Option Exchange definition

Option Exchange means the exchange of exchanged options for new RSUs.

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Option Exchange. Program shall mean a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

Option Exchange has the meaning attributed to that term in Subsection 2.2(d) of this Plan of Arrangement;

Examples of Option Exchange in a sentence

The Option Exchange shall take place on the date specified in the Notice of Exchange or, if later, the date the Notice of Exchange is received by the Company (the "Exchange Date").
Certificates for the shares issuable upon such Option Exchange and, if applicable, a new Option of like tenor evidencing the balance of the shares remaining subject to this Option, shall be issued as of the Exchange Date and delivered to the Optionee within seven (7) business days following the Exchange Date.
Upon any Share and Option Exchange, Holdco shall succeed to the rights and obligations of the Company hereunder and the shares and options issued by Holdco in the Share and Option Exchange shall be subject to the same rights and restrictions as the New Shares and the Options.
The Stockholder represents and warrants that the Stockholder has been granted the opportunity to ask questions of, and receive answers from, representatives of Holding concerning the terms and conditions of the Option Exchange and to obtain any additional information that the Stockholder deems necessary to verify the accuracy of the information so provided.
The Option Exchange shall take place on the date specified in the Notice of Exchange or, if later, the date the Notice of Exchange is received by the Company (the “Exchange Date”).

More Definitions of Option Exchange

Option Exchange has the meaning set out in Subsection 3.01(1)(f);

Option Exchange has the meaning attributed to that term in Subsection 3.1(d) of this Plan of Arrangement;

Option Exchange. ’ means an exchange or quotation system (as specified in the relevant Final Terms or notified from time to time to Noteholders in accordance with Condition 17), if any, on which option contracts or future contracts on the Underlying Securities or the Index, in case of Index Linked Notes, are traded or quoted and as may be selected from time to time by the Calculation Agent.

Option Exchange has the meaning attributed to that term in Subsection 3.1(d) of this Plan of Arrangement; “Parties” means Entrée and Spinco and “Party” means any one of them;

Option Exchange has the meaning attributed to such term in subsection 3.1(d);

Option Exchange has the meaning given in the Articles;

Option Exchange shall have the meaning set forth in Section 7.13(b).