Option Certificates Clause Samples

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Option Certificates. The grant of the Time-In-Service Options, Stock Performance Options and Financial Performance Options (collectively, the “Options”) shall each be evidenced by a written common share purchase option agreement or certificate containing such terms as Signalife determines to be appropriate consistent with the terms of this Agreement.
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Option Certificates. The options certificates (the "Option Certificates") to be delivered pursuant to this Agreement shall be 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 the Agreement.
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Option Certificates. Subject to the Eligible Employee entering into a Savings Contract, as soon as possible after the Date of Grant each Eligible Employee shall be issued an Option Certificate in respect of his Option, specifying the Date of Grant, the number of Plan Shares subject to the Option, the Option Price and the Acquisition Price. Options only to be granted to employees and directors
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Option Certificates. An option certificate entitles the holder to subscribe for a certain company's shares at a predefined ratio at a predefined price during a limited subscription period, after which the option becomes worthless. Options involve a price risk, risk related to the issuer's repayment ability and market risk.
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Option Certificates. The Option Certificates to be delivered pursuant to this Agreement (the "Option Certificates") shall be in the form set forth in EXHIBIT A, attached hereto and made a part hereof. The Option Certificates shall be executed on behalf of the Company by its Chief Executive Officer, President, or any Vice President under its corporate seal reproduced thereon and attested by its corporate secretary or one of its assistant secretaries. Option Certificates may be exchanged at the Optionholder's option, when surrendered to the Company for another Option Certificate or other Option Certificates of like tenor and representing in the aggregate a like number of Options.
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Option Certificates. The Option Certificates will be issued for convenience only, and in the case of a dispute with regard to any matter in respect thereof, the provisions of this Plan and the records of the Company shall prevail over the terms and conditions in the Option Certificate, including the terms and conditions set out in any appendices attached to the Option Certificate. Each Option will also be subject to, in addition to the provisions of the Plan, the terms and conditions contained in the schedules, if any, attached to the Option Certificate for such Option. Should the terms and conditions contained in such schedules be inconsistent with the provisions of the Plan, such terms and conditions will supersede the provisions of the Plan.
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Option Certificates. Based upon the agreements made by LPFC herein, TurboNet is herewith returning the Preliminary Certificates to LPFC, duly endorsed for transfer, and TurboNet and LPFC acknowledge and agree that such certificates will be cancelled and the shares of LPFC common stock evidenced thereby will be returned to the status of authorized and unissued shares.
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Option Certificates. Each Option shall entitle the holder ("REGISTERED HOLDER" or, in the aggregate, "REGISTERED HOLDERS") in whose name the certificate shall be registered on the books maintained by the Company to purchase one (1) share of Common Stock on exercise thereof, subject to modification and adjustment as provided in Section 8 hereof. Option certificates shall be executed by the Company's President and attested to by its Secretary. The Company shall deliver Option certificates in required whole number denominations to Registered Holders in connection with any transfer or exchange permitted under this Agreement. Except as provided in Section 7 hereof, no Option certificates shall be issued except (i) certificates initially issued hereunder, (ii) certificates issued on or after the initial issuance date upon the exercise of any Option to evidence the unexercised Options held by the exercising Registered Holder and (iii) Option certificates issued after the initial issuance date upon any transfer or exchange of certificates or replacements of lost or mutilated certificates.
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Related to Option Certificates

  • Legend on Certificates The certificates representing the Shares purchased by exercise of the Option shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which such Shares are listed, and any applicable Federal or state laws, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions.

  • 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.

  • Legends on Certificates All Lock-Up Shares now or hereafter owned by the Stockholder, except any shares purchased in open market transactions by Stockholders that are not affiliates (as such term is defined under securities laws) of the Company, shall be subject to the provisions of this Agreement and the certificates representing such Lock-Up Shares shall bear the following legends: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES LAWS. THEY MAY NOT BE SOLD, ASSIGNED, PLEDGED OR OTHERWISE TRANSFERRED FOR VALUE UNLESS THEY ARE REGISTERED UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR UNLESS THE CORPORATION RECEIVES AN OPINION OF COUNSEL SATISFACTORY TO IT, OR OTHERWISE SATISFIES ITSELF, THAT AN EXEMPTION FROM REGISTRATION IS AVAILABLE. THE SALE, ASSIGNMENT, GIFT, BEQUEST, TRANSFER, DISTRIBUTION, PLEDGE, HYPOTHECATION OR OTHER ENCUMBRANCE OR DISPOSITION OF THE SHARES REPRESENTED BY THIS CERTIFICATE IS RESTRICTED BY AND MAY BE MADE ONLY IN ACCORDANCE WITH THE TERMS OF A LOCK-UP AGREEMENT, A COPY OF WHICH MAY BE EXAMINED AT THE OFFICE OF THE CORPORATION.

  • 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).