Examples of Exchanged Options in a sentence
In addition, no further shares or options will be issued under the Unapproved Plan (other than Loudeye Shares issuable upon exercise of Exchanged Options).
Pursuant to the accounting standards in effect under SFAS 123(R), we may be required to recognize additional compensation expense to the extent the New Options have a greater value than the Exchanged Options they replace.
Parent shall use its reasonable best efforts to effect, at or before the Effective Time, authorization for listing on Nasdaq, upon official notice of issuance, of the shares of Parent Common Stock to be issued pursuant to the Merger and the shares of Parent Common Stock to be reserved for issuance upon exercise of Exchanged Options and Exchanged Warrants.
All Replacement Options issued to U.S. employees in exchange for Exchanged Options, whether such Exchanged Options were incentive stock options or nonqualified stock options, will be nonqualified stock options and will not be eligible for favorable tax treatment applicable to incentive stock options.
The exchange ratio will depend on the exercise price of such Eligible Optionee’s Exchanged Options.