Common use of Buyout Provisions Clause in Contracts

Buyout Provisions. The Committee may at any time (i) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (ii) authorize a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 23 contracts

Samples: 2020 Stock Incentive Plan (Vincerx Pharma, Inc.), 2024 Omnibus Incentive Plan (I-Mab), 2024 Stock Incentive Plan (Silvaco Group, Inc.)

AutoNDA by SimpleDocs

Buyout Provisions. The Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (iib) authorize a Participant an Optionee to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 18 contracts

Samples: 2001 Supplemental Stock Plan (Equinix Inc), 1999 Stock Incentive Plan (Redback Networks Inc), 1998 Stock Incentive Plan (Affymetrix Inc)

Buyout Provisions. The Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (iib) authorize a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 14 contracts

Samples: 2015 Stock Incentive Plan (Invitae Corp), 2015 Stock Incentive Plan (Invitae Corp), 2015 Stock Incentive Plan (Invitae Corp)

Buyout Provisions. The Committee may at any time (i) offer to buy out an Option, in exchange for a payment in cash or cash equivalents an Option previously granted or (ii) authorize a Participant to elect to cash out an Option previously grantedShares, in either case at such time and based upon on such terms and conditions as the Committee shall establishestablish and communicate to the Participant at the time that such offer is made.

Appears in 14 contracts

Samples: Stock Option Award Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group, Inc.), Stock Option Award Agreement (Commerce Energy Group, Inc.)

Buyout Provisions. The Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (iib) authorize a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. VIOLIN MEMORY, INC. 2012 STOCK INCENTIVE PLAN

Appears in 4 contracts

Samples: 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc)

Buyout Provisions. The Subject to Section 3(e), the Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (iib) authorize a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 3 contracts

Samples: 2009 Stock Incentive Plan (Financial Engines, Inc.), 2009 Stock Incentive Plan (Financial Engines, Inc.), 2009 Stock Incentive Plan (Financial Engines, Inc.)

Buyout Provisions. The Committee may at any time (i) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (ii) authorize a Participant to elect to cash out an Option previously granted, in either case case, at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 2 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)

Buyout Provisions. The Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (iib) authorize a Participant an Optionee or Permissible Assignee (if applicable) to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Motive Inc), Non Qualified Stock Option Agreement (Motive Inc)

AutoNDA by SimpleDocs

Buyout Provisions. The Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (iib) authorize a Participant an Optionee to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. This is hidden text! Do not erase!

Appears in 1 contract

Samples: Stock Plan (Actionpoint Inc)

Buyout Provisions. The Committee may at any time (i) offer to buy out for a payment in cash cash, Stock, Deferred Stock or cash equivalents Restricted Stock an Option previously granted or (ii) authorize a Participant to elect to cash out an Option option previously granted, in either case at such time and based upon on such terms and conditions as the Committee shall establishestablish and communicate to the optionee at the time that such offer is made.

Appears in 1 contract

Samples: Agreement and Plan of Contribution and Merger (Excalibur Technologies Corp)

Buyout Provisions. The Committee may at any time (i) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (ii) authorize a Participant to elect to cash out an Option previously granted, in either case at such time and based upon such terms and conditions as the Committee shall establish.. 281753960 v1

Appears in 1 contract

Samples: Inducement Award Plan (SITIME Corp)

Buyout Provisions. The Notwithstanding anything to the contrary herein, the Committee may at any time (ia) offer to buy out for a payment in cash or cash equivalents an the Option previously granted or (iib) authorize a Participant Executive to elect to cash out an Option previously grantedthe Option, in either case at such time and based upon such terms and conditions as the Committee shall establish.

Appears in 1 contract

Samples: Inducement Stock Option Agreement (Meru Networks Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!