Option Shares definition

Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

Option Shares means the aggregate number of Shares which an Optionee may purchase under an Option.

Option Shares means Shares covered by an outstanding Option or purchased under an Option.

Examples of Option Shares in a sentence

• Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date nor later than the tenth full business day (as hereinafter defined) after the date of such notice (unless such time and date are postponed in accordance with the provisions of Section 12 hereof).

• Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date nor later than the tenth full business day (as hereinafter defined) after the date of such notice (unless such time and date are postponed in accordance with the provisions of Section 10 hereof).

• Shareholders should note that the Investment remain subject to several conditions precedent, including but not limited to, the SIC Waiver and the approval of the Independent Shareholders at the meeting of the Shareholders to be convened to approve the Investment Shares Resolution, the Option Shares Resolution, and if required or imposed by SIC, the Whitewash Resolution.

• The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives to the Selling Stockholders.

• Underwritten Shares: 7,000,000 Option Shares: 1,050,000 Public offering per share: $6.50 Settlement Date: May 13, 2024 Exhibit A FORM OF LOCK-UP AGREEMENT [●], 2024 J.X. Xxxxxx Securities LLC BofA Securities, Inc.

More Definitions of Option Shares

Option Shares has the meaning specified in Section 2 of this Agreement.

Option Shares means the shares of Common Stock covered by this Option.

Option Shares means the number of shares of Common Stock subject to the option as specified in the Grant Notice.

Option Shares means Shares issuable by the Corporation upon the exercise of outstanding Options;

Option Shares has the meaning set forth in Section 2.2(a).

Option Shares or means the Shares subject to the Option.

Option Shares means the shares of Issuer Common Stock issuable pursuant to the Option, as the number of such shares shall be adjusted pursuant to the terms hereof.