Employee Option Consideration definition

Employee Option Consideration means consideration payable in respect of Options granted to any holder who was an employee of the Company or any of its Subsidiaries for applicable employment tax purposes at the time the Option was granted. For the avoidance of doubt, such consideration shall be Employee Option Consideration even if the holder ceased to be an employee for employment tax purposes prior to the vesting of such Option (including by reason of becoming a “partner” for U.S. federal income tax purposes).
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Employee Option Consideration has the meaning set forth in Section 2.3(b).
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Employee Option Consideration means the aggregate amount of In-the-Money Option Payments to be made to current or former employees of the Company in accordance with Section 2.03.
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Examples of Employee Option Consideration in a sentence

  • Nothing in this clause8.3 prevents Havilah from making an offer to acquire all of the Employee Options during the Offer Period, provided that any offer made by Havilah to acquire the Employee Options must be for the Employee Option Consideration and the acquisition of the Employee Options must be completed by the date that is 1 month after the end of the Offer Period.

  • Subject to clause8.3(b), Havilah must before the end of the Offer Period seek each Employee Optionholder’s consent for the cancellation of the Employee Options held by it for the Employee Option Consideration subject only to all conditions of the Takeover Bid being satisfied or waived by the end of the Offer Period.

Related to Employee Option Consideration

  • Option Consideration has the meaning set forth in Section 3.3(a).

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

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Aggregate Stock Consideration means a number of shares of Acquiror Common Stock equal to the quotient obtained by dividing (i) (x) the Base Purchase Price less (y) the Aggregate Cash Consideration, by (ii) $10.00.

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

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • 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 Option means an option to purchase shares of Company Common Stock.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Non-Cash Consideration means consideration in a form other than cash.

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;