and (ii) the per share exercise price for the shares of Parent Common Stock issuable upon exercise of such assumed Company Stock Option and Warrant will be equal to the quotient determined by dividing the exercise price per Company Share at which such Company Stock Option and Warrant was exercisable immediately prior to the Effective Time of the Merger by the Exchange Ratio, rounded up to the nearest whole cent. Parent shall comply with the terms of all such Company Stock Options and Warrants and use its best efforts to ensure, to the extent required by, and subject to the provisions of, the Company Option Plan and permitted under the Code or other relevant laws and regulations that any Company Stock Option that qualified for tax treatment under Section 424(b) of the Code prior to the Effective Time of the Merger continue to so qualify after the Effective Time of the Merger. Parent shall take all corporate actions necessary to reserve for issuance a sufficient number of shares of Parent Common Stock for delivery upon exercise of all Company Stock Options and Warrants on the terms set forth in this Section 2.03(b).

  • Warrants and Options In the event that, during the term of this Pledge Agreement, subscription, warrants, dividends, or any other rights or option shall be issued in connection with the Collateral, such warrants, dividends, rights and options shall be immediately delivered to Secured Party to be held under the terms hereof in the same manner as the Collateral.

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