Employee Option Shares definition

Employee Option Shares means shares of Common Stock into which Employee Options are exercisable.
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Employee Option Shares means any Ordinary Shares that an Employee holds as result of exercising option(s) under any Share Option Plan(s);
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Employee Option Shares means shares of Common Stock into which Employee Options are exerciseable.
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Examples of Employee Option Shares in a sentence

  • If applicable, Parent and the Company shall, pursuant to any exercise of the Option by Investor, procure the sale of the Employee Option Shares by the Option Employees in accordance with the provisions set forth in this Article III.

  • Any ungranted Options resulting from such decrease shall be granted to key employees as Employee Option Shares at such times in such amounts and on such terms and conditions as determined by the Committee, in accordance with the terms of the Key Employee Plan.

  • The Employment Agreements shall provide that HII shall grant to Xxxxxx (or his family interests) the right to purchase 1,000,000 shares of Stock (the "Xxxxxx Option Shares") and shall grant to Marks (or his family interests) the right to purchase 1,000,000 shares of Stock (the "Marks Option Shares") (collectively, the Xxxxxx Option Shares and the Marks Option Shares are collectively called the "Employee Option Shares"; the right to purchase the Employee Option Shares is called the "Employee Options").

  • The Company covenants and agrees that 562,962 shares of the Common Stock of the Company (the "Transferred Employee Option Shares") initially shall be held in the Company's treasury and available for issuance solely to Transferred Employees (as that term is defined in the Purchase Agreement) under the CCCI Holdings, Inc.

  • If Employee's employment is terminated by death or disability of Employee, Option Shares an all Option Shares under the Prior Options which have become exercisable will expire to the extent not exercised by Employee or his authorized representative (in the event of disability) or the executor or appropriate representative of Employee's estate (in the event of death) within one (1) year from the date of such death or disability.

  • Registrable Securities" means the Shares, Purchaser Option Shares and Employee Option Shares.

  • Employees acknowledge that the Employees may be deemed affiliates of HII and the Employee Option Shares may be deemed "restricted securities" subject to the resale restrictions of the Act and Rule 144 promulgated thereunder, unless such Shares are registered in accordance with Article 5 hereof.

  • Subject to adjustment as provided in Article 9, the maximum number of Shares that may be issued under the Plan pursuant to Option grants to Eligible Individuals other than Non-Employee Directors is 6,000,000 Shares (the "Employee Option Shares"), and the maximum number of Shares that may be issued under the Plan pursuant to Option grants to Eligible Individuals who are Non-Employee Directors is 245,000 Shares (the "Director Option Shares").

  • Upon the earlier of (i) immediately prior to the occurrence of an Extraordinary Transaction (as defined in the Company's Amended and Restated Certificate of Incorporation as of the date of this Agreement); and (ii) expiration or termination of the Incentive Plan, any Transferred Employee Option Shares not issued and outstanding shall be issued to Xxxxxx X.

  • Any issue of Shares or share equivalents to employees, directors, advisors, consultants, and officers of the Company or the Subsidiaries under the Employee Option Shares after the C-2 Closing pursuant to stock option plans or restricted stock plans or other compensatory equity incentive plans approved by the Board, shall be subject to such vesting and restrictive provisions as approved by the Board.


More Definitions of Employee Option Shares

Employee Option Shares has the meaning set forth in Section 2.1 below.
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Employee Option Shares means both shares of Common Stock into which Employee Options are exercisable and shares of Common Stock issued under the Company's currently effective employee stock purchase plan.
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Employee Option Shares means shares of Common Stock into which Employee Options are exercisable or into which Common Stock Equivalents issuable upon exercise of Employee Options are exercisable.
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Related to Employee Option Shares

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

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

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • 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 Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Company Optionholder means a holder of Company Options.

  • Restricted Share Award means an award of Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(a).

  • Company Restricted Shares means all shares of Company Common Stock subject to vesting restrictions and/or forfeiture back to the Company, whether granted under a Company Stock Plan or otherwise.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Company Restricted Stock Award means an award granted under a Company Equity Plan that grants the holder a share of Company Common Stock subject to the terms and conditions of the applicable award agreement and the applicable Company Equity Plan.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.