Common Options definition

Common Options means, collectively, the options to purchase Common Stock, if any, granted to the Executive pursuant to the Common Option Agreement.
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Common Options means all options to acquire shares of Common Stock, granted under the Company Option Plans that are outstanding immediately prior to the Effective Time.
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Common Options means, collectively, the options to purchase Class A Common granted to certain Executives pursuant to the Town Sports International, Inc. 1996 Stock Option Plan and the Common Option Agreements.
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Examples of Common Options in a sentence

  • The Common Options and the Preferred Options have been validly authorized and issued.

  • All of the Outstanding Shares are, and all shares of Capital Stock that may be issued upon exercise of Common Options will be (upon issuance in accordance with their terms), duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute or the Company’s Organizational Documents.

  • The Company shall take all actions that are necessary and appropriate to provide for such cancellation and conversion, as applicable, including, to the extent necessary, obtaining consent from the holders of Common Options.

  • The Company shall use its reasonable best efforts to obtain prior to the Closing (i) a Voting and Support Agreement executed by each Stockholder, and (ii) an Option Cancellation Agreement executed by each holder of Common Options.

  • Optionee must exercise Class A Common Options to acquire nine shares of Class A Common for every one share of Class L Common acquired through the exercise of Class L Common Options and Class L Common Options to acquire one share of Class L Common for every nine shares of Class A Common acquired through the exercise of Class A Common Options.

  • The Class B Common Options vest over two years with 50% vesting on each anniversary of the date of grant.

  • The Class A Common Options shall have an exercise price per share of $0.7044 per share of Class A Common Options (the “Class A Common Option Price”).

  • The Company shall promptly notify Nortel Networks of the grant of Company Common Options hereunder and provide Nortel Networks with reasonable details of each grant, including without limitation, name of employee, number of shares granted, exercise price and confirmation of the appropriate vesting schedule.

  • The Class L Common Options shall have an exercise price per share of $21.20 per share of Class L Common Options, (the “Class L Common Option Price”).

  • No holder of a Common Option that has an exercise price per share that is equal to or greater than the Per Share Portion of the Estimated Merger Consideration shall be entitled to any payment with respect to such Common Option before or after the Effective Time and all such Common Options shall be cancelled for no consideration.


More Definitions of Common Options

Common Options means, collectively, the options to purchase Class A Common (a) prior to the date hereof, granted to certain Executives pursuant to the Town Sports International, Inc. Fourth Amended and Restated 1996 Stock Option Plan and the Common Stock Option Agreements, by and between TSI and each of the Executives and transferred to Holdings pursuant to the Restructuring and the documents related thereto, and (b) on or after the date hereof, granted to certain Executives pursuant to the Town Sports International Holdings, Inc. 2004 Stock Option Plan and the Common Stock Option Agreements, by and between the Company and each of the Executives.
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Common Options means any option to purchase Target Common Stock pursuant to the Target Stock Plans which remain outstanding and unexercised and unexpired as of the Effective Time, excluding the Common Warrants and the New Options.
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Common Options means any outstanding rights to purchase Common Shares created by the Stock Option agreements with R. Dennis Bowers, Patrica S. Bathurst and Roger H. Folts dated June 6, 1995, April 30, 1996, and February 20, 1998.
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Related to Common Options

  • Compensation Options has the meaning ascribed in Section 8.1.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Rights or Options means warrants, options or other rights to purchase or acquire shares of Common Stock or Convertible Securities.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.