Examples of Company Share Option in a sentence
As of the date hereof, there are (i) outstanding share options issued under the Company’s Share Option Plan to purchase an aggregate of 2,367,662 Common Shares (each, a “Company Share Option”) and (ii) 1,277,339 Common Shares reserved for issuance under the Company Share Option Plan.
Other than in respect of awards outstanding under or pursuant to the Company Share Option Plan, no Common Shares are reserved for issuance.
Each Company Share Option (i) was granted in compliance with all applicable laws and all of the terms and conditions of the Company Share Option Plan.
All options are to be issued under the Company Share Option Scheme (No. 2) as adopted by the Company in general meeting on 4 May 1995.
The Option Merger Consideration paid with respect to Company Share Options in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights and privileges pertaining to the canceled Company Share Options, and on and after the Effective Time the holder of a Company Share Option shall have no further rights with respect to any Company Share Option, other than the right to receive the Option Merger Consideration as provided in Section 3.01(d).
Each Company Share Option was granted in compliance with all applicable laws and all of the terms and conditions of the Company Share Option Plans.
Notwithstanding anything herein to the contrary, there shall be no reduction in the Company Common Share Merger Consideration, the Partnership Merger Consideration, or in the amounts to be paid to holders of any Company Share Option, Restricted Share or Unit by virtue of this Section 2.9, except to the extent such holder actually receives a distribution pursuant to this Section 2.9.
At the Effective Time, each outstanding Company Share Option under the Company Option Plans or under any agreement disclosed in Section 2.3 of the Company Disclosure Letter1, whether or not vested, shall by virtue of the Transactions be assumed by the Parent.
The Company Share Option Plan (the “CSOP”), as a subplan to this Plan, is hereby attached as Appendix A to this Plan.
Promptly after the Company Merger Effective Time (but in any event within five (5) Business Days), Parent shall pay to each holder of a Company Share Option, SAR or Performance Award cancelled in accordance with this Article III the Option Merger Consideration, the SAR Merger Consideration or the Performance Award Merger Consideration, as applicable.