Grant of Put Option. On one occasion during the Exercise Period, each of the Put Holders shall have the right (but not the obligation) to sell to Revision, and Revision shall be obligated to purchase from each such Put Holder, up to an aggregate of 1,103,817 shares of Common Stock (the "Securities") at a purchase price of $16 per share.
Appears in 2 contracts
Sources: Put Agreement (Feldman Warren), Put Agreement (Total Tel Usa Communications Inc)
Grant of Put Option. On one occasion during the Exercise Period, each Each of the Put Holders shall have the right (but not the obligation) to sell to Revision, and Revision shall be obligated to purchase from each such Put Holder, up to an aggregate of 1,103,817 shares of Common Stock (the "Securities") at a purchase price of $16 per share.
Appears in 2 contracts
Sources: Put Agreement (Gold & Appel Transfer Sa), Put Agreement (Feldman Warren)
Grant of Put Option. On one occasion during the Exercise Period, each of the Put Holders shall have the right (but not the obligation) to sell to Revision, and Revision shall be obligated to purchase from each such Put Holder, up to an aggregate of 1,103,817 104,320 shares of Common Stock Stock, (the "Securities") at a purchase price of $16 per share.
Appears in 1 contract