Early Exercise definition

Early Exercise means the exercise of a Stock Option prior to vesting in accordance with the applicable provisions of this Plan and the Award agreement evidencing the Stock Option. “Repurchase Rights” means the right the Company may have pursuant to this Plan or an Award agreement to repurchase unvested shares of Common Stock that the applicable Participant may have received through Early Exercise of a Stock Option or through an Award of Restricted Stock at the same price that such Participant paid (if any).An Award agreement covering a Non-Qualified Stock Option may (in the Committee’s sole discretion) permit the Early Exercise of all or a portion of such Stock Option prior to the vesting of such Stock Option, but only prior to an Initial Public Offering. Shares purchased through the Early Exercise of such Option will be restricted and will be subject to the same vesting schedule as set forth in the Stock Option, and will also be subject to any repurchase rights if provided in the Award agreement.
Sample 1Sample 2Sample 3
Early Exercise. If it is indicated in Section 2 that “early exercise” of your Option is permitted, then you may elect, at any time that is both during the period of your full- or part-time employment or service with the Company or any of its Related Entities that employ you, as the case may be, and during the term of your Option, to exercise all or part of your Option, including the unvested portion of your Option; provided, however, that (i) a partial exercise of your Option shall be deemed to first cover vested Shares and then cover the earliest vesting installment of unvested Shares, (ii) any Shares so purchased from installments that have not vested as of the date of exercise shall be subject to the repurchase option in favor of the Company as described in the Company’s form of Early Exercise Stock Purchase Agreement, a copy of which will be provided to you at the time you elect to “early exercise” your Option, and (iii) you shall enter into the Company’s form of Early Exercise Stock Purchase Agreement with a vesting schedule that will result in the same vesting as if no early exercise had occurred.
Sample 1Sample 2Sample 3
Early Exercise shall have the meaning ascribed to such term in Section 1 below.
Sample 1Sample 2

Examples of Early Exercise in a sentence

  • General Instrument Condition 9(b) is applicable.50.Exercise Period:Not Applicable.51.Specified Exercise Dates:Not Applicable.52.Expiration Date:If: (i) an Automatic Early Exercise Event does not occur on any Applicable Date, the Latest Reference Date in respect of the Final Reference Date; or (ii) an Automatic Early Exercise Event occurs on any Applicable Date, the Latest Reference Date in respect of such Applicable Date.

  • Stock market taxFor non-institutional share classes*: SubscriptionRedemptionSwitching between sub-fundsStock market tax-CAP (capitalisation shares):At maturity and on the Early Exercise Date (if applicable):0%Else: 1.32% (max.

  • The Administrator may, in its discretion, designate any Option as an Early Exercise Option which, by express provision in the applicable Award Agreement, may be exercised prior to the date such Option has vested.

  • The Latest Reference Date in respect of the Applicable Date corresponding to such Scheduled Automatic Early Exercise Date.

  • Adjustment": − Relevant Automatic Early Exercise Determination Date: The Latest Reference Date in respect of the Applicable Date corresponding to such Scheduled Automatic Early Exercise Date.

  • The Administrator may, in its discretion, designate any Option as an Early Exercise Option pursuant to Section 5.9.

  • Automatic Early Exercise (General Instrument Condition 15):Applicable.

  • Second Automatic Early Exercise Date Specific Adjustment: Not Applicable.

  • In the case of Early Exercise ((3)), all Payment Dates which fall after Early Exercise are inapplicable.

  • Notwithstanding anything to the contrary in this Confirmation, the receipt by Dealer from Counterparty, within the applicable time period set forth under “Notice of Exercise” above, of any Notice of Exercise in respect of Capped Note Hedging Units that relate to Early Exercise Convertible Notes shall constitute an Additional Termination Event as provided in this paragraph.


More Definitions of Early Exercise

Early Exercise shall have the meaning ascribed to such term in the Warrant Issuance Agreement.
Sample 1Sample 2
Early Exercise. |_| If this box is checked, the Participant may exercise this Option before vesting occurs, in accordance with Section 6(i) of the Plan.
Sample 1
Early Exercise means the first exercise of this Warrant within any 20 consecutive Trading Day period that occurs on an Replacement Warrant Exercise Eligibility Date.
Sample 1
Early Exercise means the exercise of the Warrant following receipt of an Early Change of Control Notice.
Sample 1
Early Exercise has the meaning given to it in Section 5.2.
Sample 1
Early Exercise of your Option is permitted) and subject to the provisions of your Option, you may elect at any time that is both (i) during the period of your continuous service as an employee or consultant and (ii) during the term of your Option, to exercise all or part of your Option, including the unvested portion of your Option; provided, however, that:
Sample 1

Related to Early Exercise

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares during the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. 60 months 0.261 0.281 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise shall be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

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

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

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

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

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

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

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

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

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

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

  • Put Right has the meaning set forth in Section 8.05(a).

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • Exercise Event shall have the meaning ascribed to such term in Section 2(c).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • option-based award means an award under an equity incentive plan of options, including, for greater certainty, share options, share appreciation rights, and similar instruments that have option-like features;

  • Exercise Time means 5.00 p.m. (local time in Frankfurt am Main, Germany);

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Option Exercise Period has the meaning set forth in Section 6.4.

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

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.