Option Number definition

Option Number is defined in Section 2.
Option Number shall initially be the number of shares equal to nineteen and nine-tenths percent (19.9%) of the total number of shares of the Company Common Stock issued and outstanding as of the date of this Agreement, and shall be adjusted hereafter to reflect changes in the Company's capitalization occurring after the date hereof in accordance with Section 9 hereof. Notwithstanding any other provision of this Agreement, in no event shall the Option Number exceed nineteen and nine-tenths percent (19.9%) of the total number of shares of the Company Common Stock issued and outstanding as of the date of this Agreement, adjusted in accordance with Section 9 hereof.
Option Number means 347,975 Shares, as such number may be adjusted as provided herein.

Examples of Option Number in a sentence

  • However, if less than one hundred percent (100%) of the Net Proceeds from an Approved Sale of one hundred percent (100%) of the Company's assets is so distributed, the Optionee shall only be entitled on the date of the Distribution to exercise Options with respect to a number of Option Shares equal to the Option Number immediately prior to such Distribution multiplied by the percentage of the Net Proceeds from such Approved Sale that is so distributed by the Company.

  • However, if less than one hundred percent (100%) of the Net Proceeds from an Approved Sale of one hundred percent (100%) of the Company's assets is so distributed, the number of Options that shall expire shall be equal to the amount by which the Option Number immediately prior to such Distribution multiplied by the percentage of the Net Proceeds from such Approved Sale that is so distributed by the Company exceeds the number of Option Shares purchased by the Optionee on the date of such Distribution.

  • Notes to the Financial Statements for the year ended 30 September 2007 Date of Option Number of options option price held issue Rand 2007 2006 33.

  • In connection with nonqualified options, including newly-granted options or outstanding options granted under the Plan, or the stock option plans of 1978, 1981, 1985 and 1989 of the Company, the Committee may provide that an optionee has the right to a reload option, which shall be subject to the following terms and conditions: (a) Grant of the Reload Option; Number of Shares, Price.

  • Describe Organization’s eligibility for discounted pricing (for example: FQHC, RHC, CCBHC, CMHC, Critical Access Hospital, IHS and HCH Grantee.) Select One Option Number of Users Annual License Fee per Organization Pre-Pay Multiple Years (Optional) If you wish to pre-pay for multiple years up to 5 years, write in the requested term.


More Definitions of Option Number

Option Number shall initially be the number of Shares equal to nineteen and nine-tenths percent (19.9%) of the total number of shares of Company Common Stock issued and outstanding as of the date of this Agreement less the number of shares issuable upon full conversion of the Convertible Note, and shall be adjusted hereafter to reflect
Option Number means 14,285. "Exercised Percentage" means the aggregate number of shares of the "Fully Vested Option" (as defined below) that Executive has acquired by exercising the Fully Vested Option prior to his termination of employment, divided by the Option Number.
Option Number means all Company Options outstanding immediately prior to the Effective Time, whether or not vested.
Option Number. OPTION_NUMBER - Grant Date: OPTION_DATE,’Month DD, YYYY’ - Number of Shares: TOTAL_SHARES_GRANTED,’999,999,999’ - Exercise Price: OPTION_PRICE,’$999,999,999.99’ - Expiration Date: EXPIRE_DATE_PERIOD1,’Month DD, YYYY’ - Vesting Schedule: 34%, 33% and 33% on each anniversary of the Grant Date Xxxxxxx X. Xxxxxx FIRST_NAME_MIDDLE_NAME_LAST_NAME Executive Vice President EMPLOYEE_IDENTIFIER Human Resources & Corporate Communications
Option Number. Plan: ID: Effective ________________, the Date of Grant, you have been granted an Incentive Stock Option to buy ________________ shares of Diversa Corporation (the Company) Common Stock at ________________ per share, subject to the provisions of the Stock Option Agreement and the 1997 Equity Incentive Plan (the Plan), which are attached hereto. The Stock Option will expire on the date shown below. The total Stock Option exercise price of the shares granted is ________________. Exercise/Vesting Schedule: 25% of the shares covered by the Stock Option will be vested on the Vest Date and 1/16 of the total shares subject to the Stock Option will vest quarterly thereafter, and will be fully vested on the date as shown in the table below. Shares Vest Type Full Vest Expiration ________________ ________________ ________________ ________________ ________________ ________________ ________________ ________________ Payment: Any one or a combination of the following: (i) by cash or check, (ii) pursuant to a Regulation T program, as provided in the Stock Option Agreement or (iii) delivering shares of previously-owned common stock, as provided in the Stock Option Agreement. By your signature and the Company's signature below, you and the Company agree that this Stock Option is granted under and governed by the terms and conditions of this Grant Notice and the Company's 1997 Equity Incentive Plan (Attachment I) and the Stock Option Agreement (Attachment II), Notice of Exercise (Attachment III), and the Voting Agreement (Attachment IV), all of which are incorporated herein by reference. By your signature below you acknowledge receipt of all such attachments. In addition, by your signature below you further acknowledge that as of the Date of Grant, this Grant Notice, the Stock Option Agreement, the Voting Agreement and the Plan set forth the entire and sole understanding between you and the Company regarding the Stock Option set forth above and supercedes all written or oral agreements relating thereto. __________________________________ ____________________________________ Diversa Corporation Date __________________________________ ____________________________________ Date
Option Number. Plan: ID: This grant of stock options is subject to the provisions of the Comdisco, Inc. 1998 Long-Term Stock Ownership Incentive Plan (as Amended and Restated Effective September 29, 2000) (the "Plan") and the following additional terms and conditions. Effective 2/27/01, and pursuant to the terms of paragraph 2(c)(i) of your employment agreement with Comdisco, Inc. (the "Company") dated February 27, 2001 (the "Agreement"), you have been granted a Non-Qualified Stock Option to buy 600,000.00 shares of Company stock at $11.72 per share. The total option price of the shares granted is $7,032,000. The option will become vested and remain exercisable in accordance with the terms of the Agreement.
Option Number. Plan: ID: This grant of stock options is subject to the provisions of the [Comdisco, Inc. 1998 Long-Term Stock Ownership Incentive Plan (as Amended and Restated Effective September 29, 2000) - or insert name of successor plan] (the "Plan") [if option granted outside of a plan, it shall be subject to terms substantially comparable to those under the plan] and the following additional terms and conditions. Effective __/__/__, and pursuant to the terms of paragraph 2(c)(ii) of your employment agreement with Comdisco, Inc. (the "Company") dated February 27, 2001 (the "Agreement"), you have been granted a Non-Qualified Stock Option to buy __________ shares of Company stock at $__________ per share. The total option price of the shares granted is $____________. The option will become vested and remain exercisable in accordance with the terms of the Agreement.