NBCU Option II definition

NBCU Option II means the Call Agreement between the Company and NBC Palm Beach I, in the form attached hereto as Exhibit D, pursuant to which the Company grants NBC Palm Beach I an irrevocable right to purchase 26,688,361 shares of Class B Common Stock upon the terms and conditions set forth therein.
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NBCU Option II means the option granted to NBC Palm Beach Investment I, Inc. to purchase 26,688,361 shares of Class B Common Stock from the Company pursuant to the Option II Call Agreement.
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NBCU Option II. NBCU will irrevocably waive its right to any accrued dividends on its Series B Preferred in exchange for an option to acquire shares of Class B Common Stock (the "NBCU Option II") from the Company, as described on Schedule I.
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Examples of NBCU Option II in a sentence

  • For purposes of calculating any Person’s outstanding voting power of the Company pursuant to Sections 3.1(b)(i) and 3.1(b)(ii), at any time prior to the exercise of the NBCU Option II pursuant to the Option II Call Agreement, the NBCU Option II shall not be deemed as converted into, or exchanged or exercised for, the number of Voting Shares which such NBCU Option II would be entitled to be converted, exchanged or exercised.

  • Term Sheet for the CLP Put Right and the NBCU Call Right -------------------------------------------------------- Term The CLP Put Right and the NBCU Call Right will be effective as long as NBCU Option I or NBCU Option II continues to be outstanding.

  • Schedule I Term Sheet for the NBCU Option II --------------------------------- Issuer ION.

Related to NBCU Option II

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

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

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

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

  • Director Option means an Option granted pursuant to Section 6.

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

  • Employee Option means an Option granted pursuant to Section 5.

  • Date of Option Grant means __________________.

  • 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.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

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

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.