Examples of Aggregate Option Consideration in a sentence
Not later than the second regular payroll date of the Company following the Closing Date, the Company shall distribute an amount equal to the Aggregate Option Consideration less required withholding Taxes to the holders of Company Stock Options.
On the Closing Date, the Buyer shall deliver to the Escrow Agent a wire transfer in the amount of the Original Escrow Deposit, which amount shall be deemed withheld from the Transaction Consideration and the Aggregate Option Consideration and shall be deposited with the Escrow Agent for the purpose of securing the indemnification obligations of the Sellers set forth in this Agreement and satisfying the adjustments to the Base Purchase Price set forth in Sections 1.10 and 1.11 hereof.
Director Optionholder Class ResApp Options Option Consideration for each Class Aggregate Option Consideration Dr Anthony KeatingRAPOPT12 – MD Options975,000$85,520 $90,821RAPOPT7 – DIR Options500,000$5,301Dr Roger AstonRAPOPT7 – DIR Options500,000$5,301$5,301Mr Christopher Ntoumenopoulos RAPOPT7 – DIR Options 500,000 $5,301 $5,301Dr Michael SteinRAPOPT9 - EMP Options500,000$37,703$37,703 See Section 10.19 for further details regarding the treatment of ResApp Options in connection with the Scheme.
The parties agree to report consistently, for all income Tax purposes, the portion of the Aggregate Option Consideration paid by or on behalf of the Company pursuant to Section 2.7(d)(i) as a compensation expense of the Company on the income Tax Return of the Company for the period ending on the Closing Date.