Outstanding Equity Grants Sample Clauses

Outstanding Equity Grants. 1. Your stock options are fully vested. You may exercise any or all of these options between now and your date of Termination in accordance with Xxxxxx’x Xxxxxxx Xxxxxxx Policy open and close window periods. In addition, you will have ninety (90) days following your date of Termination to exercise your options. After the 90th day, they will expire.
Sample 1
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Outstanding Equity Grants. Your outstanding equity grants shall be treated as follows: ​ During the Transition Period, you will continue to time vest pursuant to (i) the Restricted Stock Unit Agreement, dated as of April 27, 2020, between the Company and you (the “2020 Agreement”), (ii) the Restricted Stock Unit Agreement, dated as of March 16, 2021, between the Company and you (the “2021 Agreement”), and (iii) the Performance Share Unit Agreement, dated April 17, 2019, between the Company and you (the “PSU Agreement”). Additionally, the performance share units underlying the PSU Agreement will remain subject to the achievement of the applicable performance conditions. To the extent the performance vesting criteria for the performance share unit grants made pursuant to agreements similar to the PSU Agreement are adjusted for the Company’s senior management, the performance criteria for the award made to you pursuant to the PSU Agreement will be likewise adjusted. ​ ​ Notwithstanding the foregoing, upon execution of this Agreement, you shall immediately vest in 100,000 of the restricted stock units (“RSUs”) under the 2020 Agreement. The shares underlying such RSUs shall be issued and delivered to you within five (5) business days following the execution of this Agreement on a net share settlement basis (i.e., net of the number of shares that as of such issuance date are equal to the required tax withholding in respect of such issuance). The remaining 89,000 RSUs subject to the 2020 Agreement shall remain outstanding in accordance with the terms of the 2020 Agreement. ​ For the avoidance of doubt, any equity awards that are scheduled to vest in accordance with their terms between the date hereof and the Transition Date, including pursuant to the Restricted Stock Unit Agreement, dated as of April 26, 2018 (the “2018 Agreement”), shall continue to vest in accordance with their terms. ​ It also is understood and agreed that if a Change in Control (as defined in the CIC Agreement) occurs which results in accelerated vesting or release of lock-up restrictions for restricted stock units, performance share units or shares issued in respect of restricted stock or performance share units held by the Company’s senior management, all of your then outstanding RSUs under the 2018 Agreement, the PSU Agreement, the 2020 Agreement and the 2021 Agreement, as applicable, shall vest and be settled, and any applicable lock-up restrictions will be released, in a manner consistent with such other senior ma...
Sample 1
Outstanding Equity Grants. For purposes of this Section on Outstanding Equity Grants, the terms of any outstanding option grants and restricted stock unit grants to you (“Outstanding Equity Grants”) are set forth in and governed by the applicable stock option agreement(s), applicable restricted stock unit agreement(s), and applicable stock option plans, including the 2seventy bio, Inc. 2021 Stock Option and Incentive Plan (the “Stock Plan”) (the option agreement(s), the restricted stock unit agreement(s) and Stock Plan, together, constitute the “Equity Documents”). Notwithstanding anything to the contrary in the Equity Documents:
Sample 1
