Option Plan Matters Sample Clauses

Option Plan Matters. (a) Prior to the Closing, the Company shall (i) obtain the approval of the Board to increase the number of shares of common stock reserved under the 2020 Equity Plan by 194,150 shares, from 320,000 shares to 514,150 shares and (ii) file all required filings with the SEC related to such amendment and approval. On or before the one year anniversary of such Board approval of the increase in the number of shares of common stock reserved under the 2020 Equity Plan, the Company shall (i) obtain the approval of its stockholders to increase the number of shares of common stock reserved for issuance under the 2020 Equity Plan and (ii) file all required filings with the SEC related to such amendment and approval.
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Option Plan Matters. Bank of Richmond shall have delivered to Financial Holdings the written agreement of each holder submitting a Surrendered Option, as required by Paragraph 6.07(a).
Option Plan Matters. The Company shall maintain the Option Plan and make any grants under the Option Plan in accordance with the terms thereof. The Company shall not, and shall cause its Subsidiaries not to, amend, modify or change any material term or provision of the Option Plan, including pursuant to any grant or similar letter issued thereunder or pursuant thereto, without the prior written approval of the Purchaser
Option Plan Matters. Community Bank shall have delivered to Financial Corporation the written agreement of each individual holder of the Community Bank Stock Options, as required by Paragraph 6.07(a), that it has been able to obtain.
Option Plan Matters. Main Street and Piedmont shall have delivered to Yadkin the written agreement of each individual holder of the Main Street Options, as required by Paragraph 6.07.
Option Plan Matters. HC Financial and High Country shall have ------------------- delivered to Yadkin the written agreement of each individual holder of the High Country Options, as required by Paragraph 6.07(a).

Related to Option Plan Matters

  • Stock Option Plans Each stock option granted by the Company under the Company’s stock option plan was granted (i) in accordance with the terms of the Company’s stock option plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s stock option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Option Plans There is no share option plan or similar plan to acquire any additional shares or units or other equity interests, as the case may be, of IEM or securities convertible or exercisable into or exchangeable for, or which otherwise confer on the holder thereof any right to acquire, any such additional shares or units or equity interests, as the case may be.

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Company Stock Option Plans Simultaneously with the execution of this Agreement, the Board of Directors of the Company (or, if appropriate, any committee administering the Company Stock Option Plans) shall adopt such resolutions or take such other actions as are required to effect the transactions contemplated by Section 2.10 in respect of all outstanding Options and thereafter the Board of Directors of the Company (or any such committee) shall adopt any such additional resolutions and take such additional actions as are required in furtherance of the foregoing.

  • Stock Option Plans, Etc Accelerate, amend or change the period of exercisability or vesting of options or other rights granted under its stock plans or authorize cash payments in exchange for any options or other rights granted under any of such plans;

  • Share Option Plans Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s share option plan and (ii) with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law. No share option granted under the Company’s share option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, share options prior to, or otherwise knowingly coordinate the grant of share options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Stock Option Plans; Employee Benefits 6.26.1 The Acquiror Company has no stock option plans providing for the grant by the Acquiror Company of stock options to directors, officers or employees.

  • Employee Stock Option Plan Employee shall be entitled to participate in the Employee Stock Option Plan of the Company once approved by the Board of Directors.

  • Option Plan This Option is subject to certain additional terms and ----------- conditions set forth in the Plan pursuant to which this Option has been issued. Optionee acknowledges receipt of a copy of the Plan on file with the Secretary of the Company and, by acceptance hereof, agrees to and accepts this Option subject to the terms of the Plan. Except as otherwise defined herein, defined terms used in this Agreement shall have the meaning ascribed thereto in the Plan.

  • Transition Plan 1. A transition plan is a detailed description of the process of transferring enrollees from non-participating providers to the Health Plan's behavioral health care provider network to ensure optimal continuity of care. The transition plan shall include, but not be limited to, a timeline for transferring enrollees, description of provider clinical record transfers, scheduling of appointments, and proposed prescription drug protocols and claims approval for existing providers during the transition period. The Health Plan shall document its efforts relating to the transition plan in the enrollee’s clinical records.

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