Newco Option definition

Newco Option shall have the meaning specified in Section 2.9(a).
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Newco Option means any option to purchase shares of NewCo Common Stock.
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Newco Option means an option to purchase a Newco Share granted pursuant to the Newco Option Plan;
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Examples of Newco Option in a sentence

  • Following the GE Transfer and the Dividend, the exercise price per share of each Newco Option will be reduced by the per share amount of the Dividend; provided that the Newco Options shall be further adjusted to the extent required to remain compliant with, or exempt from, the requirements of Section 409A of the Code and the Treasury Regulations issued thereunder (collectively, “Section 409A”).

  • In this order, it shows that 2 22 2+1+2+2Note that it is possible that both ω2 ≤ M and ω ≤ M are not fulfilled.

  • If the foregoing calculation results in a Newco Option, which is issued for an SCO Option, being exercisable for a fraction of a share of Newco Common Stock, then the number of shares of Newco Common Stock subject to such option will be rounded down to the nearest whole number of shares, with no cash being payable for such resulting fractional share.

  • In the event any Surviving Corporation Option into which a vested TK Newco Option converts pursuant to the Business Combination Agreement is fully exercised or expires, forfeits or is terminated or cancelled by its terms, the corresponding Company Option shall automatically, without any action on the part of any party hereto, be cancelled.

  • In addition, Newco shall take all corporate action necessary to reserve for issuance a sufficient number of Newco common shares for delivery upon exercise of a Newco Option.

  • Prior to Closing, Newco shall --------------------------------- offer to each Employee, contingent upon the consummation of the Transaction and such Employee's acceptance of Newco's offer of employment, to exchange their Exchanged SSI Option for a Newco Option pursuant to the terms of Section 1.3(a)(ii).

  • If the foregoing calculation results in a Newco Option, which is issued for a SCO Option, being exercisable for a fraction of a share of Newco Common Stock, then the number of shares of Newco Common Stock subject to such option will be rounded down to the nearest whole number of shares, with no cash being payable for such resulting fractional share.

  • If the foregoing calculation results in a Newco Option, which is issued for a SSI Option, being exercisable for a fraction of a share of Newco Common Stock, then the number of shares of Newco Common Stock subject to such option will be rounded down to the nearest whole number of shares, with no cash being payable for such resulting fractional share.

  • Continuous service as an employee or consultant with SSI, STI or any of their direct or indirect subsidiaries will be credited to each Optionee for purposes of determining the number of shares of Newco Common Stock vested and exercisable under such issued Newco Option after the Effective Time.

  • The exercise price per share of Newco Stock applicable to each Newco Option shall be equal to (A) the exercise price per share of Aspen Stock applicable to the corresponding Aspen Stock Option as of immediately prior to the Effective Time divided by (ii) the Aspen Equity Award Exchange Ratio, rounded up to the nearest whole cent.


More Definitions of Newco Option

Newco Option. The right to subscribe for NewCo Shares granted or to be granted to Participants pursuant to the NewCo ESOS and for the time being subsisting
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Related to Newco Option

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

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

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

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

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • 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.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

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

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • SAR means a stock appreciation right granted under the Plan.

  • 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.

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