Document ID: 11566

Text:
2.3. Initial Stock Option Grant and Equity Purchase Opportunity. As soon as practicable following the Commencement Date, (i)Holdings shall grant to the Executive an option to purchase 10,000 shares of common stock of Holdings at an exercise price of $175.00 per share, pursuant to the terms and conditions set forth in an option agreement between Holdings and the Executive, with such option agreement to be substantially in the form attached hereto as ExhibitB, (ii)Executive shall purchase common stock of Holdings pursuant to a subscription agreement substantially in the form attached hereto as ExhibitC, and with an aggregate purchase price of an amount equal to 30% of all proceeds received by the Executive,

Named Entities:
35
37
Shares
49
52
Price
66
67
Title
102
103
Title
124
125
Percentage

Tokenized Text:
2
.
3
.
Initial
Stock
Option
Grant
and
Equity
Purchase
Opportunity
.
As
soon
as
practicable
following
the
Commencement
Date
,
(
i
)
Holdings
shall
grant
to
the
Executive
an
option
to
purchase
10
,
000
shares
of
common
stock
of
Holdings
at
an
exercise
price
of
$
175
.
00
per
share
,
pursuant
to
the
terms
and
conditions
set
forth
in
an
option
agreement
between
Holdings
and
the
Executive
,
with
such
option
agreement
to
be
substantially
in
the
form
attached
hereto
as
ExhibitB
,
(
ii
)
Executive
shall
purchase
common
stock
of
Holdings
pursuant
to
a
subscription
agreement
substantially
in
the
form
attached
hereto
as
ExhibitC
,
and
with
an
aggregate
purchase
price
of
an
amount
equal
to
30
%
of
all
proceeds
received
by
the
Executive
,