Market Return definition
Examples of Market Return in a sentence
Unvested Options from the First and Second Market Return Tranches shall remain outstanding for the twelve (12) month period following the date of such termination by reason of death or Disability.
Unvested options from the First and Second Market Return Tranches shall remain outstanding for the twelve (12) month period following the date of such termination by reason of termination by the Company without Cause or by the Optionee for Good Reason.
All unvested Option Shares in the Market Return Tranche shall remain outstanding for the twelve (12) month period following the date of such termination of employment by the Company without Cause or by the Optionee for Good Reason.
All unvested Option Shares in the Market Return Tranche shall remain outstanding for the twelve (12) month period following the date of such termination of employment by reason of death or Disability.
To the extent a Post-Termination Vesting Event occurs within such twelve (12) month period, the appropriate number of Option Shares in the Market Return Tranche will vest as of such Post-Termination Vesting Event, and remain exercisable for ninety (90) calendar days following such Post-Termination Vesting Event (but not beyond the remaining term of the Option).
Upon Seller’s agreement, Buyer will increase its Firm Annual Contract Quantity and the corresponding Firm Daily Contract Quantities in the affected Contract Years in proportion to the Market Return volumes.
Should Buyer need to purchase additional Gas to meet demand associated with Market Return, Buyer will first contact Seller by Formal Notice at least 60 Days prior to the anticipated Market Return or as soon as commercially practicable to purchase these volumes under this Agreement.
Subject to adjustment as hereinafter provided, (a) [ ] of the Option Shares constitute the “Time-Based Tranche”, (b) [ ] of the Option Shares constitute the First Market Return Tranche, and (c) [ ] of the Option Shares constitute the Second Market Return Tranche.
Notwithstanding any provision in the applicable grant agreement, the 251,620 outstanding stock options granted to Executive on February 20, 2008 and subject to the “First Market Return Tranche” and the “Second Market Return Tranche” (as defined in the applicable grant agreement, as amended) (the “MOIC Options”) shall remain outstanding and subject to the applicable vesting criteria until January 1, 2012.
Unvested Options from the Market Return Tranche shall remain outstanding for the twelve (12) month period following the date of such termination by reason of death or Disability.