EXERCISE OPTION. The Option shall be exercisable as follows: EXERCISE PERIOD Commencement Expiration Number of Shares Date Date ---------------- ------------ ---------- 37,500 ____________, 2002 ___________, 2006 37,500 ____________, 2002 ___________, 2006 37,500 ____________, 2003 ___________, 2006 37,500 ____________, 2003 ___________, 2006 The Employment Agreement shall govern those events that require acceleration of the foregoing vesting schedule.
EXERCISE OPTION. Effective as of today, Xxxx X. Xxxxx, the undersigned (“Optionee”) hereby elects to exercise Optionee’s option to purchase ______________ shares of the Common Stock (the “Shares”) of Vapor Corp. (the “Company”) under and pursuant to the Company’s Equity Incentive Plan (the “Plan”) and the Non-Qualified Stock Option Agreement dated December 13, 2016 (the “Option Agreement”).
EXERCISE OPTION. 5.1 Subject to clause 5.3, the Put Option shall be exercised only by the Seller giving the Buyer an Exercise Notice in accordance with clause 17 which shall include:
EXERCISE OPTION. WILCO hereby exercises the Option to purchase the Optional Mitigation Credits.
EXERCISE OPTION. The Option shall be exercisable as follows:
EXERCISE OPTION. The Option may be exercised by the --------------- holder of this Option, in whole or in part, by delivery to the Corporation, at any time during the respective Option Period (as defined below in subsection (a) and (b) of Section 7 hereof) of a written notice (the "Option Notice"), which Option Notice shall state such holder's intention to exercise the Option, the date on which the holder proposes to purchase the Option Shares (the "Closing Date") and the number of Option Shares to be purchased on the Closing Date, which Closing Date shall be no later than 30 days nor earlier than 10 days following the date of the Option Notice. Upon receipt by the Corporation of an Option Notice from the holder of this Option, the Corporation shall be obligated to sell, and the holder of this Option shall be obligated to purchase, that number of Option Shares to be purchased on the Closing Date set forth in the Option Notice.
EXERCISE OPTION. If all Lenders consent to the Option Exercise on or before the Response Date, Administrative Agent shall notify Senior Agent of Lenders' intent to exercise the Partial Purchase Option. If Administrative Agent gives notice of Lenders' intent to exercise the Partial Purchase Option pursuant to this Section 2.2, each Lender consenting to the Option Exercise (each, an "Accepting Lender") shall remit to Administrative Agent the portion of the Option Price attributable to such Accepting Lender and Administrative Agent, on behalf of Lenders, shall consummate the Partial Purchase Option. Upon the consummation of the Partial Purchase Option, the Option Price shall be treated for all purposes under this Agreement (including, without limitation, amortization) as Term Loan Principal Debt, subject to each provision of the Loan Documents.
EXERCISE OPTION. National will have a period of forty-five (45) days, through and including May 20, 2000 in which to determine whether or not it wishes to proceed with the acquisition of the 1/3 Membership Interest owned by Reading that is not subject to the Angelika Agreement (the "Subject Interest"), for a purchase price of $9,000,000, on substantially the same terms and conditions set forth in the Angelika Agreement (except as otherwise provided herein). If National determines that it wishes to exercise the option, it will give written notice of that election to Reading within this period. Thereafter, National and Reading will cooperate and work in good faith to complete the definitive documentation necessary to complete the transaction, with an intention to close such transactions within thirty (30) days of the date of such election. Closing shall be subject to compliance with the Hart-Xxxxx-Xxxxxx Xxxitrust Improvements Act.
EXERCISE OPTION. National will have a period of sixty (60) days, through and including June 5, 2000 in which to determine whether or not it wishes to proceed with the acquisition of the City Cinema Rights and the Domestic Cinema Assets. National shall have the right to extend the sixty (60) day period provided in the immediately preceding sentence for up to two (2) additional periods of thirty (30) days, by written notice to Reading given on or before the expiration of such sixty (60) day period (or extension thereof) accompanied by payment to Reading of $100,000 in immediately available funds for each such thirty (30) day extension. If National determines that it wishes to exercise the option, it will give written notice of that election to Reading within this period. Thereafter, National and Reading will cooperate and work in good faith to complete the definitive documentation necessary to complete the transaction, with an intention to close such transactions within sixty (60) days of the date of such election. Closing shall be subject to compliance with the Hart-Xxxxx-Xxxxxx Xxxitrust Improvements Act.
EXERCISE OPTION. LOS shall have the right to exercise this option to purchase at any time after the execution of this Amendment and before December 31, 2034. Closing shall occur within one hundred and eighty (180) days after notification to exercise option to purchase.
