Examples of Holdco Option in a sentence
Each New Hillman Option is generally subject to the same vesting conditions as the Hillman Holdco Option from which it was converted, except that the performance-based vesting conditions of any Hillman Holdco Option granted prior to 2021 were adjusted such that the performance-based portion of the associated New Hillman Option will vest upon certain pre-established stock price hurdles.
Charter Holdco Option Plan Pursuant to the Charter Holdco Option Plan, each of the officers and directors of CII set forth in Item 1 (other than Mr. Kent, whose option from Charter Holdco was not issued pursuant to the Charter Holdco Option Plan) were granted options to acquire Charter Holdco membership units which will be automatically exchanged for shares of Class A Common Stock of the Issuer upon exercise.
None of the options granted to such officers and directors pursuant to Charter Holdco Option Plan are vested or will vest within 60 days, except those granted to Mr. Nelson, Ms. Peretsman and Mr. Savoy.
PetroNor and Holdco will use all reasonable endeavours to enter into binding agreements with each Petronor Optionholder to cancel their Petronor Options on the Implementation Date, in consideration for the grant by Holdco on the Implementation Date of one Holdco Option for every one Petronor Option held by the Petronor Optionholder on the Scheme Record Date.
No Holdco Options will be issued in respect of those Options.6 The exercise price of each Holdco Option will be an equivalent US$ exercise price based on the AUD:USD exchange rate on the business day prior to the Scheme Implementation Date.
Each TWOLF Option that is outstanding immediately prior to the Effective Time, whether or not then vested or exercisable, shall, as of the Effective Time, automatically and without any action on the part of the holder thereof, be assumed by Holdco and converted into a Holdco Option.
The Target Company shall take all necessary actions to effect the treatment of the Target Company Options pursuant to Section 4.01(a) and to ensure that no Holdco Option may be exercised prior to the effective date of an applicable Form S-8 (or other applicable form, including Form F-1 or Form F-3) of Holdco.
Each XRAY Option that is outstanding immediately prior to the Effective Time, whether or not then vested or exercisable, shall, as of the Effective Time, automatically and without any action on the part of the holder thereof, be assumed by Holdco and converted into a Holdco Option.
Completion of the Holdco Call Option or Holdco Put Option ( Holdco Option Completion) shall take place on the date specified for Holdco Option Completion in the Holdco Exercise Notice.
US Holdco Optionholder means a person who is registered in US Holdco Option Register as the holder of one or more US Holdco Options, from time to time.