Company Unvested Option definition

Company Unvested Option means each Company Option outstanding as of immediately prior to the Effective Time that is not a Vested Company Option.
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Company Unvested Option means each Company Option (or portion thereof) that is not a Company Vested Option.
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Company Unvested Option means all Company Options that are unvested as of immediately prior to the Effective Time.
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Examples of Company Unvested Option in a sentence

  • The representations and warranties made in Articles IV and V shall not survive beyond the Closing Date.

  • At the Effective Time, each Company Unvested Option held by a Continuing Employee that is unexpired, unexercised and outstanding immediately prior to the Effective Time (including the New Company Options), shall, on the terms and subject to the conditions set forth in this Agreement, be assumed by Acquirer.

  • Schedule 2.9 contains a list of all Company Unvested Options and the number of shares of Buyer’s common stock subject to the Substitute Option that will be substituted for each such Company Unvested Option and the exercise price per share of Buyer common stock of such Substitute Option.

  • All rights with respect to Company Common Stock under Company Out-Of-The-Money-Options and Company Unvested Option s assumed by Parent shall thereupon be converted into options to purchase Parent Common Stock.

  • The cancellation of a Company Vested In-The-Money Option or Company Unvested Option as provided above shall be deemed a release of any and all rights the holder thereof had or may have had in respect of such Company Vested In-The-Money Option or Company Unvested Option.

  • Each Assumed Option shall continue to be subject to the same vesting schedule following the Effective Time as to which it was subject prior to the Effective Time and shall also have the same terms and conditions set forth in the applicable Company Unvested Option (including any applicable award agreement or other documents evidencing such security).

  • At the Effective Time, each Company Unvested Option shall not be assumed and will, by virtue of the First Merger and pursuant to this agreement and Section 11(c) of the Stock Option Plan, and without any further action on the part of Acquiror, Merger Subs, Company or the holder thereof, be cancelled for no consideration.

  • At the Effective Time, each Company Unvested Option held by a Continuing Employee that is unexpired, unexercised and outstanding immediately prior to the Effective Time (including the Company Options for which acceleration is being waived and the New Company Options), shall, on the terms and subject to the conditions set forth in this Agreement, be assumed by Acquirer (as “Assumed Option”).

  • Each Company Unvested Option (or portion thereof) that is outstanding and remains unaccelerated and unvested as of immediately prior to the Effective Time, if any, will be cancelled and extinguished and no consideration will be delivered in exchange therefor.

  • Parent shall, effective as of the Effective Time, and by virtue of the Merger and without any action on the part of the holders thereof, either (A) assume each Company Unvested Option in accordance with terms set forth below in Section 1.6(c)(ii) or (B) cause any or all of such Company Unvested Options to terminate and cease to be outstanding in accordance with terms set forth below in Section 1.6(c)(iii).


More Definitions of Company Unvested Option

Company Unvested Option means an option to purchase Company Class A Units that, as of the Effective Time, is not vested under the terms of any Contract with Company.
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Company Unvested Option means an option to purchase Company Common Stock that, as of the Effective Time, is not vested under the terms of any Contract with Company or otherwise, after giving effect to any waiver of acceleration agreed to by the holder of such option.
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Company Unvested Option means any Company Option that is outstanding as of immediately before the Closing and that is not a Company Vested Option
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Company Unvested Option means each Company Option which is not a Company Vested Option.
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Related to Company Unvested Option

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

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

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

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

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

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

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

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

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

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • Optioned Stock means the Common Stock subject to an Option.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Company Optionholders means the holders of Company Options.

  • Director Option means an Option granted pursuant to Section 6.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.