Option Consideration has the meaning set forth in Section 3.3(a).
Option Consideration means, with respect to any share of Company Common Stock issuable under a particular Option, an amount equal to the excess, if any, of (i) the Merger Consideration over (ii) the exercise price payable in respect of such share of Company Common Stock issuable under such Option.
Option Consideration has the meaning set forth in Section 2.10(a).
Examples of Option Consideration in a sentence
The surrender of an Option to the Company in exchange for the Option Consideration shall be deemed a release of any and all rights the holder had or may have had in respect of such Option.
The Option Consideration shall be treated as compensation and shall be payable net of any applicable federal and state income and employment withholding taxes.
If this Agreement is terminated for any reason other than a default by Seller hereunder, Seller shall be entitled to retain the Option Consideration.
Upon receipt of the Option Consideration, the Option shall be canceled.
The payment of the Option Consideration will be subject to withholding for all required Taxes.
More Definitions of Option Consideration
Option Consideration shall have the meaning set forth in Section 3.1.4 hereof.
Option Consideration shall have the meaning set forth in Section 1.8(a).
Option Consideration is defined in Section 2.8(a).
Option Consideration has the meaning set forth in Section 4.07(a).
Option Consideration means the excess, if any, of the Merger Consideration over the per share exercise price of the applicable Company Option.
Option Consideration means, with respect to any Share issuable under a particular Option, an amount equal to (i) the Merger Consideration per Share less (ii) the exercise price payable in respect of each Share issuable under such Option.
Option Consideration shall have the meaning set forth in Section 2.6(c).