Examples of Employee Equity Awards in a sentence
In the event of such a termination, the Employee Equity Awards shall be treated as provided in the relevant award documentation applicable to such a termination.
The Company shall vest and settle Company Subsidiary Employee Equity Awards in accordance with the terms of the applicable Company Subsidiary Employee Equity Plan as of the date hereof no later than immediately prior to the Effective Time.
Subject to Board approval, and upon the Supplemental Release Effective Date, as defined in the Supplemental Release attached hereto as Exhibit A, the Company will extend the exercise period of Your Employee Equity Awards through June 30, 2023.
Except as provided for herein, You acknowledge that Your exercise of any Employee Equity Awards shall continue to be governed by the terms and conditions of the Stock Agreements.
The Company shall have the option to repurchase, at cost, any and all Common Stock still subject to the Company’s repurchase rights as well as any portion of unvested shares held by any and all holders of Employee Equity Awards in the event that such holder’s service relationship with the Company is terminated for any reason, unless otherwise specified in an applicable employment or consulting agreement.
The Purchaser and the Corporation shall, to the extent required for U.S. federal and applicable state and local income Tax purposes, report imputed interest on the CVRs (other than CVRs received in respect of Employee Equity Awards and Non-Employee Awards) pursuant to Section 483 of the Code.
On the Post-Closing Stock Consideration Issuance Date, the Buyer shalldeliver the Post-Closing Company Equityholder Consideration, in shares of Buyer Common Stock issued in book entry, to the Exchange and Paying Agent for distribution, in accordance with the Closing Date Allocation Schedule, to the Company Equityholders (excluding the portion payable in respect of Company Employee Equity Awards) pursuant to Section 2.2(b).
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Subject to Board approval, and upon the Supplemental Release Effective Date, as defined in the Supplemental Release attached hereto as Exhibit A , You will be entitled to Fifty Percent (50%) fully accelerated vesting with respect to the number of shares subject to Your outstanding, unvested time-based Employee Equity Awards as of April 30, 2022, in accordance with the terms and conditions of the Company’s Stock Agreements.
Seller shall make all payments due pursuant to this Section 5.6(b) within 15 days after the Closing Date and shall take all actions that may be necessary under its stock-based compensation plans and other legal requirements to effectuate the acceleration, termination and settlement of Employee Equity Awards pursuant to this Section 5.6(b).