Option to Acquire Stock Sample Clauses

Option to Acquire Stock. To the extent that the Corporation has a stock option or other similar incentive plan in place, Employee shall only be eligible to participate in such plan to the extent that Employee’s total ownership in the Corporation is less than ten percent (10%) of all issued and outstanding stock.
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Option to Acquire Stock. (a) Subject to and upon the terms and conditions set forth in this Section 2, Cubist shall have the option (but not the obligation) to acquire all of the Novalon Outstanding Stock (the "Acquisition Option"). The Acquisition Option may only be exercised by Cubist during the period commencing on the date hereof and ending on February 5, 1998 (the "Acquisition Option Period"). Cubist shall exercise the Acquisition Option by giving written notice of exercise to the Corporation (the "Exercise Notice"), which Exercise Notice shall specify the proposed structure of the transaction pursuant to which Cubist shall acquire all of the Novalon Outstanding Stock and the proposed date by which such transaction will be consummated. The Corporation shall send to each Novalon Stockholder a copy of the Exercise Notice promptly after receipt thereof by the Corporation.
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Option to Acquire Stock. If MIOA or PHC terminates this Agreement pursuant to Section 7.4, the non-terminating party shall have the option to acquire 19.9% of the terminating party in accordance with the terms set forth in the Stock Option Agreements set forth in EXHIBIT 7.5(B).
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Option to Acquire Stock. Borrowers shall provide Lender with the option to acquire three hundred thousand (300,000) shares of stock of CyberAds, at a strike price of fifty cents ($.50) per share, for a term of up to five years from the Effective Date. These options shall be issued and recorded by CyberAds as indicated by Lender in writing from time to time.
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Option to Acquire Stock. Article 7 of the Agreement is amended as follows:
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Option to Acquire Stock. The Company hereby confirms that Allee shall have the right to purchase shares of Common Stock in the Company as follows:
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Related to Option to Acquire Stock

  • Shares The term “

  • No Rights in Option Stock Optionee shall have no rights as a stockholder in respect of any shares subject to the Stock Option unless and until Optionee has exercised the Stock Option in complete accordance with the terms hereof, and shall have no rights with respect to shares not expressly conferred by this Agreement.

  • Xxxxx Stock The Company agrees that it will use commercially reasonable efforts to prevent the Company from becoming subject to Rule 419 under the Securities Act prior to the consummation of any Business Combination, including, but not limited to, using its best efforts to prevent any of the Company’s outstanding securities from being deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act during such period.

  • Common Shares 4 Company...................................................................................... 4

  • Common Stock 1 Company........................................................................1

  • No Rights as Shareholder Until Exercise This Warrant does not entitle the Holder to any voting rights or other rights as a shareholder of the Company prior to the exercise hereof. Upon the surrender of this Warrant and the payment of the aggregate Exercise Price (or by means of a cashless exercise), the Warrant Shares so purchased shall be and be deemed to be issued to such Holder as the record owner of such shares as of the close of business on the later of the date of such surrender or payment.

  • No Shareholder Rights Until Exercise Except as expressly provided herein, this Warrant does not entitle Holder to any voting rights or other rights as a shareholder of Company prior to the exercise hereof.

  • Option to Purchase Shares The Company hereby grants to the Optionee an Option (the “Option”), pursuant to the Plan, to purchase up to ________________ (___________) shares of the Company’s common stock (the “Stock”). The Option Price for each share of Stock shall be ____________________Dollars and ______________ Cents ($______), which is acknowledged to be 100% of the Fair Market Value of each share of Stock as of the date hereof. The Option shall be exercisable for the number of shares of Stock and during the specific exercise periods (“Exercise Period(s)”) set forth in the following table: Number of Shares Exercise Period _______________________ (___________) Shares ________________1 through ______________

  • Distributions Other Than Cash, Shares or Rights to Purchase Shares (a) Whenever the Company intends to distribute to the holders of Deposited Securities property other than cash, Shares or rights to purchase additional Shares, the Company shall give timely notice thereof to the Depositary and shall indicate whether or not it wishes such distribution to be made to Holders of ADSs. Upon receipt of a notice indicating that the Company wishes such distribution be made to Holders of ADSs, the Depositary shall consult with the Company, and the Company shall assist the Depositary, to determine whether such distribution to Holders is lawful and reasonably practicable. The Depositary shall not make such distribution unless (i) the Company shall have requested the Depositary to make such distribution to Holders, (ii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7, and (iii) the Depositary shall have determined that such distribution is reasonably practicable.

  • GRANT OF THE RIGHT TO PURCHASE COMMON STOCK (a) For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, up to the number of fully paid and non-assessable shares of Common Stock (as defined below) as determined pursuant to Section 1(b) below, at a purchase price per share equal to the Exercise Price (as defined below). The number and Exercise Price of such shares are subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

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