Examples of IPO Stock Option in a sentence
If, during the period ending on the first anniversary of the Effective Date, the Company consummates a Change in Control while Executive remains continuously employed in good standing as CFO, and provided that Executive has not earned the right to receive the Qualifying IPO Stock Bonus Award or the Qualifying IPO Stock Option Grant under Section 3(c), the Company shall pay Executive a change in control bonus of $400,000 in a lump sum payment within 5 business days of such change.
The Black IPO Stock Option Plans shall terminate ten (10) years after their approval by the stockholders of the Company or adoption by the Board, whichever is earlier.
Ms. Lenis replied this is correct.Commissioner Erquiaga asked for clarification if there will be a sidewalk.
Subject to the provisions of Paragraph 1 and Paragraph 11, the total number of shares of stock which may be optioned under the Black IPO Stock Option Plans is One Million Hundred Two Hundred Thousand (1,200,000) shares of the Company's Class B Common Stock which shall be authorized and un-issued stock or treasury stock.
If the Effective Date does not occur on or prior to March 31, 2011 for any reason, then, notwithstanding anything to the contrary, the IPO Stock Option shall terminate and be forfeited, and the Company shall have no further obligations with respect thereto.
The IPO Stock Option shall be governed in all respects by the terms and conditions of the 2010 Plan.
For options issued under the Company’s Post IPO Stock Option Plan (the ‘‘Post IPO Plan’’), the number of securities underlying unexercised options has been adjusted to reflect the 50 for 1 share consolidation effected on February 26, 2020.
IN WITNESS WHEREOF, SYMPLEX COMMUNICATIONS CORPORATION, has caused this IPO Stock Option Plan to be executed this 29th day of April, 1997.
The Black IPO Stock Option Plan became effective March 1, 2000 upon its adoption by the favorable vote of the holders of a majority of the common stock of the Company present, in person or by proxy, and entitled to vote at said meeting of such stockholders; and the NonQualified Plan became effective upon unanimous resolution of the Board on August 10, 2000.
Since March 1, 2012, Options granted under the Stock Option Plan follow the granting rules of the Company’s Post- IPO Stock Option Plan as disclosed above under the section entitled “Share Option Scheme”.