Former Optionholders definition

Former Optionholders means those persons who shall have held an unexpired Target Option immediately prior to the Effective Time (whether or not vested or exercisable).
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Former Optionholders means, at and following the Effective Time, the Optionholders, in each case immediately prior to the Effective Time;
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Former Optionholders means the holders of Options immediately prior to the Effective Time after giving effect to the Arrangement.
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Examples of Former Optionholders in a sentence

  • At the Effective Time, Parent shall make available or cause to be made available to a paying agent selected by Parent and reasonably acceptable to the Company and the Stockholders’ Agent (the “Paying Agent”) amounts sufficient in the aggregate to provide all funds necessary for the Paying Agent to make the Aggregate Closing Merger Payment, subject to Parent’s election under Section 4.3(c) with respect to payment to Former Optionholders (such cash being hereinafter referred to as the “Exchange Fund”).

  • The aggregate net proceeds after expenses of such sale will be distributed by the Arrangement Exchange Agent, pro rata in relation to the respective fractions, among the Former Shareholders and the Former Optionholders otherwise entitled to receive fractional interests in IrishCo Shares.

  • Notwithstanding the foregoing, at Parent’s election pursuant to Section 4.3(b), Escrow Agent shall release to Parent or such agent designated by Parent the portion of the Total Escrowed Cash attributable to the Former Optionholders pursuant to the updated Consideration Allocation Schedule delivered pursuant to Section 10.3(d).


More Definitions of Former Optionholders

Former Optionholders means those Persons who held Company Options immediately prior to the Effective Time.
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Related to Former Optionholders

  • Company Optionholders means the holders of Company Options.

  • Optionholders means the holders of Options;

  • Company Optionholder means a holder of Company Options.

  • 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.

  • Option Holders means the holders, or individually a holder, of Stock Options, together with their successors and assigns.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • 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 such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • 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.

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

  • Continuous Service Status means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status.

  • Parent Stock Option means any option to purchase Parent Common Stock.

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

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Company Options means options to purchase shares of Company Common Stock.

  • Optioned Stock means the Common Stock subject to an Option.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.