Option Plan Amendment definition

Option Plan Amendment means an amendment to the Company Stock Option Plan which (i) increases the number of shares of Common Stock reserved for issuance under the Company Stock Option Plan in an amount which, when combined with other shares of Common Stock available under the Company Stock Option Plan, will be sufficient to make Additional Equity Awards, and (ii) provides for the issuance of deferred stock and/or restricted stock unit awards thereunder.

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Option Plan Amendment means an amendment to the Company’s Amended and Restated Stock Option Plan and Restricted Stock Plan to waive the requirement that participants in such plan exercise or lose their option awards within ten days of receiving notice from the Company of the effective date of the Merger.

Option Plan Amendment means an amendment to the Phoenix Amended and Restated 2004 Incentive Plan to increase the number of shares that may be issued pursuant to such plan by 3,000,000, after giving effect to the Reverse Stock Split (subject to appropriate adjustment in the event of any stock dividend, stock split or other similar event affecting the Phoenix Common Stock).”

Examples of Option Plan Amendment in a sentence

At the Special Meeting, PKS submitted (i) the Transaction, (ii) the Initial PKS Certificate Amendment, (iii) the Post-Transaction PKS Certificate Amendment and (iv) the Stock Option Plan Amendment to votes of the PKS Stockholders, and each matter was ratified or approved by the requisite vote of the PKS Stockholders.
To the Company’s knowledge, all shares of Common Stock, Series B Preferred Stock and Series E Preferred Stock outstanding on the record date for a meeting at which a vote is taken with respect to the Company Voting Proposals shall be eligible to vote on the Charter Amendment and the Option Plan Amendment and all shares outstanding other than those issued to the Investor at the Initial Closing shall be eligible to vote on the Share Issuance.
If it is not deemed necessary or appropriate to submit the Option Plan Amendment to a vote of the Company's shareholders, or if the Option Plan Amendment is submitted to a vote of the Company's shareholders and is approved by the Company's shareholders, then, in either case, promptly after the Effective Time, Parent shall deliver or shall cause the Surviving Corporation to deliver to the holders of Company Options, notices describing the conversion of such Company Options into Parent Options.
If the Option Plan Amendment is submitted to a vote of the Company’s shareholders and the Company’s shareholders do not approve the Option Plan Amendment, the holder of each Company Option shall have only those rights with respect to such Company Option as are provided under the applicable award, the Company Option Plan and applicable law.
If deemed necessary or appropriate by the Company and Parent, the Company shall submit the Option Plan Amendment to a vote of the Company’s shareholders at the Company Shareholder Meeting and shall use its best efforts to obtain approval of the Option Plan Amendment by the Company’s shareholders.
Neither the Company nor any Shareholder shall take any action that annuls, revokes, cancels or otherwise conflicts with the Option Plan Amendment.
Any options granted pursuant to the preceding sentence shall (i) be subject to the terms and conditions of the Option Agreements and the stockholders of the Company approving the Option Plan Amendment and (ii) have an exercise price equal to the lower of (x) the exercise price of the Executive Options and (y) the fair market value of the Common Stock on the date on which the Additional Options are granted.
At the Special Meeting, PKS submitted (i) the Transaction, (ii) the Initial PKS Certificate Amendment, (iii) the Post-Transaction PKS Certificate Amendment and (iv) the Stock Option Plan Amendment to votes of the PKS Stockholders, and [each matter was] [the Transaction and the Initial PKS Certificate Amendment were] ratified or approved by the requisite vote of the PKS Stockholders.
Each of ▇▇▇▇ and Vicis shall vote or cause to be voted all of its Beneficially Owned Shares in favor of the Option Plan Amendment and the Bonus Plan Proposal in connection with any vote or consent taken or solicited thereon.
The Executive acknowledges that the Company intends to amend the Stock Option Plan to eliminate the provision which would provide for the expiration and immediate vesting of stock options in the event of a dissolution, liquidation, merger, share exchange or change in control involving the Company (the "Stock Option Plan Amendment").

More Definitions of Option Plan Amendment

Option Plan Amendment on Exhibit A to the Merger Agreement. Pursuant to Section 10.2 of the Merger Agreement, the definition of “Option Plan Amendment” on Exhibit A to the Merger Agreement shall be amended and restated in its entirety to read as follows:

Option Plan Amendment has the meaning set forth in Section 6.1(s).

Option Plan Amendment means an amendment effective as of the Effective Time by the Surviving Corporation of the Employee Stock Option Plans and the agreement of the holder of such Retained Options that provides among other matters that (a) each Retained Option shall be fully and immediately exercisable in accordance with the terms and conditions of the applicable Employee Stock Option Plan and the agreement of the holder of such Retained Option with respect thereto, (b) the termination date of each Retained Option will be extended until the tenth (10th) anniversary of the Closing Date, and (c) each Retained Option upon exercise thereof will entitle the holder thereof to acquire shares of Class A Voting Stock.