Examples of Acquiror Stock Option in a sentence
As of the close of business on March 31, 1997, Acquiror has reserved 8,829,450 shares of Common Stock for issuance to employees, directors and independent contractors pursuant to the Acquiror Stock Option Plans, net of exercises, cancellations, repurchases and expiration of options of which, as of the close of business on March 31, 1997, 8,417,436 shares were subject to outstanding, unexercised options and 412,014 shares remained available for future grant.
Since the close of business on March 31, 1997, no shares of Acquiror capital stock have been issued except pursuant to the exercise of options outstanding as of March 31, 1997 under the Acquiror Stock Option Plans (as defined below).
True and complete copies of all Acquiror Stock Option Plans and forms of stock option agreements thereunder have been made available to Target and such Acquiror Stock Option Plans and agreements have not been amended, modified or supplemented, and there are no agreements to amend, modify or supplement such Acquiror Stock Option Plans and agreements in any case from the form publicly filed by Acquiror on or prior to February 8, 2001.
Schedule 5.3 sets forth a complete and correct list, as of November 24, 1999, of the number of shares of Acquiror Common Stock subject to employee stock options or other rights to purchase or receive Acquiror Common Stock granted under the Acquiror Stock Option Plans, the dates of grant and exercise prices thereof.
As of the date hereof, there are no other outstanding shares of capital stock or voting securities of Acquiror other than shares of Acquiror Common Stock issued after January 24, 1997 upon the exercise of options issued under the Acquiror Amended and Restated 1988 Stock Option Plan (the "Acquiror Stock Option Plan").
The Acquiror Stock Option Plan shall not be terminated at the Effective Time and outstanding Acquiror Stock Options at the Effective Time shall continue in effect.
There are no other outstanding shares of capital stock or voting securities of Acquiror and no outstanding commitments to issue any shares of capital stock or voting securities after the date of this Agreement other than pursuant to the exercise of options issued under the 1999 Stock Incentive Plan (the "Acquiror Stock Option Plan"), Acquiror's Employee Stock Purchase Plan and options granted outside the Acquiror Stock Option Plan.
As of April 2, 1998, (i) 107,319,277 shares of Acquiror Common Stock were issued and outstanding; (ii) 4,072,145 shares of Acquiror Common Stock were issuable upon exercise of employee and non-employee stock options (the "Acquiror Stock Options") outstanding under all stock option plans of Acquiror (the "Acquiror Stock Option Plans"); and (iii) 3,754,635 shares of Acquiror Preferred Stock were issued and outstanding.
At Closing the Company Stock Options will be cancelled and replaced by options granted under the proposed Acquiror Stock Option Plan.
Acquiror has made available to Company accurate and complete copies of all stock option plans pursuant to which Acquiror has granted Acquiror Stock Options that are currently outstanding and the form of all stock option agreements evidencing such Acquiror Stock Options, including the number of Acquiror Common Shares subject to each Acquiror Stock Option, the relative exercise prices of such Acquiror Stock Options.