Option Surrender Agreement definition

Option Surrender Agreement shall have the meaning set forth in Section 2.9(a).

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Option Surrender Agreement shall have the meaning stated in Section 2.4.

Option Surrender Agreement means an agreement or certificate duly executed by an optionholder prior to the Effective Time acknowledging cancellation of all options to acquire any Shares held by such optionholder, substantially in the form attached hereto as Exhibit C.

Examples of Option Surrender Agreement in a sentence

Receipt of such consideration by the undersigned will be subject to the receipt by the Company of this Option Surrender Agreement, Release and Waiver (the "Surrender Agreement") surrendering Options for such cancellation.
Any amounts, if any, then remaining in the Merger Consideration Adjustment Escrow Fund after payment to Purchaser (or its designee) and satisfaction in full of the Post-Closing Adjustment Amount shall be released by the Stockholders’ Representative to each Securityholder who has complied with Section 1.14(d) or Section 1.16, as applicable, and each Optionholder who has complied with the terms of the applicable Option Surrender Agreement in accordance with the allocations set forth in the Payment Schedule.
From and after the Effective Time, any such cancelled option shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the Option Payment (if applicable) with respect to such option upon the execution and delivery of an Option Surrender Agreement in accordance with this Agreement.
Between the Effective Date and the Closing Date, the Parties shall reasonably cooperate and negotiate in order to come to agreement on the form, terms and conditions of each of (i) the Statement of Merger, (ii) the Surviving Articles, (iii) the Surviving Bylaws, (iv) the Option Surrender Agreement, (v) the Warrant Surrender Agreement and (vi) the Escrow Agreement (collectively, the “Ancillary Documents”).
Upon delivery by each Optionholder of an Option Surrender Agreement, the applicable portion of the Closing Merger Consideration payable to such Optionholder shall be paid to such Optionholder in accordance with Section 3.6.

More Definitions of Option Surrender Agreement

Option Surrender Agreement has the meaning set forth in Section 3.3(b)(ii).

Option Surrender Agreement means an Option Surrender Agreement, substantially in the form attached hereto as Exhibit J.

Option Surrender Agreement means an option surrender agreement in the form of Exhibit I.

Option Surrender Agreement means an agreement or certificate duly executed by an optionholder acknowledging cancellation of all Options held by such optionholder, in the form attached hereto as Exhibit B.

Option Surrender Agreement means an option surrender agreement in the form of Exhibit K.

Option Surrender Agreement means any of the option surrender agreements, of even date herewith, by and between the Company, the Purchaser and each of the Option Holders;

Option Surrender Agreement means an Option Surrender Agreement, substantially in the form attached hereto as E xhibit H. “Optionholder” means a holder of an Option.