Company Vested Option definition
Company Vested Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time.
Company Vested Option means the portion of a Company Option that has vested as of immediately prior to the Closing.
Company Vested Option shall have the meaning set forth in Section 3.7(a) of this Agreement.
Examples of Company Vested Option in a sentence
For the avoidance of doubt, if the aggregate exercise price with respect to a Company Vested Option is greater than the Cash Equivalent Consideration, such Company Vested Option shall terminate and be canceled as of the Closing without any consideration therefor.
More Definitions of Company Vested Option
Company Vested Option means each Company Option (or portion thereof) that is vested (and has not been exercised) immediately prior to the Effective Time.
Company Vested Option means that portion of a Company Option that, as of the Closings, is vested under the terms of the Company Option Plan or otherwise, after giving effect to any acceleration thereof. For the avoidance of doubt, Exercised Company Options shall not be Company Vested Options.
Company Vested Option shall have the meaning set forth in Section 3.5(a)(i).
Company Vested Option means each Company Option that is vested and outstanding by its terms immediately prior to the Effective Time (including those that are or become vested by their terms at the Effective Time as a result of the passage of time or transactions contemplated by this Agreement). Company Vested Option shall not include in any event any Company Option vesting solely pursuant to the Parent's election described in Section 1.7(iii) above.
Company Vested Option means the stock options of the Company that will vest upon a change of control of the Company.