Existing Stock Options means all contractual rights of any Person prior to the Effective Date to purchase or acquire any Equity Interests in the Debtor.

Existing Stock Options. As a condition of signing this agreement, all currently granted options that are not otherwise non-forfeitable will become non-forfeitable through the end of their original term; with the Company waiving the three-month/ 1 year termination forfeiture clauses. Change-in-Control: In the event that there is a change-in-control prior to December 31, 2006 I will receive (1) severance pay equal to three times my (i) base salary (for purposes of this section, base salary equals the greater of the current base salary or $175,000) and (ii) pro-rata share of annual bonus; (2) an option grant of 50,000 options; at market price on date of termination; 10-year term; fully-vested and non-forfeitable.

Existing Stock Options means all contractual rights, existing on the Effective Date, of any Person to purchase or acquire any common stock or other Equity Interests in MRI.

Examples of Existing Stock Options in a sentence

In consideration of the grant of awards hereunder, all Existing Stock Options granted by the Company to the Grantee under the Existing Agreements are hereby canceled and terminated and shall be null and void without any further action by the Grantee or the Company.
Section 4.02(a) of the Disclosure Letter contains a true, accurate and complete list, as of the date hereof, of the name of each Existing Stock Option holder, the number of outstanding Existing Stock Options held by such holder, the grant date of each such Existing Stock Option, the number of Shares such holder is entitled to receive upon the exercise of each Existing Stock Option and the corresponding exercise price.
The stock options granted by Company to Executive pursuant to Executive's Agreement dated as of January 1, 2000 (the "Existing Stock Options") shall remain in full force and effect on the terms set forth in said agreement.
At the request of Parent, the Company shall use its reasonable best efforts to obtain the written consent of all holders of Existing Stock Options to the cancellation of such Existing Stock Options as provided in this Section 3.04.
The stock options granted by Employer to Executive pursuant to Executive's Employment Agreement dated as of January 1, 1997 (the "Existing Stock Options") shall remain in full force and effect on the terms set forth in said Employment Agreement.

More Definitions of Existing Stock Options

Existing Stock Options means any options granted by CyberCare and outstanding to purchase shares of Common Stock and/or Preferred Stock.

Existing Stock Options means those options or rights to acquire Common Shares listed on Schedule 4.02(b).

Existing Stock Options means the incentive stock options granted under the Company’s Employee’s and Director’s Equity Incentive Plan Amended and Restated on May 7, 2010 and outstanding on the Issue Date as specified on Appendix “2” hereto, as such options may be adjusted in accordance with the terms thereof;

Existing Stock Options means all options granted to Executive prior to the Effective Date and the New Option.

Existing Stock Options shall have the meaning specified in Section 3.11(a) of this Agreement.

Existing Stock Options means any options granted by U.S. Plastic Lumber Corp. and outstanding on the Petition Date to purchase shares of the Common Stock.