Option Certificate Sample Clauses

An Option Certificate clause defines the issuance and terms of a certificate that evidences an individual's or entity's right to purchase shares or other securities under an option agreement. Typically, this clause outlines the conditions under which the certificate is granted, the number and type of securities it covers, and the procedures for exercising the option, such as notice requirements and payment terms. Its core practical function is to formalize and document the holder's rights, ensuring clarity and enforceability regarding the option's terms and the process for acquiring the underlying securities.
Option Certificate. An option certificate (the "Option Certificate") shall be delivered to Optionee pursuant to this Agreement in the form set forth in Exhibit A attached hereto and made a part hereof, with such appropriate insertions, omissions, substitutions and other variations as required or permitted by this Agreement
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Option Certificate. The Option Holder’s rights pursuant to this Agreement shall only be evidenced by this Agreement and will not be certificated.
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Option Certificate. The certificate evidencing the Option (the “Option Certificate”) to be delivered pursuant to this Agreement shall be in registered form only and shall be substantially in the form set forth in Exhibit A. The Company shall number and register the Option Certificate in a register as it is issued.
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Option Certificate. The term of expiry, conditions to and manner of exercise and other terms and conditions of the Replacement Options shall be the same as the terms and conditions of the Options for which they are exchanged and any certificate previously evidencing the Option shall thereafter evidence and be deemed to evidence such Replacement Option.
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Option Certificate. THE OPTIONS REPRESENTED BY THIS CERTIFICATE AND THE SHARES OF COMMON STOCK (OR OTHER SECURITIES) ISSUABLE UPON EXERCISE THEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THE OPTIONS, SHARES OR OTHER SECURITIES MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL THAT AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE. EXERCISABLE FROM 12:00 P.M. LOS ANGELES TIME, ON SEPTEMBER 15, 1997 UNTIL 11:59 P.M., LOS ANGELES TIME ON SEPTEMBER 15, 2002 No. 0-2 25,000 Options OPTION CERTIFICATE NEW DIRECTIONS MANUFACTURING, INC.
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Related to Option Certificate

  • Termination Certificate Upon termination of this Agreement, the Parties hereto shall execute an appropriate certificate of termination in recordable form (a “Termination Certificate”), which shall be recorded in the official records of Los Angeles County.

  • Completion Certificate (i) Upon completion of all Works forming part of the Project Highway, and the Authority’s Engineer determining the Tests to be successful and after the receipt of notarized true copies of the certificate(s) of insurance, copies of insurance policies and premium payment receipts in respect of the insurance defined in Article 20 and Schedule P of this Agreement, it shall, at the request of the Contractor forthwith issue to the Contractor and the Authority a certificate substantially in the form set forth in Schedule-L (the “Completion Certificate”). (ii) Upon receiving the Completion Certificate, the Contractor shall remove its equipment, materials, debris and temporary works from the Site within a period of 30 (thirty) days thereof, failing which the Authority may remove or cause to be removed, such equipment, materials, debris and temporary works and recover from the Contractor an amount equal to 120% (one hundred and twenty per cent) of the actual cost of removal incurred by the Authority. (iii) Without prejudice to the obligations of the Contractor specified in Articles 14 and 17, the property and ownership of all the completed Works forming part of the Project Highway shall vest in the Authority.

  • Representation Certificate The Agent shall have received the certificate required to be delivered pursuant to Section 7(l) on or before the date on which delivery of such certificate is required pursuant to Section 7(l).

  • TERMINATION CERTIFICATION Upon separation from employment with the Company, I agree to immediately sign and deliver to the Company the “Termination Certification” attached hereto as Exhibit C. I also agree to keep the Company advised of my home and business address for a period of three (3) years after termination of my employment with the Company, so that the Company can contact me regarding my continuing obligations provided by this Agreement.

  • Perfection Certificate The Administrative Agent (or its counsel) shall have received a completed Perfection Certificate dated the Closing Date and signed by a Responsible Officer of each Loan Party, together with all attachments contemplated thereby.