Offeree definition

Offeree means an individual to whom the Committee has offered the right to acquire Shares under the Plan (other than upon exercise of an Option).

Offeree means a Person to whom a take-over bid is made;

Offeree means a Participant who is granted a Purchase Right pursuant to the Plan.

Examples of Offeree in a sentence

• Such right shall not be transferable and shall be exercisable only by the Offeree to whom such right was granted.

• Any right to acquire Shares under the Plan (other than an Option) shall automatically expire if not exercised by the Offeree within 30 days after the grant of such right was communicated to the Offeree by the Committee.

• If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the award) of the value of the services rendered by the Offeree and the sufficiency of the consideration to meet the requirements of Section 6(b).

• If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the award) of the value of the services rendered by the Offeree and the sufficiency of the consideration to meet the requirements of Section 6(c).

• The Committee may permit the Offeree to satisfy all or part of his or her tax obligations related to such Shares by having the Company withhold a portion of any Shares that otherwise would be issued to him or her or by surrendering any Shares that previously were acquired by him or her.

More Definitions of Offeree

Offeree has the meaning given such term in Section 4.1.

Offeree means the beneficial owner, who is a resident of this state, of equity securities which an offeror offers to acquire in connection with a takeover offer.

Offeree shall have the meaning provided in Section 15.1(b).

Offeree means the beneficial or record owner of any security that an offeror acquires or offers to acquire in connection with a control bid.

Offeree means a holder of shares which are included in a take-over offer;

Offeree means a person to whom a take-over bid or an issuer bid is made; (“pollicité”)

Offeree means an individual to whom the Board has offered the right to acquire Common Stock other than upon exercise of an Option.