Outstanding Equity Grants. (a) The parties acknowledge that Xxxxxx currently holds certain vested stock options and stock appreciation rights. Xxxxxx shall have the right to exercise such vested stock options or stock appreciation rights after the Severance Date only to the extent provided in the grant of such stock options and stock appreciation rights. All unvested stock appreciation rights have been forfeited as of the Severance Date. With respect to stock appreciation rights with respect to 2,030 shares which would have vested on February 25, 2018 (at a strike price of $181.47 per share), the Company shall pay to Xxxxxx as additional compensation (subject to applicable withholding taxes) on before April 15, 2018, an amount equal to (i) 2,030 multiplied by (ii) the difference between the highest closing price for the Company’s stock between the date hereof and March 31, 2018 minus $181.47. If the Company’s stock does not close above $181.47 per share on or before March 31, 2018, then nothing shall be payable under this paragraph (a).
Sample 1
Outstanding Equity Grants. The parties agree that, after giving effect to the provisions described in this Paragraph 2, the following schedule represents Employee’s outstanding equity grants by type and date, as of the date of this Agreement: AWARD DATE AWARD TYPE AWARD PRICE AWARD AMOUNT NUMBER VESTED (at Termination Date) EXERCISABLE FOR 24 MONTHS FORFEIT ON TERMINATION 5/3/2006 Option $26.100 66,200 66,200 No 0 2/27/2007 Option $29.515 37,400 37,400 No 0 5/1/2007 Option $36.040 27,000 27,000 No 0 2/15/2008 Option $39.130 63,400 63,400 No 0 2/24/2009 Option $4.410 92,575 92,575 No 0 2/11/2010 Option $11.350 408,000 408,000 No 0 2/14/2011 Option $19.780 286,900 286,900 No 0 2/28/2012 Option $16.280 205,295 205,295 Yes 0 2/26/2013 Option $18.140 127,500 127,500 Yes 0 2/14/2014 Option $29.070 96,645 48,322 Yes 48,322 2/17/2015 Option $21.800 170,630 0 No 170,630 2/17/2015 Restricted Stock N/A 93,720 0 N/A 93,720 4/8/2015 Restricted Stock N/A 93,788 93,788 N/A 0 2013-2015 Performance Period Performance Shares N/A 95,600 (at target) 95,600 N/A 0 2014-2016 Performance Period Performance Shares N/A 18,105 (at threshold) 0 N/A 18,105
Sample 1
Outstanding Equity Grants. (i) All outstanding options to purchase Company common stock previously awarded to Executive pursuant to the Wolverine Tube, Inc. 2003 Equity Incentive Plan (the "2003 Plan") and the Wolverine Tube, Inc. 1993 Equity Incentive Plan (the "1993 Plan") shall become fully vested as of the Retirement Date and, in accordance with their existing terms, may be exercised at any time prior to ten (10) years from the grant date of such outstanding option.
Sample 1
Outstanding Equity Grants. The parties acknowledge that Levy currently holds the following equity grants (the “Levy Equity Grants”): (i) options to purchase shares of stock in the Company (the “Levy Options”) as follows: options to purchase 14,590 shares at $36.97 per share; options to purchase 75,796 shares at $80.29 per share; options to purchase 19,600 shares at $85.24 per share; and options to purchase 17,526 shares at $108.59 per share; and (ii) shares of unvested restricted stock (“Levy’s Restricted Stock”) as follows: 3,807 shares granted on February 8, 2012, 12,455 shares granted on February 26, 2013, 3,217 shares granted on March 8, 2013, and 4,144 shares granted on March 6, 2014. All of the Levy Equity Grants shall become immediately vested as of the Severance Date. The Company shall purchase from Levy all of his equity in the Levy Equity Grants based on stock price equal to the average closing price for a share of the Company’s common stock over the last five (5) trading days before the date of this Agreement. The parties acknowledge that the average closing price over such five-day period is $124.05 per share and that the total gross amount payable to Levy under this Item 4 is $8,549,391.27 Such amount, less required minimum withholding taxes (if any) shall be paid to Levy within thirty (30) days after the Severance Date. Simultaneously with the payment of such amount, Levy shall execute and deliver to the Company such instrument as may be reasonably requested to evidence the cancellation of all of the Levy Equity Grants. The parties acknowledge that the above represents all of the outstanding equity grants in the Company held by Levy.
Sample 1
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Related to Outstanding Equity Grants

