Company In the Money Option means a Company Option having an In-The-Money Amount.

Company In the Money Option means a Company Option where the aggregate fair market value, at that time, of the Company Common Shares subject to such Company Option exceeds the aggregate exercise price under the Company Option;

Examples of Company In the Money Option in a sentence

To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the applicable holder of the Company In the Money Option.
The payment of the Option Merger Consideration to a holder of a Company In the Money Option shall be reduced by any income or employment Tax withholding required under the Code or any provision of state, local or foreign tax Law and shall be subject to the escrow provisions contained herein.
At the same time the Company distributes the Notice Materials pursuant to Section 5.1(a) hereof, the Company shall provide to each holder of any Company In the Money Option an informational notice describing the treatment of Company Options pursuant to this Section 1.7. Parent shall make the cash payment required pursuant to the foregoing provisions of this Section 1.7(d)(ii) to each holder of Company In the Money Options as promptly as reasonably practicable after the Closing.
The payment of the Option Merger Consideration to a holder of a Company In the Money Option shall be reduced by any income or employment Tax withholding required under the Code or any provision of state, local or foreign tax Law.
Print Name of Target Business Authorized Signature of Target Business Trian Acquisition I Corp.

More Definitions of Company In the Money Option

Company In the Money Option means a Maverix Option where the aggregate fair market value, at that time, of the Maverix Shares subject to such Maverix Option exceeds the aggregate exercise price under the Maverix Option.

Company In the Money Option means a Company Option having an In-The-Money Amount at the Effective Time.

Company In the Money Option has the meaning set forth in Section 1.6(a).

Company In the Money Option means any Company Option (other than any performance-based Company Option, unless any such performance-based Company Option becomes vested pursuant to its terms at the Effective Time) that has an exercise price equal to or less than the Per Share Valuation Amount; provided that, with respect to any Company Option that has an exercise price of $6.50 that will take effect on December 31, 2021, the exercise price of such Company Option for purposes of this determination shall be deemed to be $6.50.

Company In the Money Option means a Company Option that, as of immediately prior to the Effective Time, has an exercise price that is less than the Company Share Implied Price.

Company In the Money Option means a Company Option having an exercise price per share less than the Per Common Share Closing Merger Consideration. “Company Options” means all options to purchase or otherwise acquire Company Common Stock (whether or not vested) held by any Person that are issued andoutstanding immediately prior to the Effective Time.