Deemed Exercise Price definition

Deemed Exercise Price means, with respect to a Management Incentive Unit, $0.00 unless a different amount is expressly set forth as such in the Award Letter granting such Management Incentive Unit.
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Deemed Exercise Price means, with respect to each Transaction Bonus Unit, the “Deemed Exercise Price” as set forth on Section 5.5(e) of the Company Disclosure Schedule.
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Deemed Exercise Price means $5.00 for all calculations performed prior to the Effective Time, but shall be adjusted to $2.50 for all calculations performed as of or after the Effective Time. All parties to this Agreement hereby agree and acknowledge that participation in the Warrant and Exercise Program is totally voluntary for each Holder of Warrants or Options and that no party hereto can compel any such holder to participate in the Warrant and Option Program.
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Examples of Deemed Exercise Price in a sentence

  • Notwithstanding the provisions of Sections 4.2(a)(ii), (iii), (iv) and (v) above, any amount that would otherwise be distributed to the holder of a Management Incentive Unit in respect of which there is a non-zero Deemed Exercise Price shall be withheld therefrom until the amount that is so withheld in respect of that Management Incentive Unit is equal to the Deemed Exercise Price of that Management Incentive Unit.

  • The Deemed Exercise Price of each such Management Incentive Unit is $0.

  • For purposes of this Agreement, the term “Spread Value” means, with respect to each Company Share underlying such Promised Option, (x) the Per Share Common Consideration, less (y) the Deemed Exercise Price of such Promised Option.

  • The Deemed Exercise Price per MIU of each MIU issued pursuant to this Award Agreement is $_____.

  • The Deemed Exercise Price of each such Management Incentive Unit was $0.

  • The number of Transaction Bonus Units to be granted, the vesting schedule applicable to such Transaction Bonus Units and the Deemed Exercise Price of such Transaction Bonus Units in respect of each Transaction Bonus Unit Recipient shall be as set forth on Section 5.5(f) of the Company Disclosure Schedule.

  • The "Deemed Exercise Price" shall mean $5.00 for all calculations performed prior to the Effective Time, but shall be adjusted to $2.50 for all calculations performed as of or after the Effective Time.

  • Any holder who elects to participate in this Warrant and Option Program shall be deemed to have (a) exercised a portion (as required to pay for the exercise of the Warrants or Options described in Section 2.9(b)) of his existing Warrants or Options, as applicable, at the Deemed Exercise Price (as defined herein), and (b) to have used the proceeds of such exercise to pay for the exercise price of the remaining Warrants or Options that he exercises under the Warrant and Option Program.


More Definitions of Deemed Exercise Price

Deemed Exercise Price has the meaning specified in Section 4.3(e).
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Related to Deemed Exercise Price

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Warrant Exercise Price means $0.05 per share.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Aggregate Exercise Price means an amount equal to the product of (a) the number of Warrant Shares in respect of which this Warrant is then being exercised pursuant to Section 3 hereof, multiplied by (b) the Exercise Price.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • SAR Price means the exercise price or conversion price of each share of Common Stock covered by a SAR, determined on the Date of Grant of the SAR.

  • Date of Exercise means the date on which the Company shall have received (i) this Warrant (or any New Warrant, as applicable), with the Form of Election to Purchase attached hereto (or attached to such New Warrant) appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares so indicated by the holder hereof to be purchased.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • SARS means the South African Revenue Service.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Adjusted Conversion Price means the lesser of the Fixed Conversion Price or the Floating Conversion Price one day prior to the record date set for the determination of stockholders entitled to receive dividends, distributions, rights or warrants as provided for in Sections 4(c)(ii), (iii) and (iv).

  • SAR means a stock appreciation right granted under the Plan.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Warrant Price as used in this Agreement shall mean the price per share at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business Days, provided, that the Company shall provide at least twenty (20) days prior written notice of such reduction to Registered Holders of the Warrants and, provided further that any such reduction shall be identical among all of the Warrants.