Option Rollover definition

Option Rollover has the meaning given in paragraph 4.1 of Schedule 1;
Sample 1Sample 2
Option Rollover has the meaning ascribed to it in Section 3.01(e)(i).
Sample 1Sample 2
Option Rollover means a release by a Holder with the consent of the Acquiring Company of his rights under an Option and this Scheme (the "Old Options") in consideration of the grant to him of new options ("New Options") which are equivalent to the Old Options but which relate to shares in the Acquiring Company.
Sample 1Sample 2

Examples of Option Rollover in a sentence

  • Capitalized terms used herein shall have the meaning set forth in that certain Option Rollover Agreement, dated as of September 23, 2013, by and between the “Management Stockholder” identified below and Pinnacle Holdco Parent, Inc.

  • The Parties acknowledge and agree that the Option Rollover Agreements and the transactions as set forth therein, are and shall be mutually dependent on this Agreement and the Transactions, and the consummation of the Transactions shall be a condition to the consummation of the transactions as set forth in the Option Rollover Agreements, and the consummation of the transactions as set forth in the Option Rollover Agreement shall be a condition to the consummation of the Transactions.

  • Any such election shall have been properly made only if Buyer and the Company shall have received a properly completed Option Rollover Election; Cancellation and Payment Acknowledgement by 5:00 p.m. New York City time ten (10) Business Days after the Option Election Delivery Date (the “Option Election Deadline”).

  • Notwithstanding the foregoing, the Parties acknowledge and agree that the Option Rollover Agreements are not a “Transaction Document” and shall be entered into and enforced separately from this Agreement, while each is mutually dependent on the other.

  • Each Option Rollover Election; Cancellation and Payment Acknowledgement shall permit the Optionholder to specify and elect: (i) to have no Rollover Options or (ii) to have Rollover Options with a Spread Value of up to 25% of the aggregate Spread Value of all Options held by such Optionholder.

  • Executive and the Company also previously entered into an Option Rollover Agreement with the Company dated December 16, 2011.

  • The Parties agree and acknowledge that the right of an Optionholder to receive the payments contemplated by Section 2.10(d)(iv) with respect to such Person’s Options (other than Rollover Options) is substantially vested within the meaning of Treasury Regulation Section 1.83-6 and shall be treated as such regardless of whether the Optionholder delivers to Company a fully completed and executed Option Rollover Election; Cancellation and Payment Acknowledgement at or prior to the Closing.

  • All legal matters pertaining to the 2025 Festival and this Sponsorship Agreement will be governed by and construed under the laws of the state of Michigan.

  • Contemporaneously with the closing of the transaction contemplated by this Agreement, the Equity Sponsors or the Related Parties shall have made the Equity Contribution, and the Option Rollover shall have been completed.

  • The Company hereby agrees that in the unlikely event the timing of Executive’s termination of employment might result in the expiration of unexercised rollover options pursuant to the terms of the Option Rollover Agreement, then the Company and Executive will endeavor to find a mutually satisfactory resolution so as to prevent the expiration of rollover options.


More Definitions of Option Rollover

Option Rollover means in relation to an Option a release by the Option-holder with the consent of the Acquiring Company of his rights ("old rights") under the Scheme in consideration of the grant to him of rights ("new rights") which are equivalent to the old rights but which relate to shares in: - the Acquiring Company; or - a company which has Control of the Acquiring Company; or - a company which either is, or has Control of, a company which is a member of a consortium owning either the Acquiring Company or a company having Control of the Acquiring Company; and where the term "equivalent" shall be construed in accordance with Rule 7.1.
Sample 1
Option Rollover means in relation to an Option a release by the Option-holder with the consent of the Acquiring Company of his rights ("old rights") under the Scheme in consideration of the grant to him of rights ("new rights") which are equivalent to the old rights but which relate to shares in:
Sample 1

Related to Option Rollover

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Option means a stock option granted pursuant to the Plan.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Eligible Rollover Distribution means any distribution of all or any portion of the balance to the credit of the Distributee, except that an Eligible Rollover Distribution does not include: (a) any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the Distributee, the joint lives (or joint life expectancies) of the Distributee and the Distributee's Beneficiary, or for a specified period of 10 years or more; (b) any distribution to the extent such distribution is required under Section 401(a)(9) of the Code; and (c) the portion of any distribution that is not includable in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities).

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • NQSO means any Option that is not an ISO.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.