Examples of Old Option Plan in a sentence
On the Effective Date, in accordance with the terms and conditions of the Noteholder Voting Agreement, Mpower Holding shall enter into a New Key Employee Option Plan that is substantially identical to the Old Option Plan.
The Manager shall act as an authorized representative of each Company in executing resident agreements and occupancy agreements with respect to the applicable Community, but the Manager shall not enter into such agreements for a duration of more than one year without the prior consent of the applicable Company.
If an outstanding option with respect to Old Option Plan Stock for any reason expires or is terminated prior to its exercise, the shares of Option Stock allocable to the unexercised portion of such Old Option Plan Stock will then be reserved for options under the Plan and an Optionee may be granted an option under the Plan to purchase such Option Stock.
Old Option Plan has the meaning set forth in the Lender Subscription Agreement.
As of the Petition Date, there are approximately 5,383,905 outstanding options were held by employees under the Old Option Plan (the "Outstanding Employee Options").
As of the Petition Date, there are approximately 5,383,905 outstanding options held by employees under the Old Option Plan (the "Outstanding Employee Options").
The following summary of the Old Option Plan is qualified in its entirety by the text of the Old Option Plan.
No further grants of options will be made pursuant to Old Option Plan although options granted under the Old Option Plan will continue to vest.Pursuant to the Option Plan, the Compensation and Governance Committee or the Board may grant options to purchase Common Shares to eligible participants.
The address of the Company’s registered office in the State of Delaware is 251 Little Falls Drive, in the City of Wilmington, County of New Castle, Delaware 19808, and the name of the registered agent at such address is Corporation Service Company.
Plan and such other adjustments in accordance with the provisions of the Raging River Award Plan, the Raging River Old Option Plan and the Raging River New Option Plan.