Exercise Price and Vesting Sample Clauses

Exercise Price and Vesting. The warrants granted hereunder vest in Holder on the dates below and at the corresponding exercise price per warrant (the "Exercise Price") as follows: (a) 50,000 warrants, exercisable at $0.30 per share, will vest on the date hereof; (b) 50,000 warrants, exercisable at $0.35 per share, will vest on the 91st day after the date hereof; (c) 50,000 warrants, exercisable at $0.40 per share, will vest on the 181st day after the date hereof; and (d) 50,000 warrants, exercisable at $0.45 per share, will vest on the 271st day after the date hereof.
View Source
Exercise Price and Vesting. The parties acknowledge and agree that, pursuant to Section 8.a. of the Unit Option Plan, the LLC Options would have been immediately exercisable in full upon written notice from the Management Board (as defined in the Unit Option Plan) that the Exchange has become effective. Therefore, the JAMtv Options into which the LLC Options shall be converted on the Effective Date shall become vested and be immediately exercisable in full on such date. The exercise price of the JAMtv Options shall be $1.00 per share of JAMtv Common Stock, which is equal to the exercise price of the LLC Options (after giving effect to the ten-for-one exchange provided in the Exchange).
View Source
Exercise Price and Vesting. All options granted hereunder shall be made pursuant to an Incentive Stock Option Agreement in substantially the form of Exhibit A attached hereto. All such options will have an exercise price equal to 100% of the fair market value per share and will exercisable upon issuance by Holdings.
View Source

Related to Exercise Price and Vesting

  • Adjustment of Exercise Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Exercise Price The exercise price per share of Common Stock under this Warrant shall be $_____, subject to adjustment hereunder (the “Exercise Price”).

  • Adjustments of Exercise Price and Number of Warrant Shares The number and kind of securities purchasable upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following. In case the Company shall (i) pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock to holders of its outstanding Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, or (iv) issue any shares of its capital stock in a reclassification of the Common Stock, then the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Warrant Shares or other securities of the Company which it would have owned or have been entitled to receive had such Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Warrant Shares or other securities of the Company which are purchasable hereunder, the Holder shall thereafter be entitled to purchase the number of Warrant Shares or other securities resulting from such adjustment at an Exercise Price per Warrant Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Warrant Shares or other securities of the Company resulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Exercise Price Adjusted As used in this Warrant, the term "Exercise Price" shall mean the purchase price per share specified in Section 3 of this Warrant, until the occurrence of an event stated in subsection (a), (b) or (c) of this Section 5, and thereafter shall mean said price as adjusted from time to time in accordance with the provisions of said subsection. No such adjustment under this Section 5 shall be made unless such adjustment would change the Exercise Price at the time by $.01 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $.01 or more. No adjustment made pursuant to any provision of this Section 5 shall have the net effect of increasing the Exercise Price in relation to the split adjusted and distribution adjusted price of the Common Stock. The number of shares of Common Stock subject hereto shall increase proportionately with each decrease in the Exercise Price.

  • ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES The Exercise Price and the number of Warrant Shares shall be adjusted from time to time as follows: