Common use of Exercise of Second Put Option Clause in Contracts

Exercise of Second Put Option. The Put Option may be exercised by the applicable Stockholder serving a notice upon Parent (a "Second Put Option Notice") at any time up to and including the Second Put Exercisability Date; provided, that the Second Put Option may not be exercised until the Second Put Exercisability Date.

Appears in 2 contracts

Sources: Put Option Agreement (Appliedtheory Corp), Put Option Agreement (Appliedtheory Corp)