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 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 has the meaning set forth in Section 2.1 below.
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Examples of Employee Option Shares in a sentence

  • Investor shall not deduct or withhold Taxes in respect of the Option Price of the Employee Option Shares or the Redemption Option Shares, such withholding to be the sole responsibility of Parent.

  • 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").

  • An accounting shall be made by the Buyer at the end of each calendar quarter to determine the number of Cancelled Employee Option Shares as a result of employment terminations during such period and such accounting shall be delivered to the Seller within thirty days after the end of such quarter together with a calculation of the amount by which the principal amount of the Note is to be increased hereby and the Seller and Buyer shall amend the Note accordingly.

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

  • 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.

  • The redemption price for the Employee Option Shares will be paid by Company check or other acceptable form of payment.

  • In addition, the Employee Option Shares shall be subject to the Shareholders Agreement which imposes certain restrictions on transfer.


More Definitions of Employee Option Shares

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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Employee Option Shares means the shares of Common Stock subject to the Employee Options.
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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 the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • 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 one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • 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 shall have the meaning given to such term in Section 3.3(a) hereof.

  • 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 one or more Company Options;

  • Restricted Share Award means an award of Restricted Shares.

  • Company Restricted Shares Section 2.4(c)

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • 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 each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.