Employee Company Option definition

Employee Company Option means any Company Option granted to the Company Option Holder in the holder’s capacity as, or that had vesting tied to the holder’s performance of services as, an employee of the Company (or a Subsidiary or other Affiliate of the Company) for applicable employment Tax purposes.
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Employee Company Option means a Company Option granted to an individual in his or her capacity as an employee or director of the Company or any of its Subsidiaries that is not a Director Company Option.
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Employee Company Option means a Company Option granted to an individual in his or her capacity as an employee or director of the Company or any of its Subsidiaries that is not a Director Company Option;
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Examples of Employee Company Option in a sentence

  • Each Share, Employee Company Option, Employee Company RSU, vested Non-Employee Option, vested Non-Employee RSU, Director Company Option and Director Company RSU, in each case that is outstanding as of immediately prior to the Effective Time, shall be dealt with as provided in the Plan of Arrangement.

  • Each Share, Employee Company Option, Employee Company RSU, Non-Employee Option, Non-Employee RSU, Director Company Option and Director Company RSU, in each case that is outstanding as of immediately prior to the Effective Time, shall be dealt with as provided in the Plan of Arrangement.

  • A holder of an Employee Company Option that is an Unvested Company Option or an unvested Promised Option who does not continue in service with a Parent Entity immediately following the Effective Time will not receive any Unvested Employee Option Cash Consideration or Promised Option Cash Consideration and such Unvested Company Option and unvested Promised Option shall be cancelled and terminated for no consideration as of the Effective Time.

  • After full satisfaction of the Closing Cash Shortfall in accordance with the prior sentence, Buyer shall release the remaining Holdback Closing Cash, if any, to the Paying Agent for further distribution to the Shareholders and Non-Employee Company Option Holders based on their respective Holdback Closing Cash Pro-Rata Portions and to the Surviving Corporation for further distribution to the Employee Company Option Holders based on their respective Holdback Closing Cash Pro-Rata Portions.

  • The payment of the Vested Company Option Cash Out Amount to any holder of Vested Company Options shall be paid at such time(s) provided in this Agreement to the Surviving Corporation for further payment to the holders of Employee Company Options through the Surviving Corporation’s payroll processing system net of applicable Tax withholding and deductions, and in respect of Non-Employee Company Options, shall be paid to the Payment Agent for further payment to the Non- Employee Company Option Holders.

  • It is the intention of the parties that each Former Employee Company Option so assumed by Parent shall qualify following the Effective Time as an incentive stock option as defined in Section 422 of the Code to the extent permitted under Section 422 of the Code and to the extent such Former Employee Company Option qualified as an incentive stock option prior to the Effective Time and the provisions of this Section 2.2(a) shall be applied consistent with that intent.

  • Within 30 Business Days after the Effective Time, Parent will issue to each person who, immediately prior to the Effective Time, was a holder of a Former Employee Company Option, a document evidencing the foregoing assumption of such option by Parent.

  • The terms of each Unvested Employee Company Option shall, in accordance with its terms, be subject to further adjustment as appropriate to reflect any stock split, stock dividend, recapitalization or other similar transaction with respect to Parent Common Stock after the Effective Time.

  • Within 30 Business days after the Effective Time, Parent will issue to each person who, immediately prior to the Effective Time, was a holder of a Current Employee Company Option, a document evidencing the issuance of such Parent Restricted Shares by Parent.

  • The per share exercise price for the shares of Parent Common Stock issuable upon exercise of such assumed Former Employee Company Option shall be equal to the exercise price per share of such Former Employee Company Option in effect immediately prior to the Effective Time divided by the Common Exchange Ratio (rounded up to the nearest whole cent).

Related to Employee Company Option

  • 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.

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

  • 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).

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

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

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

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

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

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

  • Company Optionholders means the holders of Company Options.

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

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • 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.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

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

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

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

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.