Option Exercise Proceeds definition

Option Exercise Proceeds means the aggregate exercise price of all Company In-The-Money Vested Options issued and outstanding immediately prior to the Effective Time.

Option Exercise Proceeds means the aggregate amount that would be payable to the Company in cash by the SFC Optionholders to purchase shares of Company Common Stock if, immediately prior to the Effective Time, such SFC Optionholders exercised all of the then-outstanding Options, whether or not then exercisable, by paying the exercise price therefor in cash.

Option Exercise Proceeds means an aggregate amount equal to the amount of any cash that is paid or deemed to have been paid to the Company upon the exercise of any Vested Company Options from and after the date of this Agreement through and including the Effective Time.

Examples of Option Exercise Proceeds in a sentence

• At Closing, Parent shall pay the amount of the Option Exercise Proceeds by wire transfer of immediately available funds to the account designed by the Shareholder Representative.

• The number of shares of Stock contributed to the available shares of Stock in connection with an option exercise, however, may not be greater than the number obtained by dividing the amount of Option Exercise Proceeds by the Fair Market Value of the Stock on the applicable date of exercise.

• The Closing Statement and the calculation of the Option Exercise Proceeds, the Closing Cash, the Closing Indebtedness, the Capex Adjustment, the Transaction Expenses, and the Closing Consideration shall be revised by the Buyer to the extent necessary to reflect any resolution by the Representative and the Buyer and any final resolution made by the Arbiter in accordance with this Section 1.12.

• Warrant and Stock Option Exercise Proceeds During the nine months ended December 31, 2017, the Corporation issued 9,840,728 common shares on exercise of warrants and 1,175,000 common shares on exercise of stock options for total gross proceeds of $2,223,732.

• The number of shares of Stock available for issuance under the Plan will be increased by the number of any shares of Stock that the Company repurchases with Option Exercise Proceeds.

More Definitions of Option Exercise Proceeds

Option Exercise Proceeds means an amount equal to the aggregate exercise price paid to the Company by holders of Options upon the exercise of Options following the Closing Date.

Option Exercise Proceeds means the aggregate amount that would be payable to the Company in respect of the outstanding and unexercised vested Company Options, other than any Out-of-the-Money Options, immediately prior to the Effective Time if the holders thereof exercised such Company Options in full for cash as of the Effective Time.

Option Exercise Proceeds means, for each Company In the Money Option outstanding as of the Effective Time and cancelled pursuant to Section 1.11, an amount equal (i) the exercise price for a share of Company Common Stock underlying such Company In the Money Option multiplied by (ii) the number of shares of Company Common Stock underlying such Company In the Money Option.

Option Exercise Proceeds means an amount equal to the aggregate exercise price of all unexercised Options (whether or not then vested or exercisable) immediately prior to the Effective Time.

Option Exercise Proceeds has the meaning set forth in Section 1.6(a).

Option Exercise Proceeds means $47,250.00, which represents the aggregate exercise price of the Options cancelled in accordance with Section 2.4(a).

Option Exercise Proceeds means an amount equal to the aggregate exercise price of all of the Participating Options.