Employee Optionholder definition

Employee Optionholder means each Company Optionholder that is a current or former employee of the Company as set forth in the Closing Consideration Schedule.
Employee Optionholder means each Optionholder who is or was, at any time, an employee of the Company or any Subsidiary.

Examples of Employee Optionholder in a sentence

  • The employer's national insurance contributions on any increase in value of a Loudeye Share following the grant of the Exchanged Option will be met by the Employee Optionholder.

  • The amount of employer's national insurance contributions paid by the Employee Optionholder should be deductible for income tax purposes.

  • The Exercise Price and Expiry Date for the Employee Options to be issued to several key employees upon completion of the Offer, subject to shareholder approval under Listing Rule 10.14 are set out in the table below: Name #Employee Options Exercise Price Expiry Date Vesting Conditions Matthew Cain 5,000,000 $0.015 31/05/2023 None Daniel Peade 1,250,000 $0.015 31/05/2023 None Each Employee Option entitles the holder (Employee Optionholder) to subscribe for one Share on payment of the Exercise Price.

  • The Employee Options are non-transferable but the Employee may nominate a Related Party of the Employee Optionholder to hold the Options subject Board approval.

  • Any gains the Employee Optionholder makes on exercise of their Exchanged Options will be dependent upon the price of a Loudeye Share at the time of exercise.

  • Copies of the Form of Instruction in the Agreed Form duly signed by each Employee Optionholder agreeing to the cancellation of their Employee Options at Completion, together with copies of the Employee Options Cancellation Letter issued to each of them.

  • Enterprises shall cause the Company to pay such amounts to the Employee Optionholder, less any amount required to be withheld pursuant to the exercise of the underlying option or otherwise required to be withheld, to the Employee Optionholder via the Company’s payroll system no later than the next payroll of the Company.

  • Provide clarity on the size of the cohortIt was clarified that cohort 1 will contain approximately 1000 patients, with cohort 2 containing approximately 100,000 patients.

  • Payments to Optionholders under this Section 2.03 shall be made on the Closing Date (or such later date as provided in the applicable Option Surrender Agreement), (x) in the case of each Employee Optionholder, through the Surviving Corporation’s payroll system and subject to applicable Tax withholdings or (y) in the case of any Non-Employee Optionholder, through the Surviving Corporation’s payroll system but not subject to applicable Tax withholdings.

  • Accordingly, FEDC shall be entitled to an injunction or restraining order to prevent breaches of this Letter Agreement by the Employee Optionholder and to enforce specifically the terms and provisions hereof, without the requirement to post any bond or other security or to prove that money damages would be inadequate, this being in addition to any other right or remedy to which such party may be entitled under this Letter Agreement, at law or in equity.


More Definitions of Employee Optionholder

Employee Optionholder means each Optionholder that is a current or former employee of the Company. “Enterprise Value” means $120,000,000.
Employee Optionholder means each Person listed in Appendix 3.1(c)
Employee Optionholder has the meaning set forth in Section 2.7(b). “Encumbrance” and any similar term (e.g., “Encumber”) means any lien, pledge, hypothecation, charge, mortgage, security interest, encumbrance, option, right of first refusal, right of first negotiation, equitable interest, preemptive right, title retention or title reversion agreement, prior assignment, or any other encumbrance or restriction of any nature, whether accrued, absolute, contingent or otherwise (including any restriction on the transfer or licensing of any asset, any restriction on the receipt of any income derived from any asset, any restriction on the use of any asset and any restriction on the possession, exercise or transfer of any other attribute of ownership of any asset). “End Date” has the meaning set forth in Section 8.1(b). “Environmental Laws” means any applicable foreign, federal, state or local governmental laws (including common laws), statutes, ordinances, codes, regulations, rules, policies, permits, licenses, certificates, approvals, judgments, decrees, orders, directives, or requirements that pertain to the protection of the environment, protection of public health and safety, or protection of worker health and safety, or that pertain to the handling, use, manufacturing, processing, storage, treatment, transportation, discharge, release, emission, disposal, re-use, recycling, or other contact or involvement with Hazardous Materials, including CERCLA and the RCRA. “ERISA” has the meaning set forth in Section 3.22(a). “ERISA Affiliate” has the meaning set forth in Section 3.22(a). “Escrow Account” has the meaning given to it in Section 2.10(a). “Escrow Agent” means Wilmington Trust, National Association (or such other Persons as may hereafter be reasonably acceptable to Acquiror and the Company). “Escrow Agreement” means an escrow agreement in substantially the form attached hereto as Exhibit D.
Employee Optionholder means an Optionholder that is an employee or officer of the Company or any of its Subsidiaries as of: (i) the Effective Date; and (ii) December 31, 2013, unless such employee or officer was terminated without just cause following the Effective Date and prior to December 31, 2013.
Employee Optionholder means each holder of an Employee Option.
Employee Optionholder means each holder of a Company Option who is (i) a Company Employee or (ii) an advisor or consultant of the Company (including John Brownstein, Adam Lovett and Jon Kaplan).

Related to Employee Optionholder

  • Optionholder means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.

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

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

  • Optionholders means the holders of Options.

  • Company Optionholders means the holders of Company Options.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • 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.

  • 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.

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

  • Optionee means an Employee or Consultant who receives an Option.

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

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Continuous Status as an Employee or Consultant means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Status as an Employee or Consultant shall not be considered interrupted in the case of sick leave, military leave, or any other leave of absence approved by the Board; provided that such leave is for a period of not more than 90 days or reemployment upon the expiration of such leave is guaranteed by contract or statute.

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Grandfathered Stockholder has the meaning set forth in Section 1.1.

  • Awardee means the holder of an outstanding Award.

  • Continuous Status as an Employee, Director or Consultant means the employment or relationship as a Director or Consultant is not interrupted or terminated. The Board, in its sole discretion, may determine whether Continuous Status as an Employee, Director or Consultant shall be considered interrupted in the case of: (i) any leave of absence approved by the Board, including sick leave, military leave, or any other personal leave; or (ii) transfers between locations of the Company or between the Company, Affiliates or their successors.

  • Employee Participant means an Employee who holds an outstanding Award under the terms of the Plan.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Continuous Service means that the Participant’s service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no interruption or termination of the Participant’s service with the Company or an Affiliate, will not terminate a Participant’s Continuous Service; provided, however, that if the Entity for which a Participant is rendering services ceases to qualify as an Affiliate, as determined by the Board, in its sole discretion, such Participant’s Continuous Service will be considered to have terminated on the date such Entity ceases to qualify as an Affiliate. To the extent permitted by law, the Board or the chief executive officer of the Company, in that party’s sole discretion, may determine whether Continuous Service will be considered interrupted in the case of (i) any leave of absence approved by the Board or chief executive officer, including sick leave, military leave or any other personal leave, or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of absence will be treated as Continuous Service for purposes of vesting in an Award only to such extent as may be provided in the Company’s leave of absence policy, in the written terms of any leave of absence agreement or policy applicable to the Participant, or as otherwise required by law.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.