Examples of Company Options in a sentence
This Agreement shall apply to Stockholder solely in Stockholder’s capacity as a stockholder of the Company and/or holder of Company Options and not in Stockholder’s capacity as a director, officer or employee of the Company or any of its Subsidiaries or in Stockholder’s capacity as a trustee or fiduciary of any employee benefit plan or trust.
As of the Effective Time, the Board of Directors of Parent shall take whatever steps are necessary to cause the Parent to assume the Company Options and Company Restricted Stock outstanding.
After such assumption, (i) __________________ shares of Parent Common Stock will be issuable upon the exercise of Parent Options converted from assumed Company Options, and (ii) __________________ shares of Parent Common Stock will be outstanding under Parent Restricted Stock converted from assumed Company Restricted Stock.
Other than the Company Options and Company Warrants listed in Section 2.2 of the Company Disclosure Schedule, there are no outstanding or authorized options, warrants, phantom stock or similar rights, securities, rights, agreements or commitments to which the Company is a party or which are binding upon the Company providing for the issuance or redemption of any Company Shares or pursuant to which any outstanding Company Share is subject to vesting.
As of the date of this Agreement and as of immediately prior to the Effective Time, there are and will be no outstanding Company Options.