Terms of the Option. In order to maintain the Option in good standing and earn a 100% right, title and undivided interest in and to the Property, the Optionee, subject to paragraph 2, shall:
Terms of the Option. The OPTION shall be subject to the following terms and conditions:
Terms of the Option. Name of the Optionee: [__________] Date of Grant: [__________] Designation: Nonstatutory Stock Options
Terms of the Option. The Option is subject to all applicable provisions of the Plan and to the following terms and conditions:
Terms of the Option. Unless otherwise required by law, any stock options granted to Executive in the future, shall have a term of ten years from the date of grant and shall become exercisable in increments of 1/3 on each of the first three anniversaries of the date of their grant. If Executive's employment with the Company terminates due to his death or a Termination due to Disability or for Good Reason (as defined below) or if there shall occur a Change in Control (as defined below) during the Employment Period, any options shall vest and become exercisable under the terms of the option plan. Except as otherwise provided in this Section 4, Executive's rights and obligations in respect of options shall be determined pursuant to the terms of an option agreement to be executed by Executive and the Company.
Terms of the Option. Name of the Optionee: Xxxxx Xxxxxxx Date of Grant: March 31, 2011 Vesting Commencement Date: Closing of Company's Initial Public Offering __________ Designation: o Approved 102 Option: Capital Gain Option (CGO) x ;or Ordinary Income Option (OIO) ¨ ¨ Unapproved 102 Option þ 3(i) Option Number of Options granted: 19,000
Terms of the Option. In the event that Sorrento shall exercise the Option in accordance with the provisions of Section 2.4 above, then contemporaneously with the provision of the Exercise Notice, Sorrento shall be granted with the License (as defined below). The terms of the License shall be as set forth in Chapter C below. Accordingly (but subject to the duly exercise of the Option), Chapter C shall be considered for any and all purposes as a License Agreement between the parties governing the terms and conditions of the License.
Terms of the Option a. InterUnion shall pay to the Vendors, or at their direction, a non-refundable Option fee of US$80,000 on or before December 15, 1996.
Terms of the Option. Name of the Optionee: Xxx Xxxxxx Date of Grant: March 22, 2016 Designation: (Please check the relevant box) ☒ 102 Option - Capital Gain Option (CGO) ☐ 3(i) Option ☐ other Number of Options granted: 150,000 Exercise Price: NIS 1.011 Vesting Dates: The Option shall vest over a three (3) year period, on a quarterly basis, such that 1/12 Shares shall vest upon the end of each quarter commencing on the Date of Grant. Expiration Date February 16, 2026, subject to prior expiration as prescribed under the terms of the Plan. EXHIBIT C
Terms of the Option. The Option shall survive the maturity and repayment of the Debenture. The Option shall entitle ABT to subscribe for what, at the time the Option is exercised (or, in the case of multiple exercises, the last exercise), and giving effect to the issuance of shares upon exercise of the Option, will be 20% of the outstanding voting shares of ABT/Nordic on the following terms:
