TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION Sample Clauses

The 'total-number-of-shares-subject-to-this-option' clause defines the exact quantity of shares that an option holder is entitled to purchase under the terms of a stock option agreement. This clause specifies the maximum number of shares that can be acquired, regardless of vesting or exercise schedule, and is typically stated as a fixed number in the agreement. By clearly setting this limit, the clause ensures both parties understand the scope of the option grant, preventing disputes over the amount of equity available and providing certainty for both the company and the option holder.
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is one million fifty thousand (1,050,000) (the "Shares"). (a) Subject to the limitations contained herein, the shares of Common Stock subject to this option shall vest pursuant to the Vesting Schedule attached hereto as Exhibit B; provided that, if the Company or its stockholders enter into an agreement providing for an Acquisition and the surviving or acquiring company does not assume the option or substitute a substantially equivalent option therefor, the vesting schedule of this option shall be accelerated so that this option shall become exercisable immediately prior to the consummation of the Acquisition with respect to a number of shares equal to (i) the number of shares for which the option is exercisable pursuant to Exhibit B as of the date of the consummation of such Acquisition (less the number of shares as to which this option has been previously exercised), plus (ii) the greater of (A) one-half of the number of unvested shares subject to this option as of the date of consummation of the Acquisition or (B) the number of shares that otherwise would have vested under Exhibit B in the 12 month period following consummation of such Acquisition. In the event that the surviving or acquiring corporation in an Acquisition assumes this option or substitutes a substantially equivalent option, and if thereafter Optionee's employment is terminated by the Company other than for Cause (as defined below) or by Optionee for Good Reason (as defined below) at any time when any of the shares subject to this option remain unvested following the consummation of the Acquisition, then the vesting
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is ____________________ (__________).
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of Shares subject to the Option is set forth on the Grant Notice.
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is 500,000.
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is .
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is set forth in the Grant Notice (the "OPTION SHARES").
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is Six Hundred Seventy-Seven Thousand Three Ninety-Six (677,396). Subject to the limitations contained herein, this option shall be exercisable in whole or in part only after the option has vested. This option shall vest as follows: (a) in equal quarterly increments during the term of your employment under the Agreement commencing with the commencement of your employment with the Company, with such vesting to be effective upon the last day of each calendar quarter; (b) one-half of any unvested option granted under the Agreement will vest upon your death or permanent disability; (c) all of the unvested options granted under the Agreement will vest upon the merger of the Company into or with another person, unless the Company is the surviving entity and the Agreement remains in full force and effect following such merger; and (d) all of the unvested options granted under the Agreement will vest upon the sale of all of the assets or stock of the Company to another person.
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. Subject to the terms and conditions of this Agreement, Employer granted to Executive, effective June 1, 1999, an option ("Option") to purchase 139,383 shares of common stock of Employer. The Option granted pursuant to this first paragraph of Section 5(a) is referred to in this Agreement as the "Initial Option." Effective March 22, 2000, Employer granted to Executive an additional Option to purchase 69,692 shares of common stock of Employer (the "March 2000 Option"). Effective as of December 31, 2001, Employer grants to Executive an additional Option to purchase 100,000 shares of common stock of Employer (the "December 2001 Option") and the parties agree to the cancellation and termination of the Option to purchase 25,000 shares of common stock of Employer at an exercise price of $3.59 per shares that was granted to Executive prior to the date of this Agreement. References in this Agreement to the "Options" shall be deemed to refer to the Initial Option, the March 2000 Option and the December 2001 Option. References in this Agreement to the "Option Shares" shall be deemed to refer to the shares of common stock of Employer issuable upon exercise of the Options.
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TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION. The total number of shares of Common Stock subject to this option is Three Thousand Four Hundred Eighty-Seven (3,487). Subject to the limitations contained herein, this option shall be exercisable immediately.
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Related to TOTAL NUMBER OF SHARES SUBJECT TO THIS OPTION

  • Number of Shares Issuable upon Exercise From and after the date hereof through and including the Expiration Date, the Holder shall be entitled to receive, upon exercise of this Warrant in whole or in part, by delivery of an original or fax copy of an exercise notice in the form attached hereto as Exhibit A (the "Exercise Notice"), shares of Common Stock of the Company, subject to adjustment pursuant to Section 4.

  • Adjustment of Exercise Price, Number of Shares or Number of Rights The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11. (a) (i) Anything in this Agreement to the contrary notwithstanding, in the event the Company shall at any time after the date of this Agreement (A) declare a dividend on the Preferred Shares payable in Preferred Shares, (B) subdivide the outstanding Preferred Shares, (C) combine the outstanding Preferred Shares (by reverse stock split or otherwise) into a smaller number of Preferred Shares, or (D) issue any shares of its capital stock in a reclassification of the Preferred Shares (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing or surviving corporation), then, in each such event, except as otherwise provided in this Section 11 and Section 7(e) hereof: (1) the Exercise Price in effect at the time of the record date for such dividend or of the effective date of such subdivision, combination or reclassification shall be adjusted so that the Exercise Price thereafter shall equal the result obtained by dividing the Exercise Price in effect immediately prior to such time by a fraction (the "ADJUSTMENT FRACTION"), the numerator of which shall be the total number of Preferred Shares (or shares of capital stock issued in such reclassification of the Preferred Shares) outstanding immediately following such time and the denominator of which shall be the total number of Preferred Shares outstanding immediately prior to such time; provided, however, that in no event shall the consideration to be paid upon the exercise of one Right be less than the aggregate par value of the shares of capital stock of the Company issuable upon exercise of such Right; and (2) the number of one-thousandths of a Preferred Share (or share of such other capital stock) issuable upon the exercise of each Right shall equal the number of one-thousandths of a Preferred Share (or share of such other capital stock) as was issuable upon exercise of a Right immediately prior to the occurrence of the event described in clauses (A)-(D) of this Section 11(a)(i), multiplied by the Adjustment Fraction; provided, however, that, no such adjustment shall be made pursuant to this Section 11(a)(i) to the extent that there shall have simultaneously occurred an event described in clause (A), (B), (C) or (D) of Section 11(n) with a proportionate adjustment being made thereunder. Each Common Share that shall become outstanding after an adjustment has been made pursuant to this Section 11(a)(i) shall have associated with it the number of Rights, exercisable at the Exercise Price and for the number of one-thousandths of a Preferred Share (or shares of such other capital stock) as one Common Share has associated with it immediately following the adjustment made pursuant to this Section 11(a)(i).

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Shares Subject to the Plan Subject to the provisions of Section 13 of the Plan, the maximum number of Shares that the Company may issue for all Awards is 1,453,334 Shares, provided that the Company shall not make additional awards under the Commonwealth Energy Corporation 1999 Equity Incentive Plan, as amended and assumed by Commerce Energy Group, Inc. For all Awards, the Shares issued pursuant to the Plan may be authorized but unissued Shares, or Shares that the Company has reacquired or otherwise holds in treasury. Shares that are subject to an Award that for any reason expires, is forfeited, is cancelled, or becomes unexercisable, and Shares that are for any other reason not paid or delivered under the Plan shall again, except to the extent prohibited by Applicable Law, be available for subsequent Awards under the Plan. In addition, the Committee may make future Awards with respect to Shares that the Company retains from otherwise delivering pursuant to an Award either (i) as payment of the exercise price of an Award, or (ii) in order to satisfy the withholding or employment taxes due upon the grant, exercise, vesting or distribution of an Award. Notwithstanding the foregoing, but subject to adjustments pursuant to Section 13 below, the number of Shares that are available for ISO Awards shall be determined, to the extent required under applicable tax laws, by reducing the number of Shares designated in the preceding paragraph by the number of Shares granted pursuant to Awards (whether or not Shares are issued pursuant to such Awards), provided that any Shares that are either issued or purchased under the Plan and forfeited back to the Plan, or surrendered in payment of the Exercise Price for an Award shall be available for issuance pursuant to future ISO Awards.

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Common Stock set forth in Item 6 of Schedule A hereto, at a purchase price per share of Common Stock equal to the Exercise Price. The number of shares of Common Stock (the “Shares”) and the Exercise Price are subject to adjustment as provided herein, and all references to “Common Stock,” “Shares” and “Exercise Price” herein shall be deemed to include any such adjustment or series of adjustments.