Common use of Exercise Price of Options Clause in Contracts

Exercise Price of Options. Notwithstanding the exercise price for the Options described on Schedule “A” hereto, from and after the date that all approvals referred to in section 4 hereof are obtained the exercise price for each of the Options listed in Part One of Schedule “A” shall be Cdn.$1.00 per share and the exercise price for each of the Options listed in Part Two Schedule “A” shall be Cdn. $1.50 per share.

Exercise Price of Options. Notwithstanding the exercise price for the Options described on Schedule “A” hereto, from and after the date that all approvals referred to in section 4 hereof are obtained the exercise price for each of the Options listed in Part One of Schedule “A” shall be Cdn.$1.00 Cdn. $1.00 per share and the exercise price for each of the Options listed in Part Two Schedule “A” shall be Cdn. $1.50 per share.