Converted Company Option definition

Converted Company Option has the meaning set forth in Section 3.1(b).
Sample 1
Converted Company Option has the meaning ascribed thereto in Section 2.3(2)(d)(ii);
Sample 1
Converted Company Option has the meaning set forth in Section 2.11(a).
Sample 1

Examples of Converted Company Option in a sentence

  • As of the conversion pursuant to this Section 1.8(a), each Converted Company Option shall be subject to the same terms and conditions (including vesting and exercisability terms) applicable to the corresponding Company Option immediately prior to the Effective Time except as otherwise provided in this Section 1.8(a), or for administrative changes that are not adverse to the holder of such Company Option or to which the holder consents in writing.

  • It is intended that the provisions of subsection 7(1.4) of the Tax Act apply to the exchange of a Company Option for a Converted Company Option.

  • Subject to the terms of the Company Options and the documents governing such Company Option, the Merger will not terminate or accelerate any Converted Company Option or any right of exercise, vesting or repurchase relating thereto with respect to Parent Common acquired upon exercise of such Converted Company Option.

  • The Parent Options shall be granted under Parent’s 2014 Incentive Award Plan and, from and after the Effective Time, shall be administered in accordance therewith, except that such options shall continue to vest on the vesting schedule applicable to each such Converted Company Option as of immediately prior to the Effective Time.

  • All rounding described in this Section 1.7(a) shall be done on an aggregate basis such that a single rounding of shares and exercise price shall be applied to each Converted Company Option.

  • The aggregate number of shares of Parent Common Stock and Unvested Contingent Parent Common Stock shall be rounded down to the next lowest whole number of shares, with the reduction to be reflected in the number of shares of Parent Common Stock issuable upon exercise of the Unvested Converted Company Option.

  • The number of shares of Purchaser Common and the per share exercise price of each Converted Company Option is set forth on Schedule II hereto.

  • Notwithstanding the foregoing, the per-share exercise price and the number of shares of common stock of the Surviving Corporation purchasable pursuant to each Converted Company Option shall be determined in a manner consistent with the requirements of Section 409A of the Code.

  • All rounding described in this Section 1.7(a) shall be done on an aggregate basis for each Converted Company Option, such that a single rounding of shares and exercise price shall be applied to each Converted Company Option.

  • Consistent with the terms of the Company Options and the documents governing such Company Option, the Merger will not terminate or accelerate any Converted Company Option or any right of exercise, vesting or repurchase relating thereto with respect to Meadowbrook Common acquired upon exercise of such Converted Company Option.

Related to Converted 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.

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

  • 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 Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Company Option Plans means the Company 1994 Incentive Stock Plan, the Company 1995 Outside Director’s Stock Option Plan and the Company 2004 Incentive Stock Plan.

  • 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).

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

  • Company RSU means each restricted stock unit award relating to shares of Company Common Stock granted under any Company Equity Plan that is outstanding immediately prior to the Effective Time and subject solely to service-based vesting requirements.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

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

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • 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 Stock Plans has the meaning set forth in Section 3.02(b).

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • 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.

  • Employee Option means an Option granted pursuant to Section 5.

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

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Company Optionholder means a holder of one or more Company Options;

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Company Optionholders means the holders of Company Options.