In-the-Money Option is defined in Section 2.8(a) of the Agreement.
In-the-Money Option means each Company Stock Option that has a per share exercise price that is less than the Cash Amount.
In-the-Money Option has the meaning set forth in Section 2.3(a).
Examples of In-the-Money Option in a sentence
Subject to the terms and conditions of this Agreement, at the Effective Time, by virtue of the Merger and without any action on the part of the Parties, the Surviving Corporation or any holder of any Option that is outstanding immediately prior to the Effective Time, each Option, whether an Unvested Option, or a Vested In-the-Money Option shall be cancelled.
More Definitions of In-the-Money Option
In-the-Money Option. – means a call Option with an Exercise Price that is less than the Market Price of the Underlying Interest or a put Option where the Exercise Price exceeds the Market Price of the Underlying Interest.
In-the-Money Option means a Company Option that has an exercise price per Company Share that is less than the Consideration per Company Share.
In-the-Money Option means a Company Option in respect of which the In-the-Money Amount, determined as of the last Business Day immediately preceding the Effective Date, is a positive amount;
In-the-Money Option means a Company Option that is unexpired, unexercised and outstanding immediately prior to the Effective Time and has a per share exercise price for the Company Common Stock subject to such Company Option that is less than the Price Per Share.
In-the-Money Option means each Company Stock Option that is not an Out-of-the-Money Option.
In-the-Money Option is defined in Section 3.8(a) of this Agreement.
In-the-Money Option means each Company Option which has a per share exercise price that is less than the Cash Amount.