Old Stock Options definition

Old Stock Options means the outstanding options to purchase Old Common Stock, as of the Petition Date.

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Old Stock Options means the options, outstanding immediately prior to the Petition Date, to purchase Old Common Stock.

Old Stock Options means any options, warrants or other rights to purchase Old Common Stock, whenever granted.

Examples of Old Stock Options in a sentence

In connection with the foregoing, (i) the foregoing is intended to effect an assumption of the Old Stock Options by Parent under Section 424(a) of the Code and (ii) neither a Parent Stock Option nor the assumption of Old Stock Option shall give the holder of an Old Stock Option additional benefits which he did not have under such an Old Stock Option within the meaning of Section 424(a)(1) of the Code.
To the extent that amounts are so withheld by Parent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of Company Common Stock and Old Stock Options in respect of which such deduction and withholding was made by Parent.
Parent shall be entitled to deduct and withhold, or cause the Exchange Agent to deduct and withhold, from the consideration otherwise payable pursuant to this Agreement to any holder of Company Common Stock, Old Stock Options and Restricted Shares, the minimum amounts (if any) that Parent is required to deduct and withhold with respect to the making of such payment under the Code or any other provision of Tax Law.
Parent shall be entitled to deduct and withhold, or cause the Exchange Agent to deduct and withhold, from funds provided by the holder or from the consideration otherwise payable pursuant to this Agreement to any holder of Company Common Stock and Old Stock Options, the minimum amounts (if any) that Parent is required to deduct and withhold with respect to the making of such payment under the Code or any other provision of Tax Law.
You also agree that, if you ever challenge the validity of this Agreement and the First and Second Release or if you breach the terms of this Agreement and First and Second Release, you will repay the Severance Payment to the Company and an amount equal to any gain received as a result of the RSU Distributions, the PSU Distributions and any gain recognized on the exercise of any of the Old Stock Options, the 2012 Performance Options and the 2013 Performance Options to the Company.
The only securities issued and outstanding in Pubco are 1,986,521 common shares and incentive stock options to purchase up to 115,000 common shares at $0.19 each on or before November 26, 2007 (the "Old Stock Options").
Parent shall be entitled to deduct and withhold, or cause the Exchange Agent to deduct and withhold, from the consideration otherwise payable pursuant to this Agreement to any holder of Company Common Stock and Old Stock Options, the minimum amounts (if any) that Parent is required to deduct and withhold with respect to the making of such payment under the Code or any other provision of Tax Law.
All statements made in Section 1.07 of this Agreement regarding the outstanding Stock Options are accurate, and the treatment of Old Stock Options as set forth in Section 1.07 of this Agreement is permitted under the current terms of the Company Stock Compensation Plans and Option Grant Agreements.
To the extent that amounts are so withheld by Parent, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of Company Common Stock, Old Stock Options and Restricted Shares in respect of which such deduction and withholding was made by Parent.
For the avoidance of doubt, Old Stock Options that are both Out of the Money Old Stock Options and unexercised prior to the Effective Time shall be forfeited as of the Effective Time without payment, in accordance with the terms of the Company Stock Compensation Plans.

More Definitions of Old Stock Options

Old Stock Options means any options, warrants or other rights to purchase Old Capital Stock, whenever and by whomever granted.

Old Stock Options means each option to purchase Old Common Stock of AWI under the AWI stock plans that are outstanding immediately prior to the Confirmation Date.

Old Stock Options means all unexercised rights of any kind to acquire any Old Common Stock of, or other Interest in, the Debtor that is not evidenced by an issued and outstanding share of Old Common Stock or other instrument evidencing a present ownership interest in the Debtor. "Old Stock Options" shall include all options, warrants, calls, subscriptions or other similar rights or other agreements, commitments, or obligations of the Debtor to issue, transfer, or sell any shares of capital stock, including Old Common Stock and preferred stock, of the Debtor.

Old Stock Options has the meaning set forth in Section 3.4(a).

Old Stock Options shall fully vest, and either be forfeited immediately prior to the Effective Time for no consideration or, if the holders thereof execute and deliver prior to the Effective Time an option cancellation agreement in form and substance reasonably satisfactory to Parent, cancelled in exchange for a payment to be made by Parent (or at the request of Parent, by Company) to any such holder promptly after the later of the Effective Time and Parent’s receipt of such holder’s option cancellation agreement and cancelled Old Stock Option, such payment to be in an amount equal to the Option Cancellation Amount. For purposes of this Agreement, the term “Option Cancellation Amount” shall mean, for an Old Stock Option, an amount equal to the product of (i) the number of shares of Company Common Stock covered by such Old Stock Option immediately prior to the Effective Time and (ii) the amount by which the Cash Consideration exceeds the exercise price of such Old Stock Option. With respect to each Old Stock Option the per share exercise price of which is greater than or equal to the Cash Consideration, the holder thereof shall not be entitled to receive the Option Cancellation Amount with respect to such Old Stock Option and, immediately prior to the Effective Time, such Old Stock Option shall be canceled without any payment made in exchange therefor. The Option Cancellation Amount shall be treated as compensation and shall be payable net of any applicable federal and state income and employment withholding Taxes.

Old Stock Options means the outstanding incentive stock options to purchase Old Common Stock of PhoneTel, as of the Petition Date.