Compensation Option definition

Compensation Option has the meaning ascribed thereto on page 2 hereto;

Compensation Option shall have the meaning ascribed to such term in section 15 hereto;

Compensation Option has the meaning given to that term on page 1 of this Agreement;

Examples of Compensation Option in a sentence

• Each Compensation Option is exercisable for one unit of 48North (“Compensation Unit”) at an exercise price of $1.36 until April 2, 2022.

• The fair value of the Compensation Option was $38,500 ($1.59 per Compensation Option) and was recognized as a share issuance cost.

• Each underlying common share purchase warrant (a "Compensation Option Warrant") will be subject to the same terms as the warrants attached to the units sold in the financing.

• Each Compensation Option entitles the holder to purchase a unit on the same terms as the offering for a period of two years from the date of issuance.

• If the Compensation Option Warrants are accelerated prior to the exercise of the Compensation Option, each Compensation Option Warrant will expire 30 days after the date of exercise of the Compensation Option.

More Definitions of Compensation Option

Compensation Option. [ ] 1 [ ] 2 [ ] 3 [ ] 4 If an Option is not selected, Option 1 will apply. -------------- -------------------------------------------- -------------- -------------- Date Signature of Agent/Registered Representative Rep ID CBSI Rep ID If your Broker/Dealer is CUNA Brokerage Services, Inc., submit Application, VA Checklist, Account Application, check (if any), and any additional forms to: CUNA BROKERAGE SERVICES, INC. 2000 HERITAGE WAY WAVERLY, IA 50677 For other Broker/Dealers, follow their procxxx xxx xxx xxxxx xxxxx xxx xxxxxxxlity submission.

Compensation Option has the meaning given to that term in section , and “Compensation Options” means more than one Compensation Option;

Compensation Option means the option issued to the underwriters pursuant to the IPO to purchase that number of Common Shares equal to 6% of the aggregate number of Common Shares sold pursuant to the IPO (including Common Shares sold pursuant to the exercise of the over-allotment option) at a price of$8.60 per share until the date that is 18 months after the closing date of the IPO or over-allotment option, as applicable;

Compensation Option means a compensation option of the Corporation issued to the Agent in connection with the Offering, entitling the holder thereof to acquire one Unit at an exercise price of $0.24 for a period of 24 months from the closing of the Offering;

Compensation Option. B: one (1) Compensation Option B at a price of $0.15 per Compensation Option B, each Compensation Option comprised of one (1) FT Share. Each Compensation Option B will be exercisable at any time prior to the date that is thirty-six (36) months from the Closing Date. The Compensation Option B will be issued in regard to the Subscription Receipts Flow-Through Shares sold under the Offering.

Compensation Option has the meaning ascribed thereto on page two of this Agreement; “Compensation Option Certificates” means the certificates representing the Compensation Options; “Compensation Option Units” has the meaning ascribed thereto on page two of this Agreement;

Compensation Option has the meaning given to it in Section 14(a); "CSE" means the Canadian Securities Exchange;