Assumed Options definition

Assumed Options shall have the meaning set forth in Section 2.03(a).

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Assumed Options has the meaning set forth in Section 3.1(c).

Assumed Options means options of VCI to be assumed by Reorganized --------------- Prism upon the Merger to purchase an aggregate of 1,685,000 shares of Reorganized Prism.

Examples of Assumed Options in a sentence

• The Purchaser shall take all corporate action necessary to reserve for future issuance, and shall maintain such reservation for so long as any of the Assumed Options remain outstanding, a sufficient number of shares of Purchaser Common Stock for delivery upon the exercise of such Assumed Option.

• The Company shall, prior to the Acceptance Time, take all action and give any notices necessary to effect the treatment of the Assumed Options contemplated by this Section 5.9(a), including ensuring that the Compensation Committee has duly approved the accelerated vesting and assumption of the Assumed Options as an Employment Compensation Arrangement.

• The Assumed Options, Assumed RSU Awards and Assumed Phantom Awards will be denominated in Aon Shares and exercisable for or settled in Aon Shares (or, in the case of Assumed Phantom Awards, to the extent determined by Aon, cash or as required by the WTW Phantom Stock Unit Awards, applicable Law or Section 4.3 (for tax liquidity)), and Aon shall take all corporate action necessary to effectuate the foregoing.

• At the Effective Date, the Continuing Corporation shall assume the EVBS Stock Plans; provided that such assumption shall only be with respect to the Assumed Options, and the Continuing Corporation shall have no obligation to make any additional grants or awards under the EVBS Stock Plans.

• To the extent necessary, Aon shall, no later than the fifteenth day following the Effective Date, file a registration statement on Form S-8 (or any successor or other appropriate form) with respect to the Aon Shares subject to such Assumed Options and Assumed RSU Awards pursuant to Section 4.1, Section 4.2 and this Section 4.4.

More Definitions of Assumed Options

Assumed Options means the New Company Options described in Section 6.11(a) that are assumed pursuant to the terms of this Agreement.

Assumed Options means the Company Stock Options granted under the Company Stock Option Plans and identified on Schedule I hereto.

Assumed Options means options that were granted under the Plan pursuant to the Company’s assumption of the Amended and Restated PH Group Holdings Corp. 2014 Stock Option Plan and outstanding options thereunder on August 11, 2016.

Assumed Options shall have the meaning set forth in Section 5.1(b) hereof.

Assumed Options means those Options or portions there --------------- of as identified on Schedule 2.4(a) granted under the Company's 1990 Stock Option Plan or 1994 Incentive Stock Option, Nonqualified Stock Option and Restricted Stock Purchase Plan that will not have vested and become exercisable as of the Effective Time as identified on Section 2.4(a) of the Company Disclosure Schedule having an aggregate exercise price on the date hereof in an amount not materially less than $5 million. To the extent any Options or portions thereof, as identified on Schedule 2.4(a), cannot be assumed by Parent, such Options or portions thereof shall be treated as Cash-Out Options and shall be cancelled as of the Effective Time in consideration for a cash payment in accordance with Section 2.4(b).

Assumed Options. Section 2.4(a)(ii)

Assumed Options means all options to acquire Company Common Stock granted under the 2007 Stock Plan outstanding immediately prior to the Effective Time.