Exercise Price Amount definition

Exercise Price Amount means an amount equal to $3,990,822 less an amount equal to the aggregate exercise prices of all Company Options and Company Warrants that are exercised on a cashless basis (i.e. where the Company issued the Securityholder shares of Company Common Stock representing the number shares as to which the Company Option or Company Warrant was exercised, less the number of shares of Company Common Stock as then had, in the aggregate, a fair market value, as determined by the board of directors of Company, equal to the aggregate exercise price) from the date of this Agreement through, but not including, the Effective Time. For the avoidance of doubt, if any Company Options or Company Warrants are exercised after the date of this Agreement but before the Effective Time by the payment of the cash exercise price thereof, no adjustment for the cash exercise price will be made to the Exercise Price Amount (i.e., the Exercise Price Amount will not be reduced).
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Exercise Price Amount means (i) with respect to each Company Vested Option, the product of (a) the price per share of Company Common Stock at which the holder of such Company Vested Option may purchase shares of Company Common Stock upon exercise of such Company Vested Option multiplied by (b) the corresponding number of shares of Company Common Stock issuable upon exercise of such Company Vested Options, and (ii) with respect to each Company Warrant, the product of (a) the price per share of Company Common Stock at which the holder of such Company Warrant may purchase shares of Company Common Stock upon exercise of such Company Warrant multiplied by (b) the corresponding number of shares of Company Common Stock issuable upon exercise of such Company Warrant.
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Exercise Price Amount means the aggregate cash exercise price payable upon the exercise of all Company Options and Company Warrants exercisable solely for shares of Company Common Stock that are outstanding as of immediately prior to the Effective Time.
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Examples of Exercise Price Amount in a sentence

  • The Company shall have deposited with the Exchange Agent the Exercise Price Amount in accordance with Section 3.3(b).

  • Prior to or at the Closing, the Company shall use the full amount of the Excess Cash Amount and any portion of the Exercise Price Amount that has not been deposited by the Company with the Exchange Agent pursuant to Section 3.3(b) to pay the Closing Expense Amount.

  • Prior to or at the Closing, the Company shall use up to the full amount of the Excess Cash Amount and any portion of the Exercise Price Amount that has not been deposited by the Company with the Exchange Agent pursuant to Section 3.3(b) to pay the Closing Expense Amount.

  • During the three months ended December 31, 2014, the Company issued the following options to purchase the Company’s common stock to consultants, directors, officers and employees of the Company: Recipient Date Exercise Price Amount Stevan Amstrong 11 /21/14 0.275 50,000 David Cross 10 /8/14 0.21 250,000 Kevin King 10 /8/14 0.21 100,000 J.

  • Merger Cash payable to the holder of any XLI Warrant, other than a Private Warrant, shall be paid by the Exchange Agent to the holder of such XLI Warrant from the Exercise Price Amount delivered by the holder of such XLI Warrant to the Exchange Agent pursuant to this Section 4.

Related to Exercise Price Amount

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Exercise Price Per Share hereinafter “Exercise Price” means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Warrant Exercise Price means $0.05 per share.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Aggregate Exercise Price means an amount equal to the product of (a) the number of Warrant Shares in respect of which this Warrant is then being exercised pursuant to Section 3 hereof, multiplied by (b) the Exercise Price.

  • Exercise Amount has the meaning set forth in Section 2(a).

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Merger price per share means, in the case of a merger, consolidation, sale, exchange or other disposition of assets that results in a Change of Control or going private transaction (a “Merger”), the greater of (i) the fixed or formula price for the acquisition of shares of common stock occurring pursuant to the Merger, and (ii) the highest fair market value per share of common stock during the ninety-day period ending on the date of such Change of Control or going private transaction. Any securities or property which are part or all of the consideration paid for shares of common stock pursuant to the Merger shall be valued in determining the merger price per share at the higher of (A) the valuation placed on such securities or property by the Company, person or other entity which is a party with the Company to the Merger, or (B) the valuation placed on such securities or property by the Committee.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • Base Price means the price to be used as the basis for determining the Spread upon the exercise of an Appreciation Right.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.