  • Outstanding Equity Awards Executive’s outstanding equity awards shall remain outstanding following the Effective Date in accordance with their terms, provided, that to the extent any term of this Agreement is more favorable to Executive, including in respect to accelerated vesting, the more favorable terms of this Agreement shall control.

  • Outstanding Options The option granted to Optionee under this Option Agreement shall in no event be exercised while there is outstanding any option previously granted to Optionee to purchase common shares of the Company at a price higher than the option price under the option herein granted to Optionee.

  • Equity Grants The Employee shall be granted as soon as practicable on or after the Effective Date, a stock option to purchase 734,900 shares of the Company’s common stock (the “Option”) (which option shall be issued as an incentive stock option to the maximum extent allowed under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (the “Code”)) pursuant to the Company’s 2011 Employee, Director and Consultant Equity Incentive Plan (the “Plan”). The Option shall be granted with an exercise price equal to the fair market value of the Company’s common stock on the date of grant. Twenty-Five percent (25%) of the Option shall be vested one year from the Effective Date and the remaining portion of such Option shall vest in equal monthly installments over a thirty-six (36) month period commencing on the first day of the month one year following the Effective Date, subject to continued employment by the Company. Notwithstanding the foregoing, in connection with a Change of Control (as defined in the Plan) or if a termination of the Employee occurs within two (2) months prior thereto, then the vesting of all equity then owned by the Employee shall accelerate with respect to one hundred percent (100%) of the unvested shares. In lieu of the Option at the request of the Employee, the Company shall issue restricted common stock. Restricted common stock will be issued at par value. If the equity to be issued is restricted common stock and not stock options, the number of shares of restricted common stock to be issued shall be calculated by determining the black scholes value of the grant as if it had been issued solely as stock options and dividing such number by the then current fair market value of the Company’s common stock so as to provide no additional benefit to the Employee for the non-payment of the exercise price. The Employee acknowledges and agrees that effective as of the date of the grant of the equity as set forth in the preceding paragraph, option agreement No. SP-0040 granted by the Company to the Employee as of April 30, 2011 shall be terminated and of no further force and effect. The Company acknowledges that any other options previously granted to the Employee that vest based upon the Employee providing consulting services to the Company shall continue to vest upon its terms as long as the Employee is providing services as a director, consultant or employee of the Company and that the definition of “cause” applicable to all such option agreements shall be the definition set forth herein and not as set forth in the 2008 Stock Incentive Plan.

  • Outstanding Warrants The Warrants outstanding at any time are all Warrants evidenced on all Warrant Certificates authenticated by the Warrant Agent except for those canceled by it and those delivered to it for cancellation. A Warrant ceases to be outstanding if the Company or an Affiliate of the Company holds the Warrant. If a Warrant Certificate is replaced pursuant to Section 2.06, the Warrants evidenced thereby cease to be outstanding unless the Warrant Agent and the Company receive proof satisfactory to them that the replaced Warrant Certificate is held by a bona fide purchaser.

  • Accelerated Vesting of Equity Awards One hundred percent (100%) of Executive’s then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the Equity Award will vest as to one hundred percent (100%) of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s).

  • Outstanding Common Stock The number of shares of Common Stock at any time outstanding shall (A) not include any shares thereof then directly or indirectly owned or held by or for the account of the Issuer or any of its Subsidiaries, and (B) be deemed to include all shares of Common Stock then issuable upon conversion, exercise or exchange of any then outstanding Common Stock Equivalents or any other evidences of Indebtedness, shares of Capital Stock or other Securities which are or may be at any time convertible into or exchangeable for shares of Common Stock or Other Common Stock.

  • Outstanding Stock All issued and outstanding shares of capital stock and equity interests in the Company have been duly authorized and validly issued and are fully paid and non-assessable.

  • Outstanding Warrants and Options China Health has no issued warrants or options, calls, or commitments of any nature relating to the China Health Share Capital, except as previously disclosed in writing to UFOG.

  • Unvested Common Shares Issued in Settlement of Performance Share Awards If the Executive terminates employment pursuant to Sections 6(b), 6(d) or 6(e)(i) after the Performance Share Vesting Date, the vesting of all Unvested Common Shares (as defined in the Performance Share Agreement) issued in settlement of the Performance Share Award shall be accelerated in full effective as of the date of such termination.

  • Outstanding Shares On the Closing Date, Pubco will have not more than 95,366,525 common shares issued and outstanding in the capital of Pubco after giving effect to the cancellation and issuance of the Pubco Shares contemplated in this Agreement, and to the private placement agreement referenced in below article 6.13.

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