Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
Appears in 259 contracts
Samples: Letter Agreement (Snap Inc), Letter Agreement (Merit Medical Systems Inc), Letter Agreement (Wayfair Inc.)
Cash Settlement. If Cash Settlement is applicable to any Exercisable Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Exercisable Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Exercisable Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
Appears in 4 contracts
Samples: TTM Technologies Inc, TTM Technologies Inc, TTM Technologies Inc
Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
Appears in 4 contracts
Samples: Liveperson Inc, Liveperson Inc, Liveperson Inc
Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, sum for each Valid Trading Day during the Settlement Averaging applicable Conversion Period for such Option, Option of (i) the Daily Option Value for such Valid Trading Day, divided by (ii) the number of Valid Trading Days in the Settlement Averaging applicable Conversion Period.
Appears in 3 contracts
Samples: Teradyne, Inc, Teradyne, Inc, Teradyne, Inc
Cash Settlement. If Cash Settlement is applicable to any Exercisable Option exercised or deemed to be exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer Bank will pay to Counterparty, on the relevant Settlement Date for each such Exercisable Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Exercisable Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
Appears in 2 contracts
Samples: Letter Agreement (Nuvasive Inc), Nuvasive Inc
Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, subject to Section 5(c) of this Confirmation, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Trading Day during the Settlement Averaging applicable Conversion Period for such Option, of (i) the Daily Option Value for such Valid Trading Day, divided by (ii) the number of Valid Trading Days in the Settlement Averaging applicable Conversion Period.
Appears in 2 contracts
Samples: Letter Agreement (DealerTrack Holdings, Inc.), Letter Agreement (DealerTrack Holdings, Inc.)
Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the greater of (I) the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging PeriodPeriod and (II) USD 0.00.
Appears in 1 contract
Samples: InvenSense Inc
Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value OptionValue for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
Appears in 1 contract
Samples: CONMED Corp
Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging PeriodPeriod .
Appears in 1 contract
Samples: Magnite, Inc.