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

  • 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.

  • The results serve to emphasize the importance of using more precise wave-length standards for infra-red measurements than have been used hitherto, if the rotational constants are to be obtained with accuracy com­ parable to that achieved by microwave measurements.

  • The Former Optionholder/Bonus Recipient Option Consideration shall be used by the Company to pay any Former Optionholder/Bonus Recipient Option Consideration payable to Former Optionholders and Bonus Recipients as provided for in the Merger Agreement.

  • Following such payment to the Milestones and Indemnity Escrow Payout Agent, each Former Securityholder and MIP Participant shall look only to the Stockholders’ Agent and the Milestones and Indemnity Escrow Payout Agent to receive such Person’s portion of any such amount, except in the case of Former Optionholders that receive such payment directly from Parent or such agent designated by Parent, who shall look to Parent or such agent to receive such Person’s portion of any such amount.

  • 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).

  • The amount placed in a segregated account pursuant to this Section 2.2(c)(ii)(1) in respect of all Former Optionholders who are parties to an Option Termination Agreement for which the Former Optionholder Payment Condition is not satisfied and all Bonus Recipients for which the Bonus Recipient Payment Condition is not satisfied (the “Reversion Amount”) shall continue to be held in a segregated account for the benefit of the Company Securityholders.

  • Irrespective of any of its actions pursuant to Section 10.3(d) hereof, except in the case of Former Optionholders for whom the payment of the amounts referred to in paragraph (a) has been released to Parent, Parent shall have no obligation to any Former Securityholder or MIP Participant in respect of such Person’s portion of such amounts.

  • Upon the foregoing payment of the Total Escrowed Cash to the Milestones and Indemnity Escrow Payout Agent, as directed by the Stockholders’ Agent, for the benefit of the Former Securityholders and MIP Participants, or to such agent designated by Parent for the benefit of the Former Optionholders, as the case may be, all of the obligations of Parent and Escrow Agent with respect thereto shall be satisfied and discharged in full.


More Definitions of Former Optionholders

Former Optionholders means those Persons who held Company Options immediately prior to the Effective Time.
Sample 1
Former Optionholders means the holders of Filo Options immediately prior to the Effective Time. “G&D” means Gernandt & Danielsson Advokatbyrå KB.
Sample 1

Related to Former Optionholders

  • 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.

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

  • 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.

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

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

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

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;