Founder Options definition

Founder Options mean the options to acquire common stock of the Company for an exercise price of approximately $3.07 per share (as presently constituted) granted to the Employee prior to the Company's initial public offering.
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Founder Options has the meaning set forth in Section 4.3.
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Founder Options means the options to acquire common stock of EFT for an exercise price of approximately $0.001 per share (as presently constituted) granted to the Employee prior to EFT' initial public offering.
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Examples of Founder Options in a sentence

  • Issued Founder Options were for 5,187,904 underlying common shares and were fully vested after one year.

  • Issued Founder Options were for 638,687 underlying common shares and were fully vested after one year.

  • Accordingly, Extension 4(d) does not, for example, provide cover for loss caused by the Italian regulations referred in paragraph 74(5) above.

  • Consideration Options means the MMM Vendor Options and MMM Founder Options.

  • Founder Options are not part of the Legacy Option Plan and were not issued for the purposes of encouraging retention or other factors typically associated with an employee stock option plan.

  • These Founder Options were issued concurrent with the issue of founder shares to the remainder of the founding shareholder group.

  • Issuance of stock options to employees and consultants pursuant to the Legacy Option Plan.In addition to stock options issued under the Legacy Option Plan, on January 15, 2015 SBI issued Founder Options to certain non-U.S. resident founders.

  • HIV Medicine, 5, Supplement 2, 46–60 [DOI: 10.1111/j.1468-1293.2004.00215.x][PubMed: 15239716].Rollnick, S.

  • The following assumptions were used to value the Chief Executive Officer and Head of Exploration Options Exercise Price$0.25Expected volatility50%Implied option life5 yearsRisk free rate0.1%Expected dividend yieldNil (b) Founder Options The 27,000,000 founder options were issued upon incorporation of the Company.


More Definitions of Founder Options

Founder Options means the options to acquire common stock of Encompass for an exercise price of approximately $3.07 per share (as presently constituted) granted to the Employee prior Encompass' initial public offering.
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Founder Options means each Founder’s option to acquire 4,205,100 Common Shares at par value of such shares; such option has been fully vested and can be exercised at any time at each Founder’s discretion;
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Founder Options means the 576,429 options to purchase an aggregate of 576,429 common shares of SBI issued to certain founders in lieu of common shares;
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Founder Options means the CINAR Options to acquire up to 840,000 CINAR Shares which were the subject of the Founder Option Proceedings.
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Founder Options means the Cinar Options to acquire the Underlying Shares which were the subject of the Founder Option Proceedings;
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Related to Founder Options

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

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

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Parent Options means options to purchase shares of Parent Common Stock from Parent (whether granted by Parent pursuant to the Parent Option Plans, assumed by Parent or otherwise).

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

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

  • 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.

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

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Parent Warrants means the outstanding warrants to purchase Parent Common Stock.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Company Convertible Securities means, collectively, any other options, warrants or rights to subscribe for or purchase any capital shares of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital shares of the Company.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall vest and be exercisable ratably commencing on the exercise of the Series B Warrants held by the Purchaser (or its assigns) and have a term of exercise equal to 5 years from the date of issuance, in the form of Exhibit C attached hereto.

